- May 5, 2020
- Posted by: AITRC 2
- Categories: News, Events, Blog, Report
On the 5th May,2020 Africa International Trade & Commerce Research in partnership with Nigeria Private Sector Alliance and Centre for Trade & Business Environment Advocacy organized and facilitated a continental wide webinar titled: COVID-19: IMPACTS ON CONSUMER PROTECTION AND COMPETITION IN AFRICA.
Competition and consumer protection is seen as complementary to trade and industrial policies. Prior to the outbreak of the coronavirus, the Africa continent is mostly considered as lagging behind other continents in consumer protection . With the rampaging nature of COVID-19 and obvious inexorable change in countries economic structure, the issue of competition and consumer protection in Africa needs urgent intervention. Lending credence to this is the emergence of Campaigns involving advertisement and commercial practices concerning specific products of utmost relevance in this emergency period (for example, medical devices, drugs, and fundraising) that explicitly exploit coronavirus and people’s fear for profit. More so, government action on lockdowns in several countries in Africa further induced the demand surge for essential and non-essential goods beyond supply, which has been hampered by the breakdown in the supply chain. To read more about webinar, click here to download the report
