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Lido Fontana

Lido Fontana has significant experience in international oil and gas, mining, power, and large infrastructure development transactions.

As a complement to our March 26, 2020 blog “Covington’s Ability to Help Respond to the COVID-19 Pandemic in Africa,” you may access the audio of our briefing call here.

Key takeaways from the briefing can be accessed here.

With African governments increasingly taking strong actions to impede the spread of the COVID-19 virus,

  1. Africa’s Growth Prospects. Africa’s gross domestic product (GDP) is expected to grow at 3.8 percent in 2019, which is a significant improvement over last year’s regional growth rate of 2.6 percent. Excluding the continent’s largest economies (Angola, Nigeria and South Africa), which are growing collectively at an average of 2.5 percent, the aggregate growth rate