By MOHAMMED MOMOHMore by this AuthorAbuja,The West African regional bloc, Ecowas, is choosing collective action to save its nearly Sh400 million people from the spiralling effects of the novel coronavirus disease (Covid-19). Last Thursday, leaders of the Economic Community of West African States , in responding to a rising number of cases, held a two-day teleconference seeking answers. The leaders said they will support banks and financial institutions and provide assistance to the private sector, especially the Small and Medium Enterprises (SMEs). Part of the solution will be to deploy, through local Central Banks, “tools, means and significant liquidity to support the financial sector”. Before that, the leaders said they were launching a stronger sensitisation programme, admitting prevention would be easier than treatment in the region.

Source: Daily Nation April 28, 2020 18:22 UTC