According to a study conducted between February and March 2021, 64 percent of the African businesses operating in the goods sector that took part in the survey faced increased prices of supplies or raw materials. Moreover, 48 percent of the companies reported delays in obtaining supplies during the coronavirus (COVID-19) pandemic. The lack of operational cash flow represented a challenge for the same share of respondents.
Main challenges faced by businesses in the goods sector during the coronavirus (COVID-19) pandemic in Africa as of March 2021
Characteristic
Share of businesses
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International Economics. (April 29, 2021). Main challenges faced by businesses in the goods sector during the coronavirus (COVID-19) pandemic in Africa as of March 2021 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1232683/main-challenges-for-companies-in-goods-sector-during-covid-19-in-africa/
International Economics. "Main challenges faced by businesses in the goods sector during the coronavirus (COVID-19) pandemic in Africa as of March 2021." Chart. April 29, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1232683/main-challenges-for-companies-in-goods-sector-during-covid-19-in-africa/
International Economics. (2021). Main challenges faced by businesses in the goods sector during the coronavirus (COVID-19) pandemic in Africa as of March 2021. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1232683/main-challenges-for-companies-in-goods-sector-during-covid-19-in-africa/
International Economics. "Main Challenges Faced by Businesses in The Goods Sector during The Coronavirus (Covid-19) Pandemic in Africa as of March 2021." Statista, Statista Inc., 29 Apr 2021, https://www.statista.com/statistics/1232683/main-challenges-for-companies-in-goods-sector-during-covid-19-in-africa/
International Economics, Main challenges faced by businesses in the goods sector during the coronavirus (COVID-19) pandemic in Africa as of March 2021 Statista, https://www.statista.com/statistics/1232683/main-challenges-for-companies-in-goods-sector-during-covid-19-in-africa/ (last visited July 22, 2024)
Main challenges faced by businesses in the goods sector during the coronavirus (COVID-19) pandemic in Africa as of March 2021 [Graph], International Economics, April 29, 2021. [Online]. Available: https://www.statista.com/statistics/1232683/main-challenges-for-companies-in-goods-sector-during-covid-19-in-africa/