• Latest
  • Trending
  • All
  • Startups
  • Funding
  • Sponsored
DHL - techbuild

DHL Global Connectedness Index 2020 Signals Recovery of Globalisation from COVID-19 Setback

2 months ago
54gene - techbuild

54gene deepens Precision Medicine for Africans, opens state of the art Scientific Research laboratory in Lagos, Nigeria

15 mins ago
Ideas to Business Program - techbuild

Afrilabs backs Wennovation Hub Ideas to Business Program for Nigerian Female Founders

47 mins ago
Founder Institute
covax

COVAX: Africa requires Timely access to Safe and Effective COVID-19 vaccines

11 hours ago
adesina

UK-Africa Investment Conference: ‘Africa is the world’s next business frontier’ – Akinwumi Adesina

11 hours ago
Wari - techbuild

Wari partners Lycaremit to facilitate Cross-border Remittance

17 hours ago
Biden - techbuild

Opinion: Positioning Africa at the forefront of the Biden Administration

20 hours ago
techbuild.africa - techbuild

techbuild.africa opens Application for Content Writers

21 hours ago
Legal Lens - techbuild

Legal Lens is saving Cost on Legal Fees for South Africans

22 hours ago
Godo hub - techbuild

GoDo Hub opens call for Mentors

23 hours ago
Science and Technology Innovation Challenge - techbuild

Nigerian student? Apply for Science and Technology Innovation Challenge 2021

1 day ago
Highest Currencies in Africa - techbuild

10 Highest Currencies in Africa (2021)

1 day ago
COVID-19 - techbuild

COVID-19: Digitalization of Economic Sectors will kick-start a New Growth Cycle – AfDD’s Report

1 day ago
Founder Institute Founder Institute Founder Institute
  • Home
  • About
  • Partners
  • Advertise
  • Contact
  • Signup to receive updates
  • en English
    en Englishfr Frenchar Arabicsw Swahilipt Portuguesede Germanes Spanishzh-CN Chinese (Simplified)
Innovation | Start-ups | Funding | Tech Blog in Africa
Advertisement
  • Home
  • Startups
  • Funding
  • Women Tech
  • Hubs
  • News
  • Interviews
No Result
View All Result
  • Home
  • Startups
  • Funding
  • Women Tech
  • Hubs
  • News
  • Interviews
No Result
View All Result
Innovation | Start-ups | Funding | Tech Blog in Africa
No Result
View All Result
Home News

DHL Global Connectedness Index 2020 Signals Recovery of Globalisation from COVID-19 Setback

Four Sub-Saharan Africa countries among top 10 countries with the largest gains in connectedness

Editor by Editor
4th December 2020
in News
DHL - techbuild

Credits: voxlog.fr

Global trade has rebounded strongly, sustaining economies around the world; ‘Digital globalisation’ raced ahead as people flows plummeted; Country ranking led by The Netherlands, Singapore, Belgium, the United Arab Emirates and Ireland; Four Sub-Saharan Africa countries among top 10 countries with the largest gains in connectedness.

Today, DHL and the NYU Stern School of Business released the DHL Global Connectedness Index 2020 (GCI).

The report, now in its seventh edition, is the first comprehensive assessment of globalization during the spreading COVID-19 pandemic.

It tracks international flows of trade, capital, information and people across 169 countries and territories. After holding steady in 2019, current forecasts imply that the index will fall significantly in 2020 due to the distancing effects of COVID-19 on societies, such as closed borders, travel bans and grounded passenger airlines.

Nonetheless the pandemic is unlikely to send the world’s overall level of connectedness below where it stood during the 2008 – 09 global financial crisis.

DHL GCI 2020 Infographic Far less globalizated
DHL GCI 2020 Infographic Far less globalizated

Trade and capital flows have already started to recover and international data flows surged during the spreading pandemic as in-person contact migrated online, boosting international internet traffic, phone calls and e-commerce.

John Pearson, CEO of DHL Express, commented:

“The current crisis has shown how indispensable international connections are for maintaining the global economy, securing people’s livelihoods and helping companies strengthen their trading levels,

Connected supply chains and logistics networks play an essential role in keeping the world running and stabilizing globalization especially at a time of a crisis that spans our globe.

This reminds us of the need to stay prepared for any challenge. The recent vaccine breakthrough has put a spotlight on the systemic importance of fast and secure medical logistics dependent on a worldwide interconnected network that effectively ensures international distribution.”

While COVID-19 has disrupted business and life around the world, it has not severed the fundamental links that connect nations.

“This report shows that globalization did not collapse in 2020, but that the pandemic did transform – at least temporar­ily – how countries connect.

It also demonstrates both the dangers of a world where critical linkages break down and the urgent need for more effective cooperation in the face of global challenges,” comments GCI lead author Steven A. Altman, Senior Research Scholar and Director of the DHL Initiative on Globalization at the NYU Stern School of Business.

“Stronger global connectedness could accelerate the world’s recovery from the COVID-19 pandemic, as countries that connect more to international flows tend to enjoy faster economic growth.”

The four countries include Sudan, Niger, the United Republic of Tanzania, and the Gambia.


Featured Image: John Pearson, CEO of DHL Express


Don’t miss important articles during the week. Subscribe to techbuild.africa weekly digest for updates.

Related Posts

NIN-SIM - techbuild
News

TIC records Significant progress in NIN-SIM Linkage Exercise

3 days ago
Verdant Capital - techbuild
News

Africa Global Funds Awards: Verdant Capital bags Independent Advisory Firm of the Year

4 days ago
Tizeti - techbuild
News

Tizeti rolls out High-speed 4G LTE in Edo State

4 days ago
COVID-19 - techbuild
News

COVID-19: Africa surpasses First Wave Peak, crosses 3 Million Cases

1 week ago

SIGNUP FOR UPDATES

RECENT

  • 54gene deepens Precision Medicine for Africans, opens state of the art Scientific Research laboratory in Lagos, Nigeria
  • Afrilabs backs Wennovation Hub Ideas to Business Program for Nigerian Female Founders
  • COVAX: Africa requires Timely access to Safe and Effective COVID-19 vaccines
  • UK-Africa Investment Conference: ‘Africa is the world’s next business frontier’ – Akinwumi Adesina
  • Wari partners Lycaremit to facilitate Cross-border Remittance

PREVIOUS

Join Founder Institute Join Founder Institute Join Founder Institute
ADVERTISEMENT
Innovation | Start-ups | Funding | Tech Blog in Africa

© 2013-2021 techbuild.africa. All Rights Reserved.

  • About
  • Contact
  • Privacy
  • Sitemap
  • Terms of Service

Follow us

No Result
View All Result
  • Home
  • Startups
  • Funding
  • Women Tech
  • Hubs
  • News
  • Interviews

© 2013-2021 techbuild.africa. All Rights Reserved.

en English
en Englishfr Frenchar Arabicsw Swahilipt Portuguesede Germanes Spanishzh-CN Chinese (Simplified)
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.