Main challenges for companies in service sector during COVID-19 in Africa 2021
According to a study conducted between February and March 2021, 53 percent of the African businesses operating in the service sector that took part in the survey faced a drop in the demand of the products and services they provide. The same share of companies reported reduced opportunities to meet new customers during the coronavirus (COVID-19) pandemic. The lack of operational cash flow represented a challenge for 36 percent of the respondents.
