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World Bank predicts sub-Saharan Africa recession in 2020

Last updated on September 11th, 2021 at 02:54 pm

Sub-Saharan Africa is expected to go into recession this year due to the coronavirus pandemic.

This is according to a World Bank assessment of the impact of covid-19 in this part of the continent. GDPs are expected to fall in Nigeria, Angola and South Africa, the three largest economies in sub-Saharan Africa.

World Bank chief economist for Africa, Albert Zeufack explains the main factors causing the recession.

Samuel Okoro

Samuel Okoro is a political analyst and journalist who reports on African Union policies, governance, and regional diplomacy. His writing focuses on how leadership decisions and cooperation among African nations shape the continent’s political and economic future.

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