World Bank predicts sub-Saharan Africa recession in 2020 [Business Africa]
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.
Discover more from Africa Global Village
Subscribe to get the latest posts sent to your email.
