Sub-Saharan Africa growth to fall [Business Africa]
*The World Bank has said a significant post-COVID recession looms in sub-Saharan Africa.*
From the 1.6% rate previously announced by the IMF, the continent will experience a further contraction in its gross domestic product by 2.8%, according to the latest World Bank report.
It is a consequence of the coronavirus, which the body says will push millions of people into extreme poverty.
AfDB grants $13.55 million to CEMAC, DRC
And to support CEMAC economies that are suffering from the effe…
READ MORE : http://[a]www.africanews.com%2F2020%2F06%2F24%2Fsub-saharan-africa-growth-to-fall-business-africa[/a]
Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans.
Africanews is the first pan-African multilingual media outlet, unique in its concept and vision.
Subscribe on our Youtube channel https://www.youtube.com/c/africanews and receive all the latest news from the continent.
Africanews is available in English and French.
Website : www.africanews.com
Facebook : https://www.facebook.com/africanews.channel/
Twitter : https://twitter.com/africanews
