Tag: African economies

African economies hard hit by coronavirus pandemic

By David ESNAULT avec les bureaux africains de l’AFP Agence France-Presse ABIDJAN, Ivory Coast (AFP) — Sub-Saharan Africa has not been as badly hit by the coronavirus pandemic as some other parts of the world, but the economy is being pummeled. Here’s a look at the main issues. – Perfect storm recession – For the first time in 25 years sub-Saharan Africa is about to go into recession, according to World Bank estimates. Following 2.4 […]