COVID-19 has taken a large toll on economic activity in Sub-Saharan Africa, putting a decade of hard-won economic progress at risk. The pandemic is pushing the region into its first recession in 25 years. In 2020, GDP per capita is expected to contract by 6.5 percent in Sub-Saharan Africa and by the end of 2021, it’s likely to have regressed back to its 2007’s level. Therefore, COVID-19 could push up to 43 million people into extreme poverty in Africa...
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DETAILS
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2020/10/21
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Publication
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153598
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2
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2020/10/22
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Disclosed
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Executive Summary
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digital technology
Citation
Ghanem,Hafez; Diagana,Ousmane; Zeufack,Albert G.; Calderon,Cesar.
Africa’s Pulse : An Analysis of Issues Shaping Africa’s Economic Future - Charting the Road to Recovery (Vol. 2 of 2) : Executive Summary (English). Africa's Pulse|no. 22 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/718651602224025589