World Bank warns Africa Largest Economies be badly hit this year due to COVID-19
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Two of the largest economies in Africa- Nigeria and South Africa are expected to suffer serious setbacks this year according to the World Bank. The World Bank report on Global Economic Prospects predicts that the economy of Sub-Saharan Africa will contract 2.8% this year-the the sharpest contraction on record. The fall in the per capita GDP is expected to be even deeper.
World Bank warns Africa Largest Economies be badly hit this year due to COVID-19
World Bank warns Africa Largest Economies be…
World Bank warns Africa Largest Economies be badly hit this year due to COVID-19
Two of the largest economies in Africa- Nigeria and South Africa are expected to suffer serious setbacks this year according to the World Bank. The World Bank report on Global Economic Prospects predicts that the economy of Sub-Saharan Africa will contract 2.8% this year-the the sharpest contraction on record. The fall in the per capita GDP is expected to be even deeper.