Africa: COVID-19 (Coronavirus) Drives Sub-Saharan Africa Toward First Recession in 25 Years

press release

Washington, DC — Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbreak and is forecast to fall sharply from 2.4% in 2019 to -2.1 to -5.1% in 2020, the first recession in the region over the past 25 years, according to the latest Africa’s Pulse, the World Bank’s twice-yearly economic update for the region.

Analysis: For Sub-Saharan Africa, Coronavirus Crisis Calls for Policies for Greater Resilience

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