Sub-Saharan Africa Faces First Recession in 25 Years

A World Bank report has confirmed that economic activity will decline by 3,3% in 2020. Covid-19 threatens to push up to 40 million people into extreme poverty in Africa, eroding many of the development gains of the past decade. The analysis recommends governments seize the opportunity within the crisis to develop policies and prioritize investments that build greater resilience, boost productivity and generate jobs.

The chart indicates growth from 2016 to 2019m, followed a contraction this year, then growth again in 2021 and 2022.

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