Sub-Saharan Africa to fall into recession in 2020, says World Bank
Locals keep social distance as they queue during the distribution of food parcels to vulnerable residents by the local government during a 21-day lockdown due to a spread of the coronavirus, in Johannesburg's township of Soweto, South Africa on April 7,2020. PHOTO | REUTERS
What you need to know:
• The bank’s Africa’s Pulse report said the region’s economy will contract 2.1 per cent to 5.1 per cent from growth of 2.4 per cent last year.
• The coronavirus has led to suspension of international passenger travel in many countries on the continent, and hit sectors such as tourism.
• Africa has at least 10,956 confirmed cases of the novel coronavirus, 562 deaths and 1,149 recoveries, according to a Reuters tally.
