It is projected that the economic growth in Sub-Saharan Africa will decline from 2.4 per cent in 2019 to -2.1 to -5.1 per cent in 2020
Johannesburg: The World Bank on Thursday warned sub-Saharan Africa could slip into its first recession in a quarter of century because of the coronavirus pandemic.
"We project that economic growth in Sub-Saharan Africa will decline from 2.4 per cent in 2019 to -2.1 to -5.1 per cent in 2020, the first recession in the region in 25 years," the Bank said in an assessment.
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