Africa to post negative growth for first time in 25 yearsCovid-19 is driving sub-Saharan Africa towards its first recession in 25 years. According to the latest Africa’s Pulse, a biannual update on the region published by the World Bank, growth is forecast to fall from 2.4 per cent last year to between negative 2.1 per cent and negative 5.1 per cent in 2020. In its analysis, the World Bank expects Covid-19 to cost the region between $37 billion (Sh3.9 trillion) and $79 billion (Sh8.4 trillion) this year. SEE ALSO: China confirms virus spreading between humansAre you suspecting that you have coronavirus? Before you rush to the hospital, do this quick easy self-assessment test.

Source: Standard Digital April 10, 2020 04:07 UTC