African Development Bank Regional Economic Outlook 2020: COVID-19 response and economic diversification crucial to growth recovery in Southern Africa, the most affected region
In the worst-case scenario, growth in Southern Africa would fall to -6.6% in 2020 before recovering to 2.2% in 2021. The impact of COVID-19 in South Africa is projected to trickle to the rest of the Southern African economies. Released annually since 2003, the African Economic Outlook (AEO) provides compelling up-to-date evidence and analytics to inform and support African decision makers. Media Contact: Emeka Anuforo Communication and External Relations Department African Development Bank Email: [email protected]About the African Development Bank Group: The African Development Bank Group (AfDB) (http://www.AfDB.org) is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF).
Source: The North Africa Journal July 27, 2020 16:52 UTC
