World Bank says sub-Saharan Africa destined for first recession in 25 years

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For the first time in a quarter of a century, sub-Saharan Africa could be heading towards a recession, as a result of the economic effects of Covid-19.

The revelation came as part of the World Bank’s latest review of the region, where growth is now expected to fall sharply to -5.1%

“The Covid-19 pandemic is testing the limits of societies and economies across the world, and African countries are likely to be hit particularly hard,” says Hafez Ghanem, World Bank vice-president for Africa.

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