Africa facing recession, a first in 25 years 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
The global coronavirus pandemic is going to send Africa into its first recession in 25 years, as economies get battered by lockdowns.
According to the World Bank Africa’s Pulse report, the continent’s economic growth will also drop from 2.4 per cent in 2019 to between -2.1 to -5.1 per cent in 2020, impacted by the virus outbreak.
