Southern Africa growth may contract by -6.6% in 2020, says AfDB

In the worst-case scenario, growth in Southern Africa would fall to -6.6 per cent in 2020 before recovering to 2.2 per cent in 2021. Growth is projected at –4.9 per cent in the baseline case, mainly driven by the deep recession in South Africa, induced by a fall in commodity prices, containment measures, weather-related events, … Continue reading Southern Africa growth may contract by -6.6% in 2020, says AfDB