Pensions & Investments, August 2020
The novel coronavirus pandemic has had a devastating global impact on public health and economies. The worst global recession since World War II and the effects of large-scale shutdowns of all non-essential businesses worldwide, cutting off international and regional supply chains and halting all non-essential travel, have also rippled across Africa. The International Monetary Fund is forecasting a 1.6% contraction in the continent’s GDP, and the outlook is expected to worsen when revised later in the year.
Read More: https://www.pionline.com/industry-voices/commentary-impact-covid-19-african-infrastructure
