AFRICA Finance Issue dated 25/03/2020

The UN's closed-door briefing on the economic impact of COVID-19

According to a confidential briefing given to scores of senior African officials during a virtual meeting organised by the UN earlier this month, the novel coronavirus pandemic is projected to almost halve economic growth in Africa in 2020, generating a loss of some $29 billion. Meanwhile, major lenders to Africa have been asked to waive tens of billions of dollars in interest payments due this year. [...] (455 words)
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