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Locust plague, COVID-19 weigh on East Africa’s economic outlook

The World Bank recently announced the first phase of an additional $500 million package to combat the locust invasion in East Africa and the Middle East. According to Moody’s, though crucial, the support package pales in comparison with the magnitude of the twin shocks that the East African economies face from the pandemic and the locust invasion. Kelvin Dalrymple, vice-President and Sovereign Analyst at Moody’s joins CNBC Africa for more.


Wed May 27 2020 | 10:14:56 GMT+0000 (Coordinated Universal Time)

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