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Renaissance Capital revises SSA growth forecast for 2020 to 1.3%

Renaissance Capital has revised its growth forecast for Sub-Saharan Africa to 1.3 per cent from its previous estimates of 3.5 per cent. Rencap also notes that oil exporters in Sub-Sharan Africa will be hit hard by the drop in oil prices and they expect Nigeria to fall back into a recession this year. Yvonne Mhango, Sub-Saharan African Economist at Renaissance Capital joins CNBC Africa for more.


Wed Apr 01 2020 | 12:18:36 GMT+0000 (Coordinated Universal Time)

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