The African Development Bank projects a 3.4 per cent growth for Africa this year, as the continent is set to recover from its worst economic recession in half a century. The bank notes that the growth outlook is subject to uncertainty from both external and domestic risks. AfDB also says that significant vulnerabilities are emerging as a result of the changing landscape for Africa’s debt. Hanan Morsy, Director for Macroeconomic Forecasting and Research at the AfDB joins CNBC Africa for more.
AfDB: Uncertainty on Africa’s growth outlook high – but risks tilted to the upside
PUBLISHED: Wed, 17 Mar 2021 14:27:30 GMT