Tag: africa economic outlook
The African Development Bank says an additional 49 million Africans could be pushed into extreme poverty by the Covid-19 pandemic and its aftermath. This was in the updated forecast of the Africa Economic Outlook, where they expect Central Africa and West Africa to be the hardest-hit regions. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.
The African Development Bank (AfDB) says despite Africa's solid growth performance, only about a third of countries achieved inclusive growth. This was in their Africa Economic Outlook. Bismarck Rewane, CEO of Financial Derivatives joins CNBC Africa to discuss stories impacting Nigeria.