Tag: africa economic outlook

How COVID-19 could condemn millions of Africans into extreme poverty

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.

Is Africa doing enough to achieve inclusive growth?

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.