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<p>The World Bank says Sub-Saharan Africa is expected to post economic growth of between 2.3 per cent to 3.4 per cent this year.  World Bank Chief Economist for Africa, Albert Zeufack says ambitious reforms that support job creation, strengthen equitable growth, protect the vulnerable and contribute to environmental sustainability will be key to bolstering those efforts going forward toward a stronger recovery across the African continent. He joins CNBC Africa&#8217;s Fifi Peters and Kenneth Igbomor for more details on their projections.</p>


Albert Zeufack: Reforms supporting jobs

Albert Zeufack: Reforms supporting jobs, equitable growth needed for stronger recovery

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<p>The World Bank has confirmed the economic downturn in Sub-Saharan Africa, with COVID-19 pushing the region into its first recession in 25 years. With the toll that the pandemic has taken on economic activity, growth is projected to fall to negative 3.3 per cent this year. The heavy blow could also erase at least five years of progress in fighting poverty. Joining CNBC Africa to unpack the latest report from the World Bank is Albert Zeufack, Chief Economist for Africa at the World Bank.</p>


COVID-19 plunges SSA into first recession in 25 years

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<p>The World Bank expects COVID-19 to cost Sub-Saharan Africa up to $79 billion in lost output in 2020, plunging the region into its first recession in a quarter of a century. World Bank’s Chief Economist for Africa, Albert Zeufack joins CNBC Africa for more.</p>


World Bank considers debt relief for Africa to fight COVID-19

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<p>The World Bank says Sub-Sahara Africa’s economy has remained sluggish mainly hampered by persistent uncertainty in the global economy and the slow pace of reforms to enhance domestic resilience. The World Bank projects a 2.6 per cent economic growth for the region this year. This is 0.2 per cent lower than its projections in April. From Washington DC to discuss this, Albert Zeufack, Chief Economist for Africa at the World Bank joins CNBC Africa.</p>


World Bank’s outlook for Sub-Saharan Africa economies

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<p>The World Bank (WB) says Africa&#8217;s poorest countries saw little to no progress on average in improving the quality of their policy and institutional frameworks in 2018. The average Country Policy and Institutional Assessment (CPIA) score in Africa&#8217;s 38 International Development Associations (IDA), that is the IDA-eligible countries in 2018 remained unchanged at 3.1 on a scale of zero to six. Albert Zeufack, Chief Economist for Africa at the World Bank joined CNBC Africa&#8217;s Kenneth Igbomor for more.</p>


World Bank’s CPIA reports indicate stagnancy of development: How is it affecting Africa’s poorest countries?

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<p>Due to the changing nature of work in the wake of the 4th industrial revolution, many jobs have been threatened by the implementation of automation. However, the World Bank Future of Work in Africa report revealed that jobs in Africa will mostly likely not be affected by new technologies. World Bank Chief Economist for Africa, Albert Zeufack joins CNBC Africa for more.</p>


albert zeufack

Albert Zeufack: Reforms supporting jobs, equitable growth needed for stronger recovery

COVID-19 plunges SSA into first recession in 25 years

World Bank considers debt relief for Africa to fight COVID-19

World Bank’s outlook for Sub-Saharan Africa economies

World Bank’s CPIA reports indicate stagnancy of development: How is it affecting Africa’s poorest countries?

World Bank: The future of jobs in Africa is secure

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albert zeufack

Albert Zeufack: Reforms supporting jobs, equitable growth needed for stronger recovery

COVID-19 plunges SSA into first recession in 25 years

World Bank considers debt relief for Africa to fight COVID-19

World Bank’s outlook for Sub-Saharan Africa economies

World Bank’s CPIA reports indicate stagnancy of development: How is it affecting Africa’s poorest countries?

World Bank: The future of jobs in Africa is secure

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