Tag: developing economies
The World Bank expects emerging markets and developing economies to shrink by 2.5 per cent this year, their first decline in six years, due to the impacts of Covid-19. Furthermore, per capita incomes are also expected to contract and tip millions of people into extreme poverty this year. Rudi Steinbach, Senior Economist, World Bank joins CNBC Africa for more.
Tech entrepreneurs play a vital role in developing economies as they respond to the real demands of economic job creation and opportunities. For more on how African tech entrepreneurship can be enhanced and utilised effectively to benefit the economy, James Hedley, Founder of Quicket joins CNBC Africa.