African economy to decline by $189.7bn

African economy to decline by $189.7bn


African Development Bank (AfDB) has forecasted that Nigeria and the rest of the continent will suffer a Gross Domestic Product (GDP) loss of $189.7 billion in 2020. AfDB, in its African Economic Outlook report released on Tuesday, stated that Africa could suffer GDP losses in 2020 between $145.5 billion (baseline) and $189.7 billion (worst case). […]

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