Economics
Sub-Saharan Africa Set for Uneven Rebound, World Bank Says
- Growth depends largely on virus transmission, vaccine access
- New waves of Covid-19 continue to hamper growth in 2021
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Sub-Saharan Africa is set for an uneven economic recovery this year as some countries struggle to bring coronavirus infections under control, according to the World Bank.
Gross domestic product will probably grow between 2.3% and 3.4% in 2021, after contracting 2% last year, on stronger agricultural growth and a faster-than-expected recovery in commodity prices, the Washington-based lender said in an emailed copy of its Africa Pulse report Wednesday.