With the COVID-19 virus pandemic hitting hard and destabilizing economies, World Bank has said that the virus is a test on the stability of Africa’s economy.
It also said that at the end of it all, there is a huge possibility of the continent falling into recession.
World Bank Vice President for Africa, Hafez Ghanem said “The COVID-19 pandemic is testing the limits of societies and economies across the world, and African countries are likely to be hit particularly hard”.
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According to data based on governmet statements and WHO data, the continent now hass over 11,000 confirmed cases of the novel coronavirus, more than 560 deaths and over 1,140 recoveries.
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