{"id":15817,"date":"2020-10-12T19:40:04","date_gmt":"2020-10-12T19:40:04","guid":{"rendered":"https:\/\/www.africa-press.com\/kenya\/?p=15817"},"modified":"2020-10-12T19:40:04","modified_gmt":"2020-10-12T19:40:04","slug":"sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says","title":{"rendered":"Sub-Saharan Africa to contract 3.3 per cent this year, World Bank says"},"content":{"rendered":"

Author:\u00a0REUTERS\u00a0<\/strong>
\nAfricaPress-Kenya:<\/strong> The coronavirus crisis\u00a0is expected to drive a 3.3 per cent contraction in sub-Saharan African economies in 2020 and could push 40 million people into extreme poverty, the World Bank said on Thursday.<\/p>\n

The Washington-based lender said growth in the region would recover in 2021, with\u00a0economies growing\u00a0by 2.1 per cent, below 2019\u2019s growth of 2.4 per cent.<\/p>\n

\u201cThe COVID-19 pandemic has taken a large toll on economic activity in sub-Saharan Africa, putting a decade of hard-won economic progress at risk,\u201d the bank said.<\/p>\n

Apart from South Africa, the region appears to have so far escaped the worst of the health crisis, accounting for 3.4 per cent of global infections and 2.5 per cent of deaths, but the World Bank warned of\u00a0potential risks from the virus.<\/p>\n

\u201cGreat uncertainty surrounds the scale and trajectory of the pandemic in the region,\u201d it said, citing the experience of European nations and the United States, which are going through a second wave of infections.<\/p>\n

The pandemic is expected to regress the economic output per person to 2007 levels by the end of next year, the bank said, and disrupt learning for 235 million students.<\/p>\n

This year\u2019s economic growth is expected to be hit by the lockdowns put in place by governments to curb the spread of the virus, and the\u00a0impact of the global slowdown.<\/p>\n

\u201cDisruptions in the tourism industry and lockdowns will cause substantial slow-downs in Ethiopia, Kenya, and the island nations,\u201d the World Bank said.<\/p>\n

Economies which are not overly reliant on commodities, like Ivory Coast, Ghana and Senegal, will be spared from steep contractions, thanks to fairly robust outputs in their farming sectors, the bank said.<\/p>\n

Governments in the region should take steps to boost their capacity to\u00a0recover from the impact of the crisis, the World Bank said.<\/p>\n

\u201cCountries need to reconstitute their fiscal space to finance programs that can stimulate recovery, improve debt management, and fight corruption,\u201d the lender said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Author:\u00a0REUTERS\u00a0 AfricaPress-Kenya: The coronavirus crisis\u00a0is expected to drive a 3.3 per cent contraction in sub-Saharan African economies in 2020 and could push 40 million people into extreme poverty, the World Bank said on Thursday. The Washington-based lender said growth in the region would recover in 2021, with\u00a0economies growing\u00a0by 2.1 per cent, below 2019\u2019s growth of […]<\/p>\n","protected":false},"author":84,"featured_media":15820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[2763,6047,1031],"class_list":["post-15817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-covid-19-pandemic","tag-economic-recovery","tag-world-bank"],"yoast_head":"\nSub-Saharan Africa to contract 3.3 per cent this year, World Bank says - kenya<\/title>\n<meta name=\"description\" content=\"The coronavirus crisis\u00a0is expected to drive a 3.3 per cent contraction in sub-Saharan African economies in 2020 and could push 40 million\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sub-Saharan Africa to contract 3.3 per cent this year, World Bank says\" \/>\n<meta property=\"og:description\" content=\"The coronavirus crisis\u00a0is expected to drive a 3.3 per cent contraction in sub-Saharan African economies in 2020 and could push 40 million\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-12T19:40:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/10\/subsaharan_africa_t5f83f7860c483.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"727\" \/>\n\t<meta property=\"og:image:height\" content=\"464\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Sub-Saharan Africa to contract 3.3 per cent this year, World Bank says\",\"datePublished\":\"2020-10-12T19:40:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says\"},\"wordCount\":328,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/10\/subsaharan_africa_t5f83f7860c483.jpg\",\"keywords\":[\"Covid-19 pandemic\",\"Economic Recovery\",\"World Bank\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says\",\"name\":\"Sub-Saharan Africa to contract 3.3 per cent this year, World Bank says - kenya\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/10\/subsaharan_africa_t5f83f7860c483.jpg\",\"datePublished\":\"2020-10-12T19:40:04+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The coronavirus crisis\u00a0is expected to drive a 3.3 per cent contraction in sub-Saharan African economies in 2020 and could push 40 million\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/10\/subsaharan_africa_t5f83f7860c483.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/10\/subsaharan_africa_t5f83f7860c483.jpg\",\"width\":727,\"height\":464},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/kenya\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sub-Saharan Africa to contract 3.3 per cent this year, World Bank says\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/\",\"name\":\"kenya\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Sub-Saharan Africa to contract 3.3 per cent this year, World Bank says - kenya","description":"The coronavirus crisis\u00a0is expected to drive a 3.3 per cent contraction in sub-Saharan African economies in 2020 and could push 40 million","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says","og_locale":"en_US","og_type":"article","og_title":"Sub-Saharan Africa to contract 3.3 per cent this year, World Bank says","og_description":"The coronavirus crisis\u00a0is expected to drive a 3.3 per cent contraction in sub-Saharan African economies in 2020 and could push 40 million","og_url":"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says","og_site_name":"kenya","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2020-10-12T19:40:04+00:00","og_image":[{"width":727,"height":464,"url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/10\/subsaharan_africa_t5f83f7860c483.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Sub-Saharan Africa to contract 3.3 per cent this year, World Bank says","datePublished":"2020-10-12T19:40:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says"},"wordCount":328,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/10\/subsaharan_africa_t5f83f7860c483.jpg","keywords":["Covid-19 pandemic","Economic Recovery","World Bank"],"articleSection":["all news","economy","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says","url":"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says","name":"Sub-Saharan Africa to contract 3.3 per cent this year, World Bank says - kenya","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/10\/subsaharan_africa_t5f83f7860c483.jpg","datePublished":"2020-10-12T19:40:04+00:00","author":{"@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The coronavirus crisis\u00a0is expected to drive a 3.3 per cent contraction in sub-Saharan African economies in 2020 and could push 40 million","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#primaryimage","url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/10\/subsaharan_africa_t5f83f7860c483.jpg","contentUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/10\/subsaharan_africa_t5f83f7860c483.jpg","width":727,"height":464},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/sub-saharan-africa-to-contract-3-3-per-cent-this-year-world-bank-says#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/kenya\/"},{"@type":"ListItem","position":2,"name":"Sub-Saharan Africa to contract 3.3 per cent this year, World Bank says"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/kenya\/#website","url":"https:\/\/www.africa-press.net\/kenya\/","name":"kenya","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/15817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/comments?post=15817"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/15817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media\/15820"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media?parent=15817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/categories?post=15817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/tags?post=15817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}