On October 8, 2020, the World Bank released “Africa’s Pulse : Charting the Road to Recovery”, an analysis of issues shaping Africa’s economic future. The report predicted that Sub-Saharan Africa's would enter a recessionary phase for the first time in 25 years due to the economic downturn caused by the global epidemic of coronavirus infection. The report also pointed out that the recovery of the region's economy requires large-scale investment by countries in the region and financial support from the international community, and proposed a structural reform agenda to accelerate fiscal reserves and job creation. 

The full report is available at:

World Bank. Zeufack, Albert G.; Calderon, Cesar; Kambou, Gerard; Kubota, Megumi; Cantu Canales, Catalina; Korman, Vijdan. 2020. Africa's Pulse, No. 22, October 2020 : An Analysis of Issues Shaping Africa’s Economic Future. World Bank, Washington, DC. © World Bank. https://openknowledge.worldbank.org/handle/10986/34587 License: CC BY 3.0 IGO

World Bank Press Release on October 8, 2020:

World Bank Confirms Economic Downturn in Sub-Saharan Africa, Outlines Key Polices Needed for Recovery

Contributor: IIYAMA Miyuki (Research Strategy Office)