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Browsing: Africa Pulse report
- African economy has sustained significant impacts due to the pandemic
- Several sectors such as tourism and trade have been impacted significantly
- Despite the virus, Africa has demonstrated important issues towards handling pandemics
One of the most vibrant economies in the world, sub-Saharan Africa is slated to bounce back from the shocks of COVID-19 which left a number of economies shaken to the core and hundreds of lives lost.
Despite the pandemic limiting several economic functions such as international travel—which marred tourism operations in East Africa, the region is expected to score growth of 3.3 per cent in 2021, according to a recent report by the World Bank.
The October edition of Africa’s Pulse report explicitly noted that the resurgence of the economy is promoted by elevated commodity prices, a relaxation of stringent pandemic measures and recovery in global trade.
Kenya, Tanzania, Rwanda and Uganda, are now working towards building …