Africa; Covid; recession;

Grim prospects for African workers

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Socialist Review reports from a continent facing an unprecedented economic collapse

Despite the comparatively limited impact of Covid-19 on Africa, the continent as a whole is on the verge of its first recession in a quarter of a century. GDP growth is projected to fall from 2.4 percent in 2019 to between -2.1 percent and an eye-watering -5.1 percent this year. According to the IMF, this will be the sharpest contraction of the continent’s economy on record.

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