The economy in Sub-Saharan Africa is struggling to pick up momentum amid a slowdown in global economic activity, continued supply constraints, an outbreak of new coronavirus variants, high inflation, and rising financial risks due to high and increasingly vulnerable debt levels. Scarring effects induced by the COVID-19 (coronavirus) pandemic and combined with climate-related issues present long-term risks to the outlook of African economies, constraining the region from reaching the twin goals of ending poverty and achieving shared prosperity.
Join World Bank Africa Chief Economist Albert Zeufack for the launch of the Spring 2022 edition of Africa’s Pulse, the region’s biannual macroeconomic analysis. In a conversation with seasoned journalists, Zeufack will discuss the need for structural transformation to reduce the risk of recession and social protection reforms to strengthen economic resilience and responsiveness to shocks.
