The World Bank recently released a report predicting economic growth of 2.7% in sub-Saharan Africa in 2021.
Affected by the COVID-19 epidemic in 2020, per capita income shrank by 6.1%, reducing the living standards of one quarter of the countries in the region by ten years.
The World Bank said that the COVID-19 epidemic continues to spread and suppress economic activity, and the rebound is expected to be limited.
During the epidemic, the economies of agricultural exporting countries such as Benin, Malawi and Uganda contracted relatively little, and the growth rate in 2021 may be higher than the average, but it is still unable to return to historical levels.
Oil exporters such as Nigeria will face a difficult recovery, with a projected growth of 1.1 percent; Angola is expected to grow by 0.9%;
South Africa is hit by the worst epidemic, which has made the otherwise sluggish economy worse, with a projected growth of 3.3% in 2021.