Africa braces for a post-pandemic world
A slower than expected recovery in commodity prices will be a drag on Africa’s economic growth as the world emerges from lockdown. Isaah Mhlanga, chief economist at Alexander Forbes, said the impact on so-called single commodity countries would be even worse, siting Angola and Ghana (oil) and Zambia (copper), among others. He was presenting on the economic consequences of COVID-19 for Africa, during a media webinar held on 28 May 2020. Africa also faces a significant decline in economic activity as developed world demand falters.