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The economic impact of the COVID-19 pandemic in Sub-Saharan Africa has been severe; however, countries are weathering the storm so far. Real GDP is estimated to contract by 2.0 percent in 2020—close to the lower bound of the forecast range in April 2020, and less than the contraction in...
Persistent link: https://www.econbiz.de/10012502717
The World Bank Group's Horn of Africa Regional Initiative promotes resilience and economic opportunity in one of the world’s most challenging regions for security and development. Within the region, extreme poverty, vulnerability, fragility, and food insecurity are disproportionately...
Persistent link: https://www.econbiz.de/10012564842
Sub-Saharan Africa has the highest rate of entrepreneurship in the world, with approximately 42 percent of the non-agricultural labor force classified as self-employed or employers. Yet most entrepreneurs are unable to grow their businesses beyond small-scale subsistence operations, impeding...
Persistent link: https://www.econbiz.de/10012564818
This report aims to provide a market overview that describes the main characteristics and size of current and future demand for tourism products delivered by and based in local communities in Africa. If demand is better understood, supply can be better developed and better placed to take...
Persistent link: https://www.econbiz.de/10012564790
The economic impact of the COVID-19 pandemic in Sub-Saharan Africa has been severe; however, countries are weathering the storm so far. Real GDP is estimated to contract by 2.0 percent in 2020-close to the lower bound of the forecast range in April 2020, and less than the contraction in advanced...
Persistent link: https://www.econbiz.de/10012521911
The Ugandan economy will need to grow rapidly, sustainably, and broadly (i.e., in a shared manner), to reach middle-income status, lift its population out of poverty, and generate enough jobs for one of the fastest growing populations in the world. To do so, the country needs to unlock its...
Persistent link: https://www.econbiz.de/10014578702