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READ MOREAs African economies struggle to manage the consequences of COVID-19, the implementation of the African Continental Free Trade Agreement (AfCFTA) aims to provide an anchor for long-term reforms and integration. The African Continental Free Trade Area (AfCFTA) agreement creates the largest free trade area in the world measured by the participation of 1.3 billion people […]
The Nigerian government is forecasting a growth in the Gross Domestic Product (GDP) for Q3 and Q4 2020, following a decline of 6.10% (year-on-year) in Q2 2020. The Q2 2020 negative growth comes as a result of the COVID-19 pandemic and fallen oil prices. The government in its response developed several stimulus interventions kicking off […]
According to the International Monetary Fund (IMF), the global economy is expected to grow by 5.4% in 2021 from a projected decline of 4.9% in 2020 following the hard hit of the COVID-19 pandemic. On a regional base the following projections were made: REGION PROJECTED 2020 GDP GROWTH RATE PROJECTED 2021 GDP GROWTH RATE The […]
