About: http://data.cimple.eu/news-article/c84edab79537afeef8df300a9e47c1b15dd83022aa567c9686d79d0c

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About: http://data.cimple.eu/news-article/c84edab79537afeef8df300a9e47c1b15dd83022aa567c9686d79d0c Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	The World Bank on Thursday warned sub-Saharan Africa could slip into its first recession in a quarter of century because of the coronavirus pandemic. "We project that economic growth in Sub-Saharan Africa will decline from 2.4 percent in 2019 to -2.1 to -5.1 percent in 2020, the first recession in the region in 25 years," the Bank said in an assessment. The virus has arrived late in Africa compared to elsewhere but is spreading rapidly in some countries, and the continent is highly vulnerable to declining trade and tourism and falling prices for oil and mineral exports, it said. "The COVID-19 pandemic is testing the limits of societies and economies across the world, and African countries are likely to be hit particularly hard," said Hafez Ghanem, the Bank's vice president for Africa. The impact on African countries will vary, the report said. It warned, however, that real gross domestic product was forecast to "fall sharply" in the three largest economies -- Nigeria, South Africa and Angola -- because of "persistently weak growth and investment" and declining commodity prices. sn/ri
schema:headline	Pandemic may cause Africa's 1st recession in 25 years: World Bank
schema:mentions	Real gross domestic product Commodity Sub-Saharan Africa Recession World Bank Africa South Africa Pandemic Nigeria Virus Severe acute respiratory syndrome coronavirus 2 Hafez al-Assad Mining
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-09 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	71 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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