A $290 Billion Funding Shortfall Is Slowing Africa’s Revival
- World Bank Raises region’s growth forecast to 3.3%, from 2.3%
- International community urged to give Africa fiscal space
Shoppers walk through a market in Pretoria, South Africa.
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Sub-Saharan Africa needs significant additional funding to counter damage wrought by the coronavirus pandemic, bolster its economic recovery prospects and mitigate threats posed by climate change, according to the World Bank.