October 19, 2020/Coronation Report

Which countries will be Africa’s winners and losers at the end of the Covid-19-induced recession? We believe it makes sense to a take a two-year view on this question so, when the International Monetary Fund (IMF) revised its GDP forecasts for 2020 and 2021 last week, we took the opportunity to combine them. The results are on the following pages.

There are some surprising results. Generally, it is the non-oil producing nations that do well and among these are some of the poorest countries. East Africa looks poised for a remarkable recovery. On the global stage China emerges with much better growth than other industrialised nations.

Click here to read full PDF copy of report