About the Event
Covid-19 and its subsequent lockdowns have sparked Sub-Saharan Africa’s first recession in 25 years. The regional economy is forecast to shrink by 5.1% in 2020 and GDP losses potentially hitting $236 billion. But while Africa is down, it’s definitely not out. The factors that made Africa an attractive investment destination pre-Covid are still there: a talented youthful population; a three-trillion-dollar continental free trade deal; low-cost manufacturing opportunities; and an improving business environment and macroeconomic governance. To lure foreign investors back in a significant way, regional stakeholders must highlight rock solid economic plans for Covid-19 recoveries. Join us at Bloomberg Invest Africa as we convene regional and global finance and business leaders to chart a way forward to maximize Africa’s post pandemic growth trajectory.