However Citibank’s chief economist for Africa David Cowan thinks a few of that is overblown.
Most of Africa’s financial system at this time, for instance, is subsistence agriculture; unlikely to be too badly affected. That does not imply that oil exporters and vacationer hubs might be spared.
There are cataclysmic warnings in regards to the influence of coronavirus on Africa’s financial system.
However Citibank’s chief economist for Africa David Cowan thinks a few of that is overblown.
Most of Africa’s financial system at this time, for instance, is subsistence agriculture; unlikely to be too badly affected. That does not imply that oil exporters and vacationer hubs might be spared.
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