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Join Carnegie, in partnership with the International Monetary Fund, for a special conversation on the IMF Regional Economic Outlook, featuring Carnegie Africa director, Zainab Usman, and IMF director for Africa, Abebe Aemro Selassie.
The International Monetary Fund on Thursday forecast that Africas economic rebound from pandemic-induced shrinkage would be weaker than in the rest of the world in 2021 and 2022
Low rates of vaccination against COVID-19 across the continent top the list of reasons for the slower recovery, the Washington-based institution said in a biannual report on the region.
Even though 12 billion doses of vaccine are to be produced in 2021, it will likely take more than a year for a significant number of Africans to be vaccinated, according to the International Monetary Fund.
"Lockdowns have been the sole option for containing the virus," said IMF Africa chief Abebe Aemro Selassie