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Sub-Saharan Africa construction sector in recession, recovery expected in Q2 2021
The construction industry in sub-Saharan Africa is expected to enter a deep recession in 2020 as a result of the COVID-19 pandemic driven by several headwinds – most of which are related to policies imposed to contain the spread of COVID-19.
According to GlobalData, a leading data and analytics company, the construction output growth forecast for sub-Saharan Africa in 2020 has been cut down to -4.9% from a previous forecast of 0.7%.
Yasmine Ghozzi, Economist at GlobalData, comments: “The closure of borders adversely affecting trade flows and tourism, the collapse of global
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