Ebola's impact on Africa economy might be less than feared: World Bank

November 19, 2014 12:15 PM

2 0

Ebola's impact on Africa economy might be less than feared: World Bank

JOHANNESBURG (Reuters) - The cost of the Ebola epidemic on Sub-Saharan Africa's economy is likely to be closer to $3-$4 billion, rather than a worst case scenario of $32 billion, the World Bank's chief economist for the continent said on Wednesday.

Francisco Ferreira told a lecture in Johannesburg that successful containment of Ebola in some West African countries made its gloomiest forecasts less likely, although economic damage could still escalate if there was any complacency.

Read more

To category page

Loading...