Six more African countries reported their first confirmed coronavirus infections this week, but the virus’ spread in the region remains slower than elsewhere. Even so, the economic shockwaves caused by reduced tourist flows and lower oil prices are already hitting African economies. We’ve highlighted Angola as the worst-affected. African policymakers will probably begin their first wave of reactions next week, with the South African Reserve Bank likely to cut its key rate from 6.25% to 6.00% on Thursday.
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