Green and social Bond Newsletter - Issue N°8 - November 2022

As the world kept battling the devastating socio‑economic effects of the COVID‑19 pandemic, the African continent demonstrated resilience in 2021 with 6.9%1 real GDP growth, compared to 1.6% GDP decline in 2020, its first recession in half a century. However, the negative impacts of the pandemic were still felt throughout 2021, with approximately 30 million Africans pushed into extreme poverty and about 22 million jobs lost on the continent

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