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Dear Beloved , Please, pardon my means of contacting you. I am Mrs.Benice Mathews now undergoing medical treatment in Cecilia Makiwane Hos...

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28/08/2014

Ebola crippling West Africa economies.

The African Development Bank (AfDB) chief Donald Kaberuka said on a visit to Sierra Leone he had seen estimates of a reduction of up to 4 percent in gross domestic product due to Ebola. "Revenues are down, foreign exchange levels are down, markets are not functioning, airlines are not coming in, projects are being cancelled, business people have left - that is very, very damaging," he told Reuters late on Tuesday. Liberia has already said it would have to lower its 2014 growth forecast, without giving a new one. Sierra Leone Deputy Minister of Mineral Resources Abdul Ignosis Koroma said the government would miss its target of exporting $200 million in diamonds this year because of the Ebola outbreak. It exported $186 million of diamonds in 2013.
Full Story here. 

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