Africa has been relatively spared from COVID-19 in 2020 compared to other continents, but economically, the consequences have been dramatic. With an estimated global growth rate in 2020 of -3.8%, the decline in economic growth in sub-Saharan Africa is expected to translate into a decline in GDP of 3.3%, according to Mr Lionel Piquer, CEO of Coface Maghreb, West and Central Africa.