Russia–Africa Forum Participants Address Investments in the Continent

The study, prepared by experts of the consulting company Ernst & Young, analyzed the investment attractiveness of European countries, in particular Russia. The authors of the survey studied the general investment climate in the country, key sectors and regions for investment, and analyzed the impact of the pandemic on investment processes in the country.

Global growth is projected at — 4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated, and the recovery is projected to be more gradual than previously forecast.

The publication by the credit rating agency Expert RA assesses the current state of the SME lending market in Russia as of the year end 2020 and explores its prospects for 2021. The study is based on official Bank of Russia statistics and on the results of a survey of banks.

In this publication ACRA analyzes the effect of the current geopolitical crisis and the sanctions on Russia’s economy. Also, ACRA has adjusted its macroeconomic forecast.