According to a study conducted between February and March 2021, 44 percent of the African businesses that took part in the survey had a rather pessimistic view in the short run that revenue contraction would occur. On the other hand, only 19 percent predicted revenue growth. However, as more time passed a more optimistic view can be recognized with 63 percent of the businesses predicting revenue growth after 12 months.
Expected revenue of businesses due to coronavirus (COVID-19) pandemic in Africa as of March 2021
The source claims that:
12 percent of the respondent were in Northern Africa
30 percent of the respondents were in Western Africa
14 percent of the respondents were in Central Africa
23 percent of the respondents were in Eastern Africa
21 percent of the respondents were in Southern Africa
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International Economics. (April 29, 2021). Expected revenue of businesses due to coronavirus (COVID-19) pandemic in Africa as of March 2021 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1234056/expected-revenue-of-businesses-due-to-covid-19-in-africa-2021/
International Economics. "Expected revenue of businesses due to coronavirus (COVID-19) pandemic in Africa as of March 2021." Chart. April 29, 2021. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1234056/expected-revenue-of-businesses-due-to-covid-19-in-africa-2021/
International Economics. (2021). Expected revenue of businesses due to coronavirus (COVID-19) pandemic in Africa as of March 2021. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1234056/expected-revenue-of-businesses-due-to-covid-19-in-africa-2021/
International Economics. "Expected Revenue of Businesses Due to Coronavirus (Covid-19) Pandemic in Africa as of March 2021." Statista, Statista Inc., 29 Apr 2021, https://www.statista.com/statistics/1234056/expected-revenue-of-businesses-due-to-covid-19-in-africa-2021/
International Economics, Expected revenue of businesses due to coronavirus (COVID-19) pandemic in Africa as of March 2021 Statista, https://www.statista.com/statistics/1234056/expected-revenue-of-businesses-due-to-covid-19-in-africa-2021/ (last visited November 23, 2024)
Expected revenue of businesses due to coronavirus (COVID-19) pandemic in Africa as of March 2021 [Graph], International Economics, April 29, 2021. [Online]. Available: https://www.statista.com/statistics/1234056/expected-revenue-of-businesses-due-to-covid-19-in-africa-2021/