Africa News
International · 1 hrs ago
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Middle East war will slow down economic growth in Africa as cost of living crisis soars, IMF warns
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The IMF warns that Middle East tensions are expected to slow African economic growth by 0.3 percentage points and increase food insecurity risks for approximately 20 million people across the continent due to rising energy and food prices.
Middle East war will slow down economic growth in Africa as cost of living crisis soars, IMF warns
According to the IMF's report, regional growth is expected to decline by 0.3 percentage points, and some 20 million people in Africa now face the risk of food insecurity as the Iran war raises energy and food prices.
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