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IMF Says African Economies Performing Well Despite Shocks From the Iran War

The IMF says African economies are holding up, but aid is set to fall 12% this year and conflict is limiting resilience.

  • African economies have weathered the energy crisis linked to the Iran war relatively well, according to the International Monetary Fund’s Africa department chief.
  • The IMF forecasts African economic growth of 4.5% this year, rising to 5% in 2027.
  • Development assistance fell sharply last year and is expected to drop another 12% this year, Zeine Zeidane said.
  • African economies remain vulnerable to another shock, while reforms and higher critical-mineral prices are strengthening some economies.
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Santa Maria TimesSanta Maria Times
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BANGKOK (AP) — African economies have managed to weather the energy crisis caused by the war with Iran, but a drop in aid has made the continent vulnerable to future shocks, said Thursday the head of...

·Calhoun, United States
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The Toronto StarThe Toronto Star
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IMF says African economies performing well despite shocks from the Iran war

BANGKOK (AP) — African economies have managed to weather fairly well the energy crisis brought on by the Iran war, but a decline in aid has left the continent vulnerable

·Toronto, Canada
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Owensboro Messenger-Inquirer broke the news on Thursday, October 15, 2026.
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