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IMF Says African Economies Performing Well Despite Shocks From the Iran War
- 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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16 Articles
16 Articles
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 Star+13 Reposted by 13 other sources
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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IMF says African economies performing well despite shocks from the Ira
Guinea Finance Minister Mariama Sylla speaks at African Finance Ministers news conference during the annual meetings of the International Monetary Fund and the World Bank Group in Bangkok, Thailand, Thursday, Oct. 15, 2026. (AP Photo/Sakchai Lalit)
·Baltimore, United States
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Total News Sources16
Leaning Left8Leaning Right1Center7Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 44%
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