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.
20 Articles
20 Articles
African economies remain resilient despite Iran conflict shocks: IMF
African economies have remained resilient amid the energy crisis triggered by the Iran conflict, but declining foreign aid leaves the continent vulnerable to future shocks, the International Monetary Fund (IMF) said Thursday.
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...
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
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)
African economies face fresh risks as development aid declines, IMF warns - Rwanda Dispatch
African economies have maintained growth despite disruptions linked to the Iran war, but falling development assistance is leaving the continent with less room to withstand future shocks, the International Monetary Fund (IMF) has warned. Zeine Zeidane, director of the IMF’s African Department, said Thursday that economic growth across Africa was projected at 4.5% in 2026, […] The post African economies face fresh risks as development aid decline…
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