Moody's says tariffs may hit African banks through China slowdown

Moody's says tariffs may hit African banks through China slowdown

The International Monetary Fund cut its China growth forecast to 4% for 2025 and 2026, warning that weaker demand would ripple through commodity exporters

Moody’s warns China slowdown may hit African bank revenues

African banks may face mounting pressure as U.S. tariffs on China threaten to slow one of their key trading partners. While sub-Saharan lenders are not directly targeted by the tariffs, Moody’s Ratings warns of “second-round effects” likely to impact financial stability. China’s cooling economy could spell trouble for African commodity exporters, reducing both demand and prices for minerals and oil. “When miners and oil firms ship less or earn l…