IMF warns Middle East war will slow Africa's growth and lift inflation
The International Monetary Fund has warned that the war in the Middle East is likely to slow economic growth across sub-Saharan Africa and push up living costs again in 2026.In its latest regional outlook, titled Hard-Won Gains Under Pressure, the IMF said growth in sub-Saharan Africa is expected to ease slightly to 4.3% this year, while median inflation is forecast to rise to 5.0% by the end of 2026.The fund said the pressure is being felt through higher food, fuel and fertiliser prices, as well as more difficult transport conditions and weaker tourism.Montford Mlachila, deputy director of the IMF African... [Continue Reading]
360LiveNews | 07 May 2026 15:34 LONDON
