EconomyAfrican economies remain resilient despite Iran conflict shocks: IMF

The IMF says African economies have weathered the energy crisis linked to the Iran conflict, but falling foreign aid could leave them less able to handle future shocks. It forecasts growth of 4.5% this year and 5% in 2027, while development assistance is expected to drop 12% this year. Demand for critical minerals, reforms and AI adoption could support growth.

African economyIMFforeign aideconomic growth

CCGTN★★★☆☆2026-10-16 13:49Original