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Home › International › Middle East war will slow down economic growth…

International

Middle East war will slow down economic growth in Africa as cost of living crisis soars, IMF warns

Africa News · Thursday, May 7, 2026 at 14:07 · May 7

Middle East war will slow down economic growth in Africa as cost of living crisis soars, IMF warns

Image: Africa News

📋 Summary 85 words

Middle East war will slow down economic growth in Africa as cost of living crisis soars, IMF warns. According to the IMF's report, regional growth is expected to decline by 0.3 percentage points, and some 20 million people in Africa now face the risk of food insecurity as the Iran war raises energy and food prices. According to Africa News, this story has been making headlines in Kenya. For the full details and latest developments, follow the link below to read the complete article on Africa News.

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