15-March-2026
Economy News
 
Africa Policymakers Warn Iran Oil Shock Will Hit Key Sectors, Halt Monetary Easing
14-Mar-2026

African officials have warned that the sharp rise in oil prices due to the conflict in Iran will challenge monetary policymaking and could hit productivity in key sectors like mining, putting the continent's ongoing economic recovery in peril. Central banks from Accra to Luanda have been cutting lending rates in recent months on the back of falling inflation and stable foreign exchange rates, and to spur their economies.

News Source:- https://money.usnews.com/investing/news/articles/2026-03-13/africa-policymakers-warn-iran-oil-shock-will-hit-key-sectors-halt-monetary-easing
 
 
 

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