01-April-2026
Economy News
 
AfDB Says Africa's Growth Risks Were Tilted to Downside Even Before Iran Conflict
31-Mar-2026

The shock of the Middle Eastern conflict to the African economy could be modest, the African Development Bank said on Monday, although it worsens an outlook already weakened by debt burdens, shrinking aid and global instability. Chief Economist Kevin Urama estimated that growth could fall by about 0.2 percentage points provided the war does not last longer than three months.

News Source:- https://money.usnews.com/investing/news/articles/2026-03-30/afdb-says-africas-growth-risks-were-tilted-to-downside-even-before-iran-conflict
 
 
 

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