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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.

First seen · 1:46 PM UTCMay 7, 2026

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