AfDB Reviews Africa’s Growth Outlook Downward to 4.2% as Middle East Crisis Raises Fresh Inflation Risks - Tekedia

The African Development Bank cut its 2026 Africa growth forecast to 4.2% from 4.4%.

It warned that renewed Middle East tensions are pushing up fuel, fertilizer, and food import costs.

Higher import bills could intensify inflation and strain macroeconomic stability, especially in import-dependent, weak-currency economies.

The outlook highlights growing pressure on Africa’s growth, jobs, and debt burden if energy shocks persist.