afcfta Archives - Now In Africa

Africa Faces Sharp Economic Slowdown as Middle East War Drags On, Report Warns

A new economic report has sounded a stark alarm for Africa: the continent faces the risk of a sharper-than-expected growth slowdown in 2026 if the ongoing Middle East conflict — centred on Iran-Israel-US tensions — continues to escalate. The warning comes as global energy markets remain on edge, with the Strait of Hormuz effectively disrupted […]

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Gulf Crisis Ripple Effects: How the Middle East War Is Shaking African Economies

The Gulf Crisis and Its Ripple Effects on African Economies As the war in the Middle East continues to disrupt one of the world’s most critical oil shipping corridors, African nations are counting the cost — and in some unexpected corners, discovering opportunity. The Strait of Hormuz handles approximately 20% of global oil exports and