in Short

Growth : IMF lowers Africa’s forecast to 3.9% due to Trump’s tariffs

On April 16, 2025, the IMF downgraded its growth forecast for Africa from 4.2% to 3.9%, a $45 billion loss. This revision is due to global tariffs imposed by Donald Trump, threatening access to the US market and negatively affecting African exports, especially under AGOA. The IMF praised ongoing reforms but highlighted persistent challenges.

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