Economic growth in Southern Africa set to weaken in 2026
“The Eastern Africa region has to continue to trail as the best-performing region of the continent, and the Middle East crisis has an impact on this region because the growth rate is projected to slow from 6.
The AFDB 2026 Southern Africa Economic Outlook warns that the Middle East conflict is likely to slow regional growth through higher oil prices, trade disruptions and tighter global financial conditions.
The Vice-president of the African Development Bank, Kevin Urama, explains that the higher oil and metal prices emanating from the Middle East crisis are not translating directly to growth in these regions because of their infrastructure investments and unexpected structural challenges in production.
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