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IMF warns Middle East instability could have lasting impact on Africa
The IMF warns that instability in the Middle East, caused by the US-Israeli war on Iran, could have lasting economic impacts on Africa, particularly affecting food security and agricultural costs. IMF's new Africa director, Zeine Zeidane, stated that disruptions in fertilizer exports may take six to seven months to resolve.
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- The Coming Food Crisis in South Asia
- Fertiglobe warns of war’s long-term impact on food prices
- World faces food ‘catastrophe’ if Strait of Hormuz disruption persists: FAO
- Iran War Drives Africa’s Fertilizer Crisis
- IMF director says Iran war fallout creating 'difficult moment' for Africa
- Fertilizer Makers See Earnings Windfall as War Disrupts Supplies