- Oil, shipping disruptions threaten Africa’s fragile economic recovery.
- Commodity exporters gain as fuel-importing economies face inflation shock.
A war thousands of kilometres away in the Persian Gulf is sending shockwaves through African economies, exposing the continent’s deep vulnerability to global energy markets and trade routes.
For investors watching frontier and emerging markets, the escalating conflict involving Iran and Gulf states is shaping up to be more than a geopolitical crisis. It could become the next macroeconomic stress test for Africa’s fragile recovery from inflation, debt restructuring and currency volatility.
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