Middle East Conflict Poses Risk to Africa - IMF
June 23, 2026IMF Africa chief, Zeine Zeidane. Credit: Ethiopian Monitor. TheInternational Monetary Fund (IMF)’s new Africa chief, Zeine Zeidane, has said conflict in the Middle East is creating new economic. . .
June 23, 2026IMF Africa chief, Zeine Zeidane. Credit: Ethiopian Monitor. TheInternational Monetary Fund (IMF)’s new Africa chief, Zeine Zeidane, has said conflict in the Middle East is creating new economic challenges for sub-Saharan Africa, but insists the IMF remains committed to supporting countries under pressure. Since taking charge of the IMF’s Africa Department in May, Zeidane has made it his main focus to helpAfricancountries address economic challenges. International Monetary Fund (IMF). Credit: Reuters. The IMF has already approved additional financial support for Burkina Faso, The Gambia, and São Tomé and Príncipe. It has also fast-tracked about $200 million in funding for Ethiopia. Zeidane warned that problems affecting trade, energy, and fertiliser supplies could continue for several months. However, he remains hopeful, saying Africa has the potential to become one of the world’s biggest drivers of economicgrowthif its resources and opportunities are fully developed. Deborah Akwa is a content writer with over four years of experience creating brand stories, editorial content, and audience-focused articles on topics like health, lifestyle, and entertainment. When she isn't writing, she is behind the scenes managing editorial operations and helping the content team work better. She loves using words to connect brands with their audiences. Outside of work, she enjoys watching movies and engaging in thought-provoking conversations. Share the StoryInternational Monetary Fund (IMF)Middle East conflictZeine ZeidaneRead more