IMF Pledges Help as Africa Takes Collateral Damage in Trade War

African economic growth will be slower than forecast due to President Donald Trump’s trade war and his freeze on US aid, the International Monetary Fund said, as it pledged to support countries in need.

The Washington-based lender trimmed its growth forecast for sub-Saharan Africa to 3.8% in 2025 and 4.2% in 2026, a downward revision of 0.4 percentage point and 0.2 percentage point respectively, in its regional economic outlook released on Friday.