AfDB cuts Africa’s growth forecast to 4.2% over Iran war

The African Development Bank (AfDB) has reduced Africa’s 2024 economic growth forecast to 4.2% from 4.4% in 2025, citing the 'expected effects' of the Middle East war. The report highlights vulnerabilities like supply chain disruptions and financing challenges, while noting an ongoing Ebola outbreak in DR Congo with over 900 cases. International donors have pledged $500 million to address the health crisis.