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Inflation risk

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Rising oil prices boost African exports and challenge importers amid economic shifts.

Rising Oil Prices Test African Importers, Boost Exporters

Rising oil prices are widening economic divergence across Africa, increasing cost pressures for fuel-importing countries while strengthening fiscal balances in oil exporters such as Nigeria and Angola. Escalating tensions in the Middle East and renewed risks to shipping through the Strait of Hormuz, which carries nearly one-fifth of global crude supply, have tightened energy markets […]

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