African economic growth threatened as oil prices surge
An expert says most African countries have fuel reserves for just 15 to 25 days, compared to the International Energy Agency standard of 90 days.
Key context
- Source
- Africanews — established analytical coverage
- Scope
- Sub-Saharan Africa · ZA
- Theme
- Growth, Trade
- Signals
- GDP prints, PMI surveys
Why it matters
Developments around international energy agency could carry modest economic repercussions if underlying trends persist. The scale of transmission will depend on the duration and scope of the dynamics at play.
GrowthTradeFiscalMarketsZA
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