Trade war, monetary policy and China threaten Africa's growth



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"There are three main risks to the economic growth we envision for Africa, which are a brutal slowdown in China, the possibility that the trade war between the United States and other economies became real and sustained and "

In an interview with Lusa at the African Bank's annual meetings for Exports and Imports (Afreximbank), Fofack explained that the deterioration of trade relations between the largest l & # 39; global and other economies "may affect global demand and African growth, coupled with the less restrictive monetary policy of the US Federal Reserve and the possibility for the European Central Bank to end the policy of stimulating the He added that this could accelerate the rise in interest rates and increase financing costs, he added. not only for sovereign creditors looking for financing in international markets but also for companies seeking international funding. "

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