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IMF Warns China’s Slowdown Could Hit Africa, Debunks Debt Trap Myth

by Cobus van Staden
Protesters at the IMF and World Bank meetings in Morocco earlier this month. Image: Fadel Senna / AFP

The International Monetary Fund released a set of reports on Africa’s economic outlook and China’s shifting role on the continent. Overall, African economies are slowly rebounding after the double shocks of the pandemic and the Ukraine crisis. However, the IMF warns this recovery is endangered by constrained lending and high inflation and interest rates.

China’s domestic slowdown poses a risk to the continent’s recovery:

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