IMF director says Iran war fallout creating 'difficult moment' for Africa (opens in new tab)

"We are now in a difficult moment for the region, in particular after the war in the Middle East," Zeine Zeidane told reporters at the IMF's headquarters in Washington. "Even though there is a ceasefire today, we know that the disruption will take time to be resolved," he said. The Fund has in recent weeks ramped up its programs for African countries hit by high energy and fertilizer prices caused by the war. Zeidane, who previously served as the IMF's deputy director for the Middle East and ...