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IMF Sees Requests From Africa Rising as Trump's Policies Bite

IMF Sees Requests From Africa Rising as Trump's Policies Bite

Bloomberg08-04-2025
The International Monetary Fund is anticipating an increase in funding support requests from Africa as US President Donald Trump's tariffs and aid cuts reduce options.
'We live in a shock-prone world,' Abebe Aemro Selassie, director of the African Department of the Washington-based lender, told reporters Tuesday in Senegal's capital, Dakar. 'The poorest and least resilient countries are increasingly turning to institutions like ours. I don't rule out' more African countries seeking support, he said.
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