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Trump’s tough trade policies to stall growth of Africa states

AfDB’s outgoing President, Akinwumi Adesina, calls for negotiations

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by VICTOR AMADALA

Business23 May 2025 - 07:20
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African Development Bank President, Akinwumi Adesina / HANDOUT

Africa risks high inflation and debt servicing costs in the wake of a tough tariff regime by the US, outgoing president of the African Development Bank (AfDB), Akinwumi Adesina, has warned.

Speaking during an interview on CNN, Adesina said that the move by President Donald Trump could likely weaken regional currencies, triggering “significant economic disruptions across Africa.”

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