African Economies Show Resilience Despite Rising Global Tensions

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African economies show resilience despite rising global tensions

Bunmi Bailey | Editor’s picks | Apr 22, 2026

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Africa’s private sector activity showed renewed signs of strength in the first quarter of 2026, with more economies recording expansion despite rising global uncertainty triggered by the United States–Israel–Iran conflict, a BusinessDay analysis of the latest Purchasing Managers’ Index (PMI) data from S&P Global shows.

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