Africa
Trade uncertainty could worsen global economic challenges, IMF warns

Disruptions to global supply chains caused by the uncertainty surrounding tariff hikes and trade tensions could worsen an already complex economic landscape, according to Pierre-Olivier Gourinchas, chief economist of the International Monetary Fund (IMF).
His remarks followed the IMF’s latest downgrade of its global economic growth projections, unveiled in the World Economic Outlook report released on Tuesday.
The IMF now forecasts global growth at 2.8 percent for 2025, a sharp 0.5 percentage points reduction from its January estimate, with a further slowdown to 3 percent projected for 2026.
This downward revision follows the United States’ announcement of sweeping “reciprocal tariffs” on April 2, which has driven global tariff rates to their highest levels in a century, creating what the report describes as “a major negative shock” to global economic growth.
Advanced economies face particular headwinds, with collective growth expected at just 1.4 percent in 2025 and 1.5 percent in 2026. The United States saw the most dramatic revision — its 2025 outlook slashed by 0.9 points to 1.8 percent due to mounting policy uncertainty, intensifying trade tensions, and softening domestic demand.
“As you have this uncertainty about tariffs and trade relations, some of these frictions could get amplified along the supply chains. You don’t know if your suppliers are going to be there. You don’t know if your customers are going to be there. The supply chain may have to be reoriented. That injects another layer of uncertainty to a situation that’s already quite complex,” said Gourinchas.
The report warns that if trade tensions escalate further, global growth could face an even steeper decline and trigger significant volatility in financial markets.
The IMF calls on countries to enhance dialogue, stabilize trade policies, and maintain the independence of monetary policies to strengthen global economic resilience and prevent the buildup of risks that could lead to uncontrollable situations.
Africa
Emmanuel Macron starts two-day visit to Madagascar

President Emmanuel Macron arrived in Madagascar on Wednesday for a two-day visit aimed at reinforcing France’s presence in the Indian Ocean.
Macron isis the first French president to visit the former colony since Jacques Chirac in 2005.
As France loses its influence in the Sahel, its leaders have been turning to east and southern Africa to strengthen ties.
Madagascar with a population of 30 million is an important French-speaking country .
Uncomfortable topics
Macron’s intinerary includes a meeting with his counterpart Andry Rajoelina, followed by agreement signings and meetings with business leaders.
Some uncomfortable discussions are also expected to take place between Macron and his host.
Antananarivo claims the resource-rich Scattered Islands which remained under French control after independence. The French presidency said that that the issue would be ‘discussed’ during the visit.
A section of the Malagasy public want Paris to surrender the islands, something France has been reluctant to do.
President Macron has however pledged to support the return of cultural artifacts stolen from the island country.
Africa
Italy launches security plan ahead of pope’s funeral
Italy launched its security plan Wednesday with hundreds of foreign delegations expected at the Vatican Saturday for Pope Francis’s funeral.
Police are patrolling the streets around the Vatican – also using drones – as well as underground stations and the stretch of the Tiber river near Via Conciliazione, the main street leading to St. Peter’s Square, which is crowded with all the pilgrims who are on their way to see Pope Francis’ body and pay their respects.
The body of Pope Francis was moved Wednesday morning to St. Peter’s Basilica for three days of public mourning for an Argentine pontiff remembered for his humble style, concern for the poor and insistent prayers for peace.
The public viewing is largely for ordinary Catholics to grieve the 88-year-old pope, who died Monday after suffering a stroke.
The basilica will be kept open until midnight on Wednesday and Thursday to allow the faithful to mourn. The public mourning period will end on Friday at 7 p.m. local time.
Cardinals met at the Vatican on Tuesday to schedule Francis’ funeral and burial, plan the conclave to elect his successor and make other decisions about running the Catholic Church.
Africa
Egypt FM Abdelatty: Egypt is making “continuous, genuine and non-stop efforts” for ceasefire in Gaza

Egypt’s foreign minister Badr Abdelatty said Tuesday that his country is exerting “continuous, genuine and non-stop efforts” to return to a ceasefire in the Gaza Strip. His statement came after meeting his Lebanese counterpart Youssef Rajji in Cairo. Rajji said that the international community should place more pressure on Israel to withdraw from southern Lebanon.
“I emphasized from my side the continuous, genuine and non-stop efforts in cooperation with Qatar and in coordination with the United States to return to the (Gaza) ceasefire deal that was signed on 19 January, and to work on stopping the bloodshed of the brother Palestinian people in the Gaza Strip,” Abdelatty said.
Israel’s air and ground war has killed over 51,000 Palestinians, mostly women and children, according to the Gaza Health Ministry, which does not say how many of the dead were civilians or combatants.
Israel says it has killed around 20,000 militants, without providing evidence.
The war began when Hamas-led militants attacked southern Israel on Oct. 7, 2023, killing some 1,200 people, mostly civilians, and taking 251 people hostage.
They are still holding 59 hostages, 24 of whom are believed to be alive.
Hamas has said it will only free the remaining hostages in return for the release of Palestinian prisoners, a full Israeli withdrawal and a lasting ceasefire.
According to Israeli statements, the country will keep fighting until the hostages are returned and Hamas has been either destroyed or disarmed and sent into exile. It has pledged to hold onto so-called security zones in Gaza indefinitely.
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