African economic losses from Hormuz: Quantifying the Multi-Billion Dollar Maritime Shock JOHANNESBURG – As the naval blockade in the Persian Gulf enters its seventh week, the structural integrity of African fiscal budgets is reaching a breaking point. On April 15, 2026, the International Monetary Fund (IMF) revised its growth forecast for Sub-Saharan Africa downward by … Continue reading African economic losses from Hormuz: Quantifying the Multi-Billion Dollar Maritime Shock