Skip to main content
Bloomberg

Iran War Boosts Oil, Lifts Nigeria as Africa 'Gets Lucky'

Watch on Grafa TV
Share

Nigeria is emerging as a beneficiary of the Iran war, with higher oil prices boosting export revenues. Speaking to Bloomberg's Jennifer Zabasajja, Citi Senior Africa Economist David Cowan said Africa has "got lucky" with elevated commodity prices and already-planted crops help cushion the continent from broader global disruptions.