Former President John Dramani Mahama has cautioned that escalating conflict in the Middle East could have serious economic and security consequences for African nations. Speaking on the growing tensions involving Israel and the United States, Mahama stressed that Africa often bears indirect costs from global wars despite not being directly involved.
He warned that a prolonged crisis could disrupt global oil supplies, drive up fuel prices, and increase the cost of food and essential imports across the continent. Many African economies, already dealing with debt pressures and inflation, could face further strain if global markets become unstable. Rising shipping and insurance costs could also impact trade routes critical to African exports and imports.
Mahama urged African leaders to prioritize diplomatic engagement and regional unity to shield their economies from external shocks. He emphasized the need for stronger intra-African trade under continental frameworks and called for strategic investments in energy and food security to reduce dependence on volatile global supply chains.