The International Monetary Fund (IMF) has disclosed that China’s declining growth is expected to impact Nigeria’s economic growth by 0.5 percentage points on average.

As China is a major trading partner for sub-Saharan Africa, its slowdown in growth, driven by a property downturn and reduced global demand for manufactured goods, could particularly affect oil-exporting countries like Angola and Nigeria.

The IMF suggests that sub-Saharan African countries need to adapt to China’s slowing economy by building resilience through increased intra-African trade, tax policy reforms, and efforts to diversify their economies.