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Home » African economies bounce back as energy prices tumble, PMIs show
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African economies bounce back as energy prices tumble, PMIs show

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Oil prices have dropped about a fifth to below $72 per barrel since the US and Iran agreed on an interim peace deal.
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African economies from South Africa to Kenya bounced back in June and may get a further boost in coming months as the economic toll of the Iran conflict dissipates.

Gauges measuring private-sector sentiment rose in five of six African economies tracked by S&P Global, according to data released this week.

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