Egypt: More asset sales
EGYPT: The Egyptian government is offering a 30 percent stake in state-owned plastics manufacturer Alamal Alsharif Plastics to a single...
Africa: Chinese lending to Africa falls
AFRICA: Chinese sovereign lending to Africa fell below US$1.0 billion last year — the lowest level in nearly two decades,...
Ratings: Benin maintains rating; Ethiopia downgraded
RATINGS: On 18 September, Benin was affirmed the B1 rating by Moody’s with a stable outlook. The affirmation was driven by...
Morocco: IMF and World Bank talks to take place
MOROCCO: On Monday, the International Monetary Fund, World Bank and Morocco, in a joint statement, announced that the annual meetings...
Kenya: Authorities expect the budget deficit to widen to 5.4% of GDP
KENYA: The draft Budget Review and Outlook Paper for 2023 was published by Kenyan authorities on 15 September. Key to...
Egypt: Trade deficit narrows in June
EGYPT: Egypt’s trade deficit narrowed by 47 percent y/y to US$2.32 billion in June, driven by plunging imports outweighing falling...
Ghana: Finance Minister comments on eurobond timelines
GHANA: As talks drag on with bilateral creditors, Ghana has shifted its eurobond revamp timeline. On Friday, Finance Minister Ken...
Egypt: Further delays to IMF review
EGYPT: An Egyptian lawmaker has revealed that the first review by the International Monetary Fund (IMF) of Egypt’s economic reform...
Côte d’Ivoire: Council of Ministers adopts reforms on taxes
Côte d'Ivoire: On 13 September, the Council of Ministers adopted draft laws and ordinances impacting various sectors of public services....
Nigeria: Headline inflation at multi-year high
NIGERIA: Headline inflation rose to a multi-year high of 25.8 percent y/y in August, 1.7ppt higher than the July print...
