Ghana: Domestic debt exchange closes
Ghana exchanged about US$4.0 billion worth of domestic debt, taking another step towards broadly restructuring its debt and its obligations...
Egypt/Ethiopia: Lack of tangible agreement on GERD
Egypt/Ethiopia: Negotiations regarding the Grand Ethiopian Renaissance Dam (GERD) concluded in Cairo on 28 August without reaching any tangible change...
Uganda: Construction of EACOP pipeline on track for 1Q24
Uganda: The construction of the EACOP pipeline is slated to start in 1Q24. The deputy managing commissioner of the East...
Zimbabwe: President Mnangagwa declared the victor
Zimbabwe: President Emmerson Mnangagwa won another five-year term in the elections held last week. According to the constitution, this will...
Kenya: S&P retains rating at B/B – outlook is still negative
Kenya: On 25 August, S&P Global Ratings affirmed Kenya's B/B long- and short-term foreign- and local-currency credit ratings while keeping...
Côte d’Ivoire: ENI starts production at Baleine
Côte d'Ivoire: Minister of Mines Petroleum and Energy, Mamadou Sangofowa Coulibaly, has announced that Italy’s Eni SpA has started production...
Nigerian economy grew by 2.5% in Q2
The Nigerian economy grew by 2.5 percent y/y in 2Q23, lower than the 3.5 percent y/y recorded in 1Q22 and...
23 countries apply for BRICS membership
The BRICS economic coalition of emerging markets, consisting of Brazil, Russia, India, China and South Africa, plans to expand its...
Gabon readies for the polls
GABON: Incumbent President Ali Bongo Ondimba (64) is seeking a third term in power as Gabon goes to the polls...
Bank of Botswana leaves the policy rate on hold
At the conclusion of its Monetary Policy Committee (MPC) meeting on 24 August, the Bank of Botswana (BoB) left the...
