Africa

Sub-Sahara Bonds’ Reluctant Candidates

Despite the launch of tracking indices and donor and legislative authorization, new African sovereign external debt issuers remain on the ...

South Africa’s Mooted Mandela Moment

South African shares pared their double-digit gain on anxiety over a weekend “nationally important” announcement inviting rumors of new capital ...

Kenya’s Pesky Performance Indictments

Kenyan shares seeking to break from 2011’s abysmal African frontier showing were again trounced by Hague tribunal indictments of Finance ...

Nigeria’s Subsiding Subsidy Subordination

Nigerian stocks shook off 2011’s lethargy of a near 20 percent MSCI drop as the government proposed elimination of $8 ...

Africa’s Creaky Fragile Poll Apparatus

Thinly-traded secondary loans for Liberia and the Democratic Republic of Congo were buffeted by disputed presidential elections extending incumbents’ tenure ...

South Africa’s Durban Grievance Airing

South Africa’s post-Kyoto climate change gathering in Durban reflected a mood of recrimination both between and within developed and developing ...

Cote D’Ivoire’s Default Remedy Dalliance

Cote d’Ivoire external bonds rose above 50 as the IMF resumed a $600 million credit facility with one-fifth the amount ...

Frontier Africa’s Wilderness Trek Trails

Sub-Saharan markets continued their drag on the MSCI Frontier Index with Kenya off 40 percent in dollar terms at the ...

South Africa’s Dangling Discipline Dodges

South African shares doubled yearly losses to 25 percent on slumping growth and fiscal signals and the “trial” of firebrand ...

East Africa’s Ignited Inflation Sparks

The Kenyan shilling fell to a record low 90/dollar as food prices jumped 20 percent and Ugandan regime opponents and ...

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