Africa

South Africa’s Ship Captain Capsize

South African bonds and stocks ended 2015 with MSCI and EMBI losses, with President Zuma’s serial Finance Minister reshuffle upsetting ...

Africa’s Cratered Debt Landscape

The IMF and World Bank issued an inaugural report on African and other low-income economy debt vulnerability after official cancellation ...

Nigeria’s Copious Currency Complaints

Nigerian stocks sold off to extend a double-digit MSCI loss and the parallel naira market spiked as President Buhari tapped ...

Ghana’s Unguaranteed Attitude Adjustment

Ghanaian shares and the currency were down over 20 percent as a $1 billion sovereign bond return was prepared with ...

South Africa’s Unreserved Rescue Criticism

South Africa’s Reserve Bank refused to step in as the rand tumbled to 14/dollar and the MSCI stock market gauge ...

Power Africa’s Potent Circuit Breakers

President Obama received his Nigerian counterpart Buhari in Washington and will visit Kenya, another initial country target for the 2-year ...

Ghana’s Overflowing Spending Spigots

Ghanaian bonds and stocks reeled from massive flooding which resulted in deaths from a facility explosion in Accra along with ...

Nigeria’s Strongman Subsidy Contest

Nigeria’s MSCI stock market index pared its loss to 5 percent and Eurobond yields dipped almost 300 basis points to ...

African Sovereign Bonds’ Devious Development

As Sub-Saharan sovereign issuers again line up after commodity and Ebola scares for initial and repeat market taps, the UK’s ...

South Africa’s Shirked Load Shedding

South African shares tried to stay positive as state power company Eskom’s rolling blackouts were due to shave already meager ...

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