Africa

Mozambique’s Choppy Fishing Expedition

Mozambique, downgraded to selective default last year after skipping interest and principal payments, stiffened its creditor renegotiation stance on the ...

Ghana’s Creaky Oil Machine Clang

Ghana stocks continued in a double-digit slump ahead of December elections, where the ruling NDC party with its vast patronage ...

South Africa’s Disguised Anti-Fraud Frown

South African shares and the rand steadied as abuse charges were dropped against Finance Minister Gordhan and President Zuma won ...

Africa’s Capped Goodwill Deposits

As the US research group Freedom House reported that Africa’s number of democratic leaning countries was down to 60 percent, ...

South Africa’s Election Facade Fiddle

South African stocks, up 25 percent on the MSCI Index through July, braced for ruling party ANC setbacks in local ...

Nigeria’s Spine-Tingling Suspension Saga

Nigerian shares were battered through May for a 2 percent loss as they may be removed from the MSCI frontier ...

Mozambique’s Seared Tuna Platter

Lusophone African investors were dismayed by the revelations and terms surrounding Mozambique’s state tuna company for sovereign bond exchange, as ...

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 ...

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