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Kenya finance bill reflects fiscal consolidation drive

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KENYA

President William Ruto wants to use this bill to increase government revenue to help manage the difficult fiscal situation. However, the bill’s critics warn it may aggravate an…

Third-term bid by Guinea's Conde will widen fractures

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GUINEA

With legislative elections pending since January, current lawmakers’ mandate was controversially extended following a decree by Conde. The opposition and civil society groups…

Gabon's president will overcome internal unrest

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GABON

The ICC visit followed days after the IMF announced the approval of a 642-million-dollar, three-year Extended Fund Facility (EFF), which Bongo hopes will catalyse international…

Corruption will undermine Sierra Leone’s fiscal gains

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SIERRA LEONE

The natural disaster has overshadowed recent developmental gains, including the construction of the country’s first toll road. Despite the approval of a new three-year IMF…

Namibia's Geingob must balance competing priorities

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NAMIBIA

At the SWAPO party congress in late November, Geingob was elected to his first full term as the leader of the ruling party, defeating Minister of Sport, Youth and National Service…

South African monopoly plan faces competing interests

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SOUTH AFRICA

The proposed overhaul, prompted in part by populist sentiment against so-called ‘white monopoly capital’, aims to facilitate competition and open the economy to smaller…

South African Reserve Bank will reaffirm independence

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SOUTH AFRICA

Although the bank has acted on various fronts to support the economy, including a limited bond-buying programme, it continues to resist calls for full-blown quantitative easing…

AGOA exclusion adds to economic pressure on Ethiopia

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ETHIOPIA

This adds to the bad economic news for the country, which recently had to postpone its second telecoms licensing round, is still waiting to restructure its foreign debt and faces…

Somali economic reforms will extend beyond debt relief

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SOMALIA

The programme's successful completion demonstrates the government's ability to deliver on reforms despite a difficult environment and clears the way for debt relief under the…

Prospects for South Africa to end-2023

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PROSPECTS H2 2023

The adverse conditions that drove the rand to record lows in the second quarter of 2023 will likely persist through the remainder of the year, despite 0.4% growth in the first…