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Nigerian border reopening would offer some respite

Location:

NIGERIA

Nigeria’s land borders have been closed since August 2019, officially to check indiscriminate smuggling of goods into the country. The closures have been blamed in part for rising…

Ghana’s Akufo-Addo faces economic diplomacy challenges

Location:

GHANA

However, the success of Akufo-Addo's second term could depend in large part upon effective economic diplomacy with regional and international trade partners now the African…

Nigeria faces widening inequality and poverty crises

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NIGERIA

With the economy expected to contract by at least 5.4% this year, government measures to cushion the effects of the crisis are unlikely to be enough to stem worsening hardship for…

West African cocoa farmers face price disappointment

Location:

WEST AFRICA

However, with COVID-19-related disruptions weakening chocolate demand, and expectations for another tumble in cocoa’s world market price, the Ivorian Coffee and Cocoa Board (CCC…

Further devaluation of Nigeria’s naira is likely

Location:

NIGERIA

This is the second devaluation of the naira in less than six months on the official foreign exchange (forex) market. The CBN has previously staved off a devaluation despite the…

Ghana's government will struggle to satisfy voters

Location:

GHANA

The Ghanaian government's challenges

Ghanaian cocoa prices point to LID implementation

Location:

GHANA

The price bump comes amid a push by Ghana and Ivory Coast, the world's two largest producers, for cocoa buyers to pay a Living Income Differential (LID) of USD400 per metric…

South Sudan may struggle to attract oil investment

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SOUTH SUDAN

Crude oil is central to South Sudan’s economy, providing between 80% and 90% of government revenue and almost all export earnings. Last year’s oil price shock hit the economy hard…

Kenyan infrastructure gains will mask slippage risks

Location:

KENYA

Kenyan fiscal pressures.