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South African lockdown easing should reduce hardship

Location:

SOUTH AFRICA

The re-opening comes despite an infection rate that is expected to peak only later this year.

Lebanese government will likely limp toward reform

Location:

LEBANON

The cabinet held its first meeting on February 2, ending 254 days of political deadlock that threatened to bring down the economy.

Debt deal improves the outlook for Zambia

Location:

ZAMBIA

Separately, it says it has now also opened talks with private bondholders to try to reach a similar understanding over USD3bn in dollar-denominated bonds.

Mozambique party politics may trump national interest

Location:

MOZAMBIQUE

There is broad consensus that security sector reform is necessary, but lingering concern that the government lacks a coherent plan, and will end up being distracted by other…

Ghana debt problems could mount without IMF extension

Location:

GHANA

GHANA: Debt problems could mount without IMF extension

South African budget prompts cheer and wider divisions

Location:

SOUTH AFRICA

However, cuts to the social grants budget and a continued focus on the planned three-year wage freeze for civil servants has annoyed (among others) the ruling ANC's ‘Tripartite…

Tunisia's economic challenges show no sign of abating

Location:

TUNISIA

The economic situation is challenging: unemployment was 16.4% in the fourth quarter of 2023, and work and business opportunities are limited. The government has avoided a debt…

Kenya’s IMF programme will help close financing gap

Location:

KENYA

Facing a worsening fiscal situation amid the COVID-19 pandemic but reluctant to participate in G20 debt restructuring, Kenya arguably had few other options than to apply for new…

Kenya’s president will aim for fiscal consolidation

Location:

KENYA

Nairobi cancelled a bond sale last year; it has 17 months to rebuild its credibility with investors before seeking to refinance a USD2bn Eurobond.

Ethiopia’s conflict clouds the economic outlook

Location:

ETHIOPIA

Both are desperately needed, as G20 debt service relief will soon expire, and as the conflict in northern Ethiopia increasingly strains the economy and the government’s finances.