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Central bank moves may check Nigeria's currency fall

Location:

NIGERIA

These aim for tighter CBN control over the parallel market. The CBN is also seeking to stabilise the currency through bond issuances, cryptocurrency crackdowns and other schemes.

Zambia debt impasse exposes flaws in the G20 framework

Location:

ZAMBIA

This brings the three-year attempt to negotiate a debt-restructuring deal to a halt at the last hurdle. The parties must now try to salvage the deal before the end-of-year…

Attracting investment may prove difficult in Nigeria

Location:

NIGERIA

However, these macro-level improvements belie both uneven reform implementation and the worsening economic environment faced by most Nigerians.

New moves may modestly help Nigeria steady the naira

Location:

NIGERIA

Finance Minister Wale Edun on October 23 announced that a major inflow of USD10bn was expected in the coming weeks to ease liquidity in the foreign exchange market. The…

Chad's flawed polls may bring little foreign criticism

Location:

CHAD

Preliminary official results, announced on May 9, gave President Mahamat Idriss Deby nearly 61% of the vote while his main competitor, Prime Minister Succes Masra came in second…

UAE-Zambia deal signals new interest in African mining

Location:

UAE/ZAMBIA

Many observers had anticipated a Chinese takeover, as attention has generally been focused on perceived Chinese dominance in the region’s mining industry. However, this deal makes…

Zambia edges towards a resolution of its debt crisis

Location:

ZAMBIA

The deal also appears to have satisfied official creditors, which had blocked an earlier deal on the basis that it granted bondholders more favourable terms than official…

Western outreach to CAR may face hurdles

Location:

CAR

His arrest reflects growing authoritarianism within Faustin-Archange Touadera’s government. This contrasts with an improving security situation and government efforts to thaw…

South Africa faces fiscal reform challenges

Location:

SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.

Ethiopia restructuring puts bondholders under pressure

Location:

ETHIOPIA

Although a 14-day grace period to make the payment or agree a payment suspension has yet to expire, there is now a high risk that a default is imminent.