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South Sudan may struggle to attract oil investment

Location:

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…

Kenya’s president will aim for fiscal consolidation

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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.

Kenya’s IMF programme will help close financing gap

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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…

Somalia faces long road to economic reconstruction

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SOMALIA

Despite the government’s genuine efforts to implement policy reforms, low to non-existent institutional capacity will continue to impede the emergence of a more formalised…

Kenya’s fuel subsidy shift may misfire

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KENYA

KENYA: Fuel subsidy shift may misfire

African central banks face growing political pressures

Location:

AFRICA

The move confirms long-held suspicions that the BoZ is subject to considerable political interference, which has increased as COVID-19 exacerbates the economic pressure on the…

Politics will dictate Sudan’s economic outlook

Location:

SUDAN

The dialogue explicitly aims to assist Sudan’s military rulers and political forces to agree on reviving the transition to democracy. It is also critical to the economic outlook…

Prospects for Africa in the third quarter

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PROSPECTS Q3 2015

Prospects for Africa in the third quarter.

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.

South Sudan faces a bleak development outlook

Location:

SOUTH SUDAN

A 2018 peace agreement was meant to provide space for economic reform and recovery, but it has failed to deliver this. Moreover, the outlook for improvement remains poor.