Macro Analysis /

Angola hikes key rate by 450bps, Nigeria's fiscal dynamics back in the spotlight

  • Forex: Bank of Angola hikes key rate by 450bps to a record high in order to cool inflation

  • Fixed Income: Nigeria records a debt service to revenue ratio of 98% in the first 5 months of 2021

  • Macroeconomic: Uncertainty over Chinese funding to Kenya has cast a cloud over the pace of economic recovery

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
5 July 2021
Published byETM Analytics


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