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

Head of African Markets @ ETM Analytics

Takudzwa Ndawona

Financial Markets Analyst @ ETM Analytics

5 July 2021

Published byETM Analytics

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