Macro Analysis /

Angolan assets supported by prudent fiscal policy and buoyant oil prices

  • Forex: Positive real rates continue to offer support to the Mozambican Metical

  • Fixed Income: Angola shows that it is committed to returning to a path of sustainable debt

  • Macroeconomic: Kenya plans to raise $1bn next year to decrease reliance on imported crude

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
10 November 2021
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