Macro Analysis /

BancTrust & Co. Africa Daily Comments 25 May 2023

Nigeria: Real GDP growth slows to 2.3% y-o-y, CBN hikes policy rate by 50bps to 18.5%
Kenya: National Oil Company unable to import fuel as commercial lenders’ freeze credit
Rwanda: IMF executive board completes first review under programme, USD99mn to be disbursed

Ayodeji Dawodu

Analyst @ BancTrust & Co.

Ramiro Blazquez

Head of Research and Strategy @ BancTrust & Co.

25 May 2023

Published byBancTrust & Co.

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