Macro Analysis /

Economic conditions in Sub-Saharan Africa deteriorate in July

  • Forex: Deepening negative real rate another headwind for the Ethiopian Birr

  • Fixed Income: African bond recovery expected to persist despite the repricing of rate hike bets in the US

  • Macroeconomic: Sub-Saharan African PMIs mostly fall in July, SA’s PMI plunges amid deadly looting

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
5 August 2021
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