Macro Analysis /
Global

Near term outlook for African bonds is gloomy as inflation pressures build

  • Ghanaian cedi plunges to its weakest level on record

  • Fixed Income: Inflation pressures in Africa continue to build, underpinning a broad-based bear flattening bias

  • Macroeconomic: African oil-producing countries are not taking full advantage of the high oil prices

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
1 July 2022
Published byETM Analytics

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