The Egyptian carry trade has been among the largest consensus trades of the past 12 months. After falling in recent years, gross public debt is projected to have increased from 84.2% of GDP in 201819 to 90.2% in 2019/20 and further to 93% in 2020/21 ...

We have written before on the potential inflationary impact on commodity prices, eg the 1.4mbpd of blocked northbound crude transit is 40% larger than the unilateral Saudi output in January which sparked this year's rally in oil prices. Geopolitical ...

The thought of a grounded container ship blocking the northbound lane of the Suez Canal evokes memories of the scene in Austin Powers when he is frantically trying to turn his buggy around in an impossibly tight space, and the picture of a minuscule ...

Nigeria is the clear leader in funding flows, and four out of the top five deals last year were there. Other African fintech start-ups that attracted strong investor interest in 2020 include ProfitShare Partners (South Africa, lending), Moneyfellows ...

We identify four high-quality names that are likely to see a bounce-back in performance, and that are still trading at discounted multiples. We also identify four banks that have rallied hard and are now pricing in structural improvements in performa...

In this report, we examine last year’s start-up funding trends, with a focus on the fintech sector. By country, Nigeria was the top African market for start-up fintech funding in 2020; its fintechs attracted US$89mn (56% of total) over 37 deals (37% ...