With the NGN still under fire, there finally seems to be some momentum for FX liberalisation. Based on the current Brent oil price (US$85/bbl) and refinery margin (US$10.84/bbl), and assuming an FX-denominated freight, storage and landing cost of 10%...

Improved risk sentiment has seen the USD come under some pressure. Uganda: Permanent Secretary for Ministry of Finance and Treasury Ramathan Ggoobi said that GDP growth is forecast to accelerate from 3.4% in 2020/21 to 3.8% in 2021/2022. Against this...

Fintechs dominate the African tech start-up space – the continent has five tech unicorns and all of them are fintechs. These metrics highlight the difficulties faced by ordinary Nigerians in accessing basic financial services. Nigeria's technological...

The USD has come under some pressure following much weaker than expected data that was released yesterday. Levels this high were last seen in 1994 and it shows a severe tightness in the market. Ghana: Speaking at the Ghana Economic Forum, Bank of Gha...

After retreating towards the back end of last week to end the week on the defensive, the USD appears to have found a firmer footing this morning, although underlying momentum is still lacking. Strong earnings results and a strong US retail sales repo...

To answer these questions, we surveyed 900 individuals across 14 emerging markets... Two-thirds of our respondents access social media at least daily; very few emerging market adults are not plugged into their social media accounts. Indonesia: Ride-h...