Rwanda

BancTrust & Co. Africa Daily Comments 21 September 2023

Naira plunges in the parallel market, Egypt to launch $5bn worth of projects

Uganda likely to increase debt, Rwanda’s GDP growth decelerated in Q2

Tight global fuel supplies pose a risk to transport costs in East Africa

Kenya’s PMI for August moves into expansionary territory

East African trade deficits widen despite cheaper exports from the region

World Bank decision in Uganda sparks inconsistency fears about funding

Apakan Fixed Income & Currency Weekly

CBE reappoints governor Abdalla, Uganda to conduct Treasury bond switch auctions

Frontier Daily, 16 August: China growth woes, HY-led sell-off, Nigeria losses

Rising global food prices causing concerns, all eyes on monetary policy

Increasing fiscal risks weigh on Ethiopian Eurobonds

S&P upgrades Nigeria’s credit rating outlook on the back of policy reforms

Frontier Daily, 2 August: High yield and long end leads EM spread widening

Inflation starting to show signs of easing in East Africa

East African region bucked the FDI slump into Africa in 2022

BoG delivers a 50bp rate hike, South Africa to drag regional growth in 2023

Frontier Daily, 20 July: Turkey-UAE deal and rate decision, Ghana volatility

Concerns about global food supplies keeping inflationary pressures elevated

Egypt moves ahead with its privatization program

East Africa: East Africa’s agriculture sectors face two way risks

Currency devaluations boost the appeal of Nigerian and Egyptian assets

Kenya's economy grew faster than expected, Q2 market wrap

Zambian bonds unphased by the repricing of US interest rate bets

Fx reserve levels in Africa have broadly declined, Zambia’s GDP data in focus