We present five of our best current calls across economies, sectors, stocks and bonds for February. This month's picks: Chile and Vietnam equities, Buy Tajikistan and Nigeria bonds. We also identify five countries as being at most risk of default: El...

Governments need to adjust policy, secure better crafted international support to protect public finances. Some African countries have become more resilient recently, but many cannot address financial challenges on their own. Greater coordination bet...

Load shedding, poor economic growth outlook and Eskom's debt restructuring will be key to watch on Feb 22. Political risks to remain high ahead of 2024 but could ironically generate impetus for urgency in reforms. SARB reduced its outlook for the eco...

Forex: Kenya is set to receive around $700m from multi-lateral lenders. Fixed Income: African bonds are a mixed bag. Macroeconomic: IMF raises its 2023 Sub-Saharan Africa growth forecast marginally to 3.8%.

Forex: Ghana’s gross reserves drop to a six-year low in December. Fixed Income: Central Bank of Kenya surprises markets and leaves interest rates on hold. Macroeconomic: The Bank of Ghana delivers another outsized interest rate hike as inflation cont...

Forex: Kenya’s import cover plunges to a more than seven-year low. Fixed Income: Nigeria slips another notch down the sovereign credit rating ranks. Macroeconomic: Trade volumes between China and Africa should remain elevated in 2023.