Forex: Nigeria’s foreign exchange reserves remain under pressure. Fixed Income: Fitch downgrades Ghana’s credit rating on the back of the debt exchange announcement. Macroeconomic: Headline inflation in Egypt surges to a near-5-year high in November.

Forex: Ghanaian cedi extends recovery as debt restructuring takes place. Fixed Income: Emerging market debt default fears have eased. Macroeconomic: Recap of latest Africa interest rate decisions.

Forex: Ghanaian cedi rallies as debt exchange takes place. Fixed Income: From aggressive rate hikes in 2022 to the growing possibility of aggressive rate cuts in 2023. Macroeconomic: Sub-Saharan Africa PMI average rises back above the 50-point mark.

BSE witnessed some up and down price actions on Thursday, but stick to fairly narrow range in negative territory except the broad index BGTR30 (726.50), which added 0.13%. SOFIX (601.80) retreated from its 200-day MA and slipped 0.27% as investors e....

Petroleum product demand, after a brief period of recovery in October, dampened again in November. Furnace Oil sales led the overall decline in volumetric sales and reduced to 136mnMT (-33% MoM). HSD demand uplift was short lived and fell by 18% MoM....

Forex: South African rand underperforms against regional peers as a potential political crisis unfolds. Fixed Income: Bank of Botswana leaves rates on hold amid expectations for inflation to slow. Macroeconomic: Economic conditions in Nigeria improve...