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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

African economies

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Africa

Rating agencies and Africa: the absence of people on the ground contributes to bias against the continent – analyst

    By Misheck Mutize, University of Cape Town   Rating agency Fitch recently warned that the rapid spread of the mpox virus in sub-Saharan Africa could add to the fiscal pressures many countries in the region are already experiencing. The Africa Centres for Disease Control and Prevention and the World Health Organization have declared the latest outbreak of mpox in Africa a health emergency. An epidemic in the Democratic […]

todaySeptember 9, 2024 18

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Africa

Smaller African economies are getting more investor attention

    By Conrad Onyango, via bird story agency   Small African economies are punching above their weight to emerge as the most attractive to investors, bolstered by their higher economic and personal freedoms. A new study, ‘The 2024 RMB Where to Invest in Africa report,’ shows that investors are looking beyond markets with big populations and larger economies. Instead, they are seeking destinations with higher levels of stability and […]

todayAugust 13, 2024 23

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Africa

Africa’s new online foreign exchange system will enable cross-border payments in local currencies – what you need to know

By Christopher Adam, University of Oxford The high cost of making cross border payments on the African continent has driven governments on the continent to seek options of settling trade and other transactions in local currencies. This has given birth to the Pan-African Payment and Settlement System which is scheduled to go live in 2024 under Kenya’s leadership. Development economist Christopher Adam, who has studied the exchange rate policies of […]

todayNovember 28, 2023 17

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