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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

FX and debt trends in five sub-Saharan African economies

Thursday, May 23, 2019 > 09:32:10
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Hard currency availability and debt sustainability in Ethiopia, Kenya, Nigeria, Tanzania and Zambia



Since the drop of commodity prices in 2014-16, foreign exchange (FX) availability has become a critical challenge for some of sub-Saharan Africa’s largest economies. Sovereign debt has also risen sharply across the region, raising the prospect of greater pressure on FX availability and currency devaluations.



Across the markets, a sense of opportunity still pervades among local businesses and investors; yet little is known about how they are adapting in order to succeed in this challenging environment.



Commissioned by CDC Group, “Hard currency availability and debt sustainability in Ethiopia, Kenya, Nigeria, Tanzania and Zambia” takes a close look at recent economic trends in five of sub-Saharan Africa’s economies.



Based on an extensive interview programme with local investors and executives, the report sheds light on the ways in which businesses and investors are affected by FX shortages and rising indebtedness, and the approaches they are taking to tackle these challenges.



Download the PDF version of the report by clicking here.



For more information about the report, please contact:



Conor Griffin


EMEA Director


T: +44 (0)20 7576 8577


M: +44 7784 212 669


E: conorgriffin@economist.com


For more information about working with EIU Public Policy, please contact:



Frederick Morris



Strategic Partnerships with Corporate, Government and Non-Profits



T: +44 (0)20 7576 8197



M: +44 7860 861 469



E: frederickmorris@eiu.com


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