Egypt’s economic situation continues to improve since flotation of Egyptian pound. Egypt’s economic situation has significantly improved since the flotation of the Egyptian pound in late 2016 and continues to show signs of vigour. Improvement was mainly noticed in external accounts and foreign currency liquidity and a 60% increase in the Central Bank currency reserves […]
Ivory Coast Financial Markets
Ivory Coast: Financial markets unrest following mutiny. In May 2017, several Ivorian troops, who were loyalists to president Ouatara, conducted a mutiny after the scrapping of a deal agreed in January to give them back pay and bonuses. The issue was resolved when the government agreed to the rebels demands and made an immediate part […]
Ghana: The Struggle Continues
Ghana growth expected after economic uncertainty. Growth is expected to accelerate this year, following an increase in oil output. The government’s deficit reduction plan, together with IMF support, may result with greater business confidence, and increased investment. Growth is expected to hit 5.6% in 2017, and 6.1% in 2018. Fiscal deficit continues to trouble Ghana. […]