
Angola Delays Eurobond Sale Amidst Yield Concerns
Angola, a nation grappling with economic instability, has announced it will postpone its plans to sell a Eurobond. This decision comes as officials hope to see improvements in yield rates that have recently not favored emerging markets, particularly in Sub-Saharan Africa. The Angolan government is keenly aware that favorable conditions in the debt market are crucial for a successful bond sale.
Continue reading
Zambia's Economic Surge: A Stellar Growth Rate Exceeds IMF Projections
In a striking development that underscores the resilience of its economy, Zambia has reported an impressive growth rate that is three times higher than the forecast made by the International Monetary Fund (IMF). This robust performance signals a noteworthy rebound for the country that has been grappling with economic challenges in recent years.
Continue reading
Sub-Saharan Africa: Rising Economies Positioned for Growth in 2025, Says Moody’s
On January 9, 2025, Moody's Investors Service released a report signaling optimism for the economies of Sub-Saharan Africa as they enter 2025. Amidst a backdrop of global economic uncertainties, this analysis highlights the robust growth potential in various countries within the region, despite challenges such as inflation and external debt pressures.
Continue reading