Southern African Development Community Data

The African Securities Exchanges Association (ASEA) is inching closer towards integrating the African capital markets by facilitating cross-border trading and free movement of investments in the continent.

Ghana’s economy expanded by 5.4% in 2021, far higher than the 0.4% recorded in the year 2020, a period that COVID-19 pandemic had severely hit the global economy.  

As the Russia – Ukraine conflict intensifies, and Western countries increase sanctions against the aggressor a new challenge emerges for West African oilers. Russia needs to ensure a steady pipeline of cash to prop up their economy and so Russian oil is being supplied at less expensive levels for those nations willing to absorb the wrath of the west. Some of these nations also happen to be the best buyers of West African crude.

Ethiopia's inflation rate rose to 34.7 percent in March, up from 33.6 percent in February, according to the latest data released by Ethiopia's Central Statistical Agency (CSA).

The Democratic Republic of Congo was officially admitted to the East African Community on March 29, 2022 during the 19th Extraordinary Summit of the EAC Heads of State.

Ghana’s central bank has announced its largest-ever interest rate hike to halt the country’s spiralling inflation fed by global tensions in Europe. This is according to a news release from the Bank of Ghana’s Monetary Policy Committee.

Fitch Ratings has affirmed Kenya's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a Negative Outlook.

The CBE raised the overnight deposit rate, the overnight lending rate, and the rate of the main operation by one percent (100 basis points) to 9.25 percent, 10.25 percent, and 9.75 percent, respectively.

French container transportation and shipping company CMA CGM is planning to develop its services and expand in the Egyptian market in next years, Al Mal News reported, citing CMA CGM Egypt and Sudan Cluster CEO Tariq Zaghloul.

Moody's Investors Service ("Moody's") has affirmed the Government of Senegal's Ba3 long-term issuer ratings and changed the outlook to stable from negative. The rating on Senegal's foreign-currency senior unsecured debt has also been affirmed at Ba3. The short-term rating was affirmed at Not Prime (NP).