02/12/2019

Nigeria, South Africa pulling down the continent

According to the bank’s report on Africa’s Macroeconomic Performance and Prospects, fastest growing African countries include Senegal with 7.0 percent, Rwanda with 7.2 percent, and Cote d’Ivoire with 7.4 percent.

02/12/2019

StanChart tips Kenya to weather debt overhang

StanChart says that Kenya has foreign exchange reserves above $8 billion and current account receipts are estimated to rise to at least $20 billion in 2019 on strong remittance and tourism growth, giving the country some comfort.