After Zambia and Ghana, will others turn to the IMF?

Recent moves by both Zambia and Ghana to request IMF help have focused attention on vulnerabilities in other economies in the region that run large current account deficits. But strong inflows of foreign direct investment in Tanzania, Mozambique and Uganda, and high levels of FX reserves in Kenya and Mauritius, suggest that there is little imminent need for external assistance in these economies.

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