Buhari warms on trade, Ramaphosa plans Eskom rescue

Nigeria’s usually mercantilist government seemed more open to regional integration this week. But while Abuja’s decision to join the AfCFTA trade pact is positive, plans for a West African common currency will probably fail (again). South African policymakers edged closer to providing a new bailout for Eskom, but they’ve been silent about the structural reforms the struggling firm needs to survive. We are resending this publication as some of our clients did not receive the original email. We apologise if you are receiving this email for a second time.