Vaccine tides turning in SSA? Evergrande reverberations

This week brought the prospect of an improvement in Sub-Saharan Africa’s vaccine supplies, but the region is still likely to struggle to catch up with the rest of the world in the global vaccination race. Meanwhile, although we expect the fallout from the Evergrande saga to be limited, the region’s metal producers like South Africa are exposed to weakness in China’s property sector. Finally, there has been some momentum towards a debt restructuring deal for Ethiopia, but this will probably be difficult to thrash out.