Africa Economics

Africa Economics Weekly

25 January, 2019

Kenya debt increases fragilities, SA inflation supports dovish view

Given Kenya’s fragile external position, plans for more foreign currency debt will increase the economy’s vulnerability to external shocks. Policymakers at the Central Bank of Nigeria showed no sign of shifting their controversial policy stance this week, but we think that an opposition win in next month’s election would prompt a radical policy shift at the bank.

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