The Economist Intelligence Unit has reported that foreign direct investment flows into Sub-Saharan Africa will fall by 30 per cent this year, with oil and gas producers facing the biggest knock. Pat Thacker, Editorial Director of India, Middle East & Africa at the Economist Intelligence Unit joins CNBC Africa for more.
The two biggest economies in Africa are holding MPC meetings today and tomorrow respectively. We shift our focus to the West of Africa with Nigeria as they experienced a slight second quarter GDP growth which may impact the rate decision. Joining CNBC Africa for more is Benedict Craven, Principal Economist for Africa at EIU.
Mozambique seals energy deal with Russia on the brink of elections: What does this development hold for its growing economy?
Mozambique is country rich in gas, has unsustainably high debt levels and on a slow growth trajectory that followed the 2016 hidden debt crisis, according to the World Bank (WB). It has an election on the horizon and its President Filipe Nyusi recently sealed an energy and security deal with Russian President Vladimir Putin. For more on the lay of the land, Nathan Hayes, Country Analyst at the Economist Intelligence Unit (EIU) joins CNBC Africa for more.