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<p>It’s time for our sub Saharan Africa report where we cover economic events across the continent.  Of course all eyes have been on eSwatini as unrest persist in South Africa’s land locked neighbour. But there have been other developments on the continent and joining CNBC Africa for more on this is Ridle Markus, Africa Strategist Absa Corporate &#038; Investment Banking.</p>


Absa’s inflation outlook  for East Africa

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<p>East African countries yesterday presented their respective FY2021/22 budgets and S&#038;P Global Ratings affirmed Uganda’s B/B foreign and local currency long- and short-term sovereign credit ratings. Ridle Markus, Africa Strategist for Absa Corporate &#038; Investment Banking joins CNBC Africa for more.</p>


S&P Global affirms Uganda’s B/B foreign and local currency

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<p>This week Zambia&#8217;s headline inflation rose to 23.2 per cent in May, higher than projected. While Tanzania is taking on more debt as the World Bank has announced that it has approved the financing of three projects in Tanzania totalling $875 million. Ridle Markus, Africa Strategist, Absa Corporate and Investment Banking joins CNBC Africa for more.</p>


Zambia’s headline inflation rose to 23.2% in May

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<p>The Bank of Botswana’s Monetary Policy Committee held its bank rate unchanged at 3.75 per cent based on the need for sustained support to the economy while in Kenya, Headline inflation eased to 5.8 per cent year on year in April. Joining CNBC Africa for more is Ridle Markus, Africa Strategist at ABSA Corporate and Investment Banking.</p>


Bank of Botswana keeps rates unchanged

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<p>The state of local pharmaceutical manufacturing is a hot topic in Africa currently with countries working on the most effective and cost efficient ways to fight the Covid-19 pandemic.</p>


How to address lack of vaccine manufacturing capacity in Africa

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<p>Menzi Ndhlovu, Senior Analyst at Signal Risk and Ridle Markus, Africa Strategist at Absa Corporate &#038; Investment Banking join CNBC Africa to give insight on the escalating Islamist insurgency in Mozambique’s Cabo Delgado province.</p>


Here’s how much growing Islamist insurgency could cost the Mozambican economy

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<p>Nigeria’s official unemployment rate surged to 33.3 per cent in Q4 2020 and neighbouring Botswana had a slight jump in Inflation with their rate now at 2.4 per cent. Ridle Markus, Africa Strategist at Absa Corporate &#038; Investment Banking joins CNBC Africa for more.</p>


Nigeria’s unemployment rate surges to 33.3%

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<p>Growth and economic recovery are the resounding words, used to describe the plans for the African economy.  But what are the realistic prospects for the country? Ridle Markus, Africa Strategist at ABSA CIB joins CNBC Africa for more.</p>


SSA economies to recover at slower rate than expected

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<p>It&#8217;s time to look at the themes that are playing out in Sub-Saharan Africa at the moment. This week, January headline inflation prints are expected for Mauritius, Tanzania and Ghana. Ridle Markus, Africa Strategist at Absa Corporate &#038; Investment Banking joins CNBC Africa for more.</p>


Sub-Saharan Africa market review

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<p>Coming out with its latest Sub-Saharan Africa update, ABSA reports that Nigeria’s headline inflation climbed to 15.8 per cent year-on-year in December 2020. This marks a 38-month high, largely driven by a rise in food prices. Joining us for that update on Nigeria and more is Ridle Markus, an Africa Strategist at Absa Corporate &#038; Investment Banking.</p>


Rwanda ready to trade under the AfCFTA

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<p>Sub-Saharan Africa’s economy has begun to recover as Covid-19 measures imposed in the first half of the year have been lifted.</p>


Absa’s 2021 outlook for SSA economies

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<p>Zambia’s debt issues continue, as the country went into a sovereign default on Friday. Zambia’s Eurobond holders rejected a request from the government to defer interest payments. Zambia missed payment of a $42.5 million coupon last month. It had until the end of business on Friday, to pay. Zambia’s Vice President Inonge Wina had said that the country would not default. Joining CNBC Africa for the latest Sub-Saharan Africa update is Ridle Markus, Africa Strategist at Absa Corporate &#038; Investment Banking.</p>


Zambia Eurobond holders reject request to defer interest payments

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<p>The Ethiopian government has continued its military action in the northern Tigray region over the past few days, with reports of air strikes on targeted facilities. Prime Minister Abiy Ahmed has replaced the country’s military Chief and reshuffled the leadership of other security branches. Joining CNBC Africa for the latest Sub-Saharan Africa update is Ridle Markus, Africa Strategist at Absa Corporate &#038; Investment Banking.</p>


Ethiopian PM replaces top military leadership as Tigray conflict worsens

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<p>Côte d’Ivoire’s Alassane Ouattara has been re-elected as president of the country, in a landslide victory.</p>


Côte d’Ivoire’s Alassane Ouattara wins landslide re-election

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<p>The new president of the Seychelles is expected to be sworn in today, after securing the seat in the country’s Presidential election.</p>


Seychelles opposition candidate wins presidential election

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<p>Protests in Nigeria and Cote d’Ivoire are threatening to once again slow economic activity. In Nigeria, protests against police brutality have been gathering momentum across the country, with mounting fears that it could worsen the already difficult economic situation. The Lagos Chamber of Commerce and Industry noted that the protests are adversely affecting business and could lead to a shutdown of the economy if not properly managed. Ridle Markus, Africa Strategist at Absa Corporate and Investment Banking joins CNBC Africa for more.</p>


Protests in Nigeria & Cote d’Ivoire threaten to slow economic activity

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<p>The G20 led Debt Service Suspension Initiative could be extended by a year amid the COVID-19 crisis and the economic impact that it has had on the world’s poorest countries. Ridle Markus, Africa Strategist, Absa Corporate and Investment Banking joins CNBC Africa to unpack the economic data out in the week ahead.</p>


Ridle Markus

Absa’s inflation outlook for East Africa

S&P Global affirms Uganda’s B/B foreign and local currency

Zambia’s headline inflation rose to 23.2% in May

Bank of Botswana keeps rates unchanged

How to address lack of vaccine manufacturing capacity in Africa

Here’s how much growing Islamist insurgency could cost the Mozambican economy

Nigeria’s unemployment rate surges to 33.3%

SSA economies to recover at slower rate than expected

Sub-Saharan Africa market review

Rwanda ready to trade under the AfCFTA

Absa’s 2021 outlook for SSA economies

Zambia Eurobond holders reject request to defer interest payments

Ethiopian PM replaces top military leadership as Tigray conflict worsens

Côte d’Ivoire’s Alassane Ouattara wins landslide re-election

Seychelles opposition candidate wins presidential election

Protests in Nigeria & Cote d’Ivoire threaten to slow economic activity

Will the G20 extend its debt relief initiative for low income countries?

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Ridle Markus

Absa’s inflation outlook for East Africa

S&P Global affirms Uganda’s B/B foreign and local currency

Zambia’s headline inflation rose to 23.2% in May

Bank of Botswana keeps rates unchanged

How to address lack of vaccine manufacturing capacity in Africa

Here’s how much growing Islamist insurgency could cost the Mozambican economy

Nigeria’s unemployment rate surges to 33.3%

SSA economies to recover at slower rate than expected

Sub-Saharan Africa market review

Rwanda ready to trade under the AfCFTA

Absa’s 2021 outlook for SSA economies

Zambia Eurobond holders reject request to defer interest payments

Ethiopian PM replaces top military leadership as Tigray conflict worsens

Côte d’Ivoire’s Alassane Ouattara wins landslide re-election

Seychelles opposition candidate wins presidential election

Protests in Nigeria & Cote d’Ivoire threaten to slow economic activity

Will the G20 extend its debt relief initiative for low income countries?

News Tips

Advertise With Us

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