Kelvin Peter Msangi is a Tanzanian finance and economics researcher known for data-driven analysis on fiscal policy, markets, and economic reform. His work has been featured in leading publications across East Africa and other regions.
Namibia
Namibia trims 2025 growth to 3.3% as manufacturing weakens; CL=F steadies fuel costs while ZAR=X depreciation raises imported inputs. Yields near 11% reflect execution risk; progress on credit, exports, and utilization is required to re-anchor growth by 2027.
Congo (Republic of)
Kélé-Kélé converts debt into productive assets and targets import substitution as Congo manages thin reserves; EMB tracks frontier spreads while DXY strength and CL=F volatility frame inflation and FX-risk tests for scaling into 2026–2027.
Cabo Verde
Cabo Verde’s justice-sector staffing deficit tightens governance risk as debt nears 106% of GDP and CPI runs 2.7% y/y; investors in EMB and AFK will track clearance rates and debt trajectories for spread direction over the next 24 months.
Uganda
Uganda’s grid losses keep tariffs near $0.10/kWh as USDUGX=X stays sensitive; credible execution could cut losses below 14% by 2026 and compress the term premium, with FM tracking frontier-market risk appetite into 2027.
Nigeria
Nigeria’s ₦650 billion T-bill auction gauges policy traction as NGN=X steadies near ₦1,580 per USD and oil (CL=F) trades around US $84. Stop-rates near 15–16% and bid-cover > 2× will confirm disinflation, liquidity discipline, and FX-rate stability.
Tanzania
Tanzania’s mining now contributes about 10.1% of GDP, with $4.3 billion in gold exports anchoring FX reserves above $5 billion. Governance reforms will determine risk spreads for GOLD and AU as XAUUSD strength tests policy credibility and execution discipline.
Cabo Verde
Cabo Verde institutionalizes diaspora finance to reweight external flows; watch EMB and EURUSD=X as pipelines print, and track BZ=F-linked import sensitivity while the investment ratio rises toward 20–22% of GDP by end-2026.
Zambia
Zambia’s arrears cleanup strengthens governance signals as inflation eases and policy holds at 14.50%; watch EMB and HG=F for risk appetite and terms-of-trade, and local bill cut-offs for confirmation of spread compression.
Rwanda
AI-enabled connectivity in Kigali signals a margin mix shift as $30–$40 devices expand usage; operators AAF.L and HTWS.L gain operating leverage while NVDA and MSFT monetise edge-cloud demand via AI infrastructure scaling.
Kenya
Record reserves lift buffers as KES=X steadies; new 7- and 12-year Eurobonds price below 9% and tighten spreads versus EMB while DXY strength and CL=F volatility frame external risks; watch CPI, USD/KES, and auction yields into Q4–Q1.
Côte d’Ivoire
Côte d’Ivoire’s push for local cocoa processing aims to lift manufacturing to 15 % of GDP and narrow its current-account deficit below 1 %, testing investor sentiment across CC=F, BARN.SW and EMB as policy execution defines spread direction.
Senegal
Senegal’s reef outlay ties ecological capital to macro repair, with CL=F shaping fuel costs and EURUSD=X pricing inputs under the peg. Execution, enforcement, and clean debt data will determine if exports and risk premia improve into 2026–2027.