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.
Tanzania
Tanzania’s tax authority beats Q1 targets by 6%, collecting USD 3.4 billion and easing debt pressure as peers struggle. With inflation at 3.4%, yields near 9%, and strong digital reforms, Dar es Salaam is turning fiscal credibility into a rare frontier-market advantage.
Frontier Markets
Kenya’s tea output has fallen 11% in 2025, exports are slipping, and prices (USD 2.05/kg) hover near cost as erratic weather, weak demand, and global price shifts strain Africa’s top tea exporter, pressuring the shilling (USD/KES: KES=) and regional supply chains.
Global Markets
Kazuo Ueda faces a defining test as Japan edges toward ending decades of ultra-easy policy. With inflation steady, wages fragile, and the yen sliding (USD/JPY: JPY= 147.7), global markets brace for ripple effects from Tokyo to Johannesburg.
Emerging Markets
Japan’s new export curbs on Chinese tech firms may seem distant, but their impact could reach African factories, solar parks, and ports. As supply costs rise and inputs tighten, Africa’s manufacturing dreams face a global test of resilience, strategy, and independence.
Frontier Markets
Shri Krishana (NSE: SKOP) warns of >25% profit drop after H1 net fell 70% to KSh 2m. Borrowings hit KSh 150m, debt-to-equity 2.1×, interest cover just 1.16×. With Kenya’s 364-day T-bill at 17% and KES near 154/USD, survival hinges on Kisaju plant execution.
Markets
AfDB approves USD 22.8m for Mozambique to raise rice yields from 1t/ha to 4t/ha, lifting incomes to USD 1,000. A test for food security, ESG flows, and sovereign credibility, with investors watching agriculture as a macro risk factor.
Markets
UK–Rwanda trade hit £57m in Q1 2025, up 58%. GDP grew 8.9% in 2024, FDI inflows reached USD 459m, yet Eurobond yields trade near 9%. With LSE firms (HSBA, VOD, LGEN) eyeing Kigali, the new British Chamber could decide if growth becomes true investability.
Markets
Eskom posts ZAR 16bn profit after 8 years, easing pressure on South Africa 2032 Eurobond (7.1%) and USD/ZAR near 18.30. Miners AAL, BHP, GLEN, SBSW gain stability, but CDS at 280 bps and arrears risk keep global investors cautious
Markets
Egypt issues USD 1.5bn dual-tranche sukuk (3.5yr 6.375%, 7yr 7.95%) after USD 9bn+ orders. Pricing inside Eurobond curve, but yields still ~7–8%. Signals diversification, yet risks remain as debt >92% of GDP and EGYPT 2030/2033 trade above 7.5%.
Policy & Economy
Egypt’s steel plan faces FX shocks and volatile inputs, with iron ore near USD 95–100/t and the pound down 40% since 2022. Stability in currency, energy, and rates will decide if reforms spark exports and jobs or remain another shelved industrial blueprint.
Markets
Rwanda’s first tungsten export to the U.S. marks a symbolic crack in China’s 60% supply dominance. With mining at ~30% of exports (RWF-MINING-EXP), Kigali’s move blends opportunity with risk in global critical-mineral geopolitics.
Markets
IMF reviews Togo’s USD 403m ECF as growth hits 5.3% and inflation eases to 2.6%. With USD 129m disbursed, markets eye WAEMU bonds on the BRVM, CFA franc (XOF) stability, and bank tickers ETIT, ORGT, CBI as credibility faces its next test.