Armenia
Armenia Adds CBA Board Member; FX Edges Up
Armenia appoints new CBA board member, reinforcing governance and policy continuity; steady disinflation and mild dram firming persist under global DXY and CL=F headwinds. (DXY, CL=F)
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.
Armenia
Armenia appoints new CBA board member, reinforcing governance and policy continuity; steady disinflation and mild dram firming persist under global DXY and CL=F headwinds. (DXY, CL=F)
DR Congo
The DRC reviews the franc’s (USDCDF) 8 % rise as copper (XCUUSD) inflows lift reserves but erode local revenues; Kinshasa weighs wage, fiscal and export-margin trade-offs amid firm DXY.
Rwanda
Rwanda sustains growth near 7% through 2026; success hinges on funding mix, disinflation path, and execution of private investments underpinning FX stability. (DXY, MSCI)
Ghana
Ghana’s buffer-stock agency forms an audit committee to clean arrears, tighten procurement and publish stock integrity—steps that can steady CPI, support USDGHS, and temper soft-commodity pass-through
Bosnia and Herzegovina
Bosnia’s indices diverge as BIRS dips and SASX-10 edges higher on thin turnover; banks and utilities dominate flows, with DXY and CL=F guiding risk sentiment. (DXY, CL=F)
Liberia
Liberia’s fiscal deficit narrows to 3.1 % of GDP as inflation eases to 6.8 % and remittances steady L$185/USD, while external metrics strengthen (BDI, US10Y).
Eswatini
Afrobarometer survey shows nearly two-thirds of Eswatini’s youth plan to migrate as unemployment nears 48 %, challenging policy amid stable oil (CL=F) and frontier-market (MSCI Frontier Africa) trends.
Ethiopia
Ethiopia’s Minerals Corp signs Sunbird Bioenergy MoU to scale ethanol and biomass, aiming to trim fuel imports and FX strain as ETBUSD weakens and BRENT stays elevated amid a firm DXY.
Slovakia
Slovakia reviews refinery exposure to U.S. sanctions, weighing Druzhba pipeline risks and crude alternatives as ICE gasoil spreads and CL=F volatility guide margins. (DXY, CL=F)
Algeria
Algeria targets a pragmatic +2% hydrocarbon lift in 2026 and launches an early-year bid round; BRENT resilience and firm TTF support cash flow as Sonatrach prioritises reliability over volume promises.
Romania
Romania seeks flexible EU fiscal rules to pair credible consolidation with growth investment; balanced budget design would stabilise yields and sovereign spreads. (DXY, CL=F)
Morocco
Morocco’s 2026 Finance Bill keeps MAD 13.77 bn subsidies for butane, sugar, and wheat; MADUSD stable as BRENT near US$88 supports fiscal consolidation amid MSCIEM calm.