Southern Africa
Avanti secures extra capacity on Türksat 5B to expand into Southern Africa, aiming to bridge remote connectivity gaps and monetise underserved zones via satellite broadband. The move transforms the satellite firm into a frontier-digital-infrastructure player.
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.
Eswatini
Eswatini launches pension-fund and market-reform agenda to boost domestic investment and link payment systems across SADC (MSCI Frontier Africa, US10Y).
South Africa
South Africa’s removal from FATF’s grey list lifts the rand (ZARUSD) and JSETOP40 as AML reforms restore investor confidence and reduce compliance risk amid a softer DXY.
Mozambique
FATF delisting cuts compliance drag on payments and trade finance, complementing LNG restart dynamics. Track correspondent-bank line renewals. (CL=F, DXY)
Zambia
Kwacha strength eases inflation and curves, but breadth of FX supply and power-sector reform will decide durability. Copper remains the hinge. (HG=F, DXY)
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.
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.
Mozambique
Mozambique’s telecom transparency push targets lower funding spreads as US10YT=RR stays elevated; operators VOD.J and MTN.J gain regional clarity while Mozambique 2031 bond yield ≈ 10.4% tests investor response to governance credibility.
Namibia
Namibia’s automation drive tightens SME loan spreads and broadens the tax base; banks CGP.NM and FNB.NM gain from data-rich underwriting as the 6.50% repo anchors the peg. Watch adoption share, spread differentials, and VAT/PAYE breadth for validation.
Zambia
Zambia’s copper revival steadies USD/ZMW and compresses XS1267081575 spreads; with HG=F near USD 3.85 per lb, policy discipline keeps inflation and reserves on track through 2026.
South Africa
SARS enforcement pulls forward cash as ZAR=X holds near 17.4 and EZA shadows SAGB auction signals; with the repo at 7.00% and the 10-year near 9.0%, credibility hinges on measurable gains in tax buoyancy and borrowing needs.