Georgia
Paraguay is attempting to draw more Taiwanese investment to diversify its predominantly agricultural economy. Paraguay is the sole South American country maintaining formal diplomatic relations
July 11, 2023
Paraguay is attempting to draw more Taiwanese investment to diversify its predominantly agricultural economy. Paraguay is the sole South American country maintaining formal diplomatic relations
Colombia’s central bank predicts a year-end inflation of 9%, down from the previous forecast of 9.5%, and an end-2024 inflation of 3.5%. The bank also
Tanzanian officials noted that The Dar es Salaam Metropolitan Development Project (DMDP), launched in 2015, is advancing well. The project aims to improve the living
In Sierra Leone, the finance minister predicts economic growth to slow to 2.7% this year due to global uncertainty, high food and fuel costs, and
Senegal’s USD-denominated bonds fell following a delay in a BP LNG project and political unrest. That caused the country’s 2048 notes to fall 2.371 cents
Moody’s downgraded Niger’s long-term foreign and local currency issuer ratings to Caa2 from B3, citing potential default risks. Economic and financial sanctions imposed by ECOWAS
Mozambique’s president, Filipe Nyusi, expressed interest in converting the country’s debts to Russia into funding for development projects. While the amount owed is not crippling,
Despite a slight decrease in imports, Morocco’s trade deficit expanded by 61.6% to 138 bln dirhams (USD 14 bln) in H1 2023. While imports contracted
Kenya’s private sector economy suffered a sixth consecutive month of decline, with the PMI dropping to 45.5 in July 2023 from 47.8 the previous month.
Egypt has unexpectedly resumed its cycle of monetary tightening to control inflation, which is at an all-time high. The central bank increased the deposit interest
US secretary of state Antony Blinken will announce an additional USD 362 mln in funding to tackle food insecurity in various African countries and Haiti
Investment in the bonds issued by Kazakhstan’s finance ministry surged to a record USD 1 bln, including almost USD 400 mln from non-residents. This uptick
Azerbaijan’s foreign minister has reported progress on some aspects of the prospective agreement with Armenia regarding the establishment of peace and interstate relations. The foreign
Lithuanian President Gitanas Nauseda has suggested that the Baltic nations and Poland should be ready to close their borders with Belarus, reiterating concerns about the
Political uncertainty in Thailand following the cancellation of plans to elect a prime minister led to a slump in stocks and the currency, the baht.
A senior official from Sri Lanka’s central bank stated there isn’t significant downward pressure on the Sri Lankan rupee, attributing the recent currency volatility to
Data from Bangladesh’s central bank shows the country’s trade deficit narrowed by 48.4% YoY to USD 17.15 bln in the year to June from USD