Day: April 30, 2025

Philippines

Mercosur meat producers are seeing rising demand from Asian markets as US tariffs push countries like China to diversify suppliers, said Frigorifico Concepcion’s Jorge Usandivaras.

Dominican Republic

The Dominican Republic’s IMAE rose 5.4% y-o-y in March (vs 0.7% in Feb), led by a 14.5% y-o-y rebound in construction from a low base.

Colombia

Colombia’s central bank is expected to hold its benchmark rate at 9.5% at its next meeting, according to a Reuters poll. While inflation fell to

Zambia

Zambia’s kwacha has shown tentative stabilization as the country nears completion of its long-delayed debt restructuring. Talks remain ongoing with Afreximbank and TDB, and while

Tanzania

Tanzania’s GDP grew 5.2% YoY in Q4 2024, slowing from an upwardly revised 6.2% in Q3. The moderation reflects cooling across key sectors, with agriculture

Nigeria

Nigeria’s non-oil exports rose 24.75% YoY in Q1 2025 to USD 1.79 bln, while export volumes surged 243.44% to 2.42 mln metric tonnes, according to

Namibia

Namibia’s economy is projected to grow 3.8% in 2025 and 4.0% in 2026, driven by crop farming, uranium mining, and expansion in electricity and water

Kenya

Kenya’s inflation rate rose to an eight-month high of 4.1% YoY in April 2025, from 3.6% in the previous month. Still, inflation held below the

DR Congo

DR Congo’s long-term local and foreign currency issuer ratings were affirmed at B3 by Moody’s, with a Stable Outlook. The rating reflects ongoing macroeconomic risks

Botswana

Botswana expects Anglo-American to sell its 85% stake in De Beers by end-2025, according to Vice President and Finance Minister Ndaba Gaolathe. Botswana, which holds

Armenia

Armenian PM Pashinyan has said that Armenia has no intention to break-off or spoil relations with Russia. This statement came during a join press conference

Vietnam

Vietnam’s Prime Minister Pham Minh Chinh called for increased imports of US goods—including LNG, aircraft, and pharmaceuticals—to help address trade imbalances and support talks with

Thailand

Thailand may cut its benchmark one-day repurchase rate by 25 bps to 1.75% amid mounting economic headwinds from global trade tensions. The economy is also

China

Oil prices are heading for their largest monthly loss since 2020, with Brent down 15% in April. The drop is driven by slowing global growth,