Day: August 11, 2025

Argentina

Argentina’s Buenos Aires City inflation rose 2.5% MoM in July, up 0.4 pp from June, lifting the annual rate to 40.9% YoY. Seasonal prices surged

Uganda

Uganda’s debut 25-year bond was oversubscribed, drawing UGX 851.1 bln (USD 238.7 mln) in bids versus UGX 500 bln offered, but the central bank rejected

Nigeria

Nigeria will implement the second phase of Special Agro-Industrial Processing Zones (SAPZ) in 24 states, funded by USD 2.2 bln mobilized by AfDB and partners.

Lesotho

Lesotho secured a cut in US tariffs on its exports from 50% to 15% (effective 7 Aug), easing pressure on its textile sector. The government

Portugal

Guinea-Bissau’s President Umaro Sissoco Embalo dismissed Prime Minister Rui Duarte de Barros, appointing Braima Camara ahead of November elections. The reshuffle follows political controversy over

Ghana

Ghana’s President Mahama appointed Finance Minister Cassiel Ato Forson as acting defence minister following a helicopter crash that killed Defence Minister Edward Omane Boamah, Environment

Angola

Angola recovered USD 200 mln in collateral from JPMorgan in May after the price of its Eurobond, posted under a USD 1 bln total return

Serbia

The IMF urged Serbia to accelerate structural reforms to boost productivity, as future growth from labor and capital is expected to decline. While Serbia has

North Macedonia

North Macedonia recorded an annual inflation rate of 4.8% in July 2025, up from 4.5% in June, driven mainly by rising prices in food, beverages,

Armenia

Armenia and Azerbaijan signed a US-brokered peace deal in Washington on Friday, ending decades of conflict over Karabakh. The agreement includes a planned corridor in

Ukraine

Ukraine’s annual inflation in July was 14.1%, below economist forecasts of 14.6% and down from a rate of 14.3% in June. This was the second

Russia

The US and Russia are reportedly negotiating a truce that would freeze the Ukraine war along current lines of the conflict, and recognize Russian control

Philippines

Philippines’ GDP grew 5.5% YoY in Q2 2025, slightly above forecasts, with 1.5% QoQ growth versus the 1.3% median estimate.

India

US President Trump signaled possible extra tariffs on Chinese imports after imposing an additional 25% tariff on Indian goods for continuing Russian oil purchases. India

Cambodia

Cambodia and Thailand agreed to a 13-point ceasefire plan to de-escalate border tensions, aiming for lasting peace and stability.