Day: August 12, 2025

Dominican Republic

Dominican Republic’s NFPS posted a 0.2% of GDP deficit in June as central government revenues rose 11.7% YoY on stronger income tax receipts (+23%), while

Bolivia

Bolivia’s Ipsos Ciesmori poll showed Samuel Doria Medina leading with 21.2% ahead of Jorge Quiroga on 20%, within the +/- 2.2 ppt margin of error.

Zambia

AfDB plans develop a pipeline of private sector projects in Zambia over the next 12 months to accelerate growth and support economic transformation, the bank

Nigeria

Nigeria’s FDI fell 70.1% QoQ to USD 126.3 mln in Q1 2025 despite overall capital inflows rising. The NBS said investors favored short-term financial instruments

Namibia

Namibia’s central bank cut its 2025 GDP growth forecast to 3.5% from 3.8% on weaker agriculture, mining, and manufacturing outlooks. Drought has reduced livestock herds,

Kenya

Kenya moved closer to a bilateral agreement with China to remove tariffs of around 10% on tea, coffee, and avocados. President William Ruto said the

Ethiopia

Ethiopia enlisted AfDB to raise USD 8 bln for Bishoftu International Airport, 40 km south of Addis Ababa. AfDB pledged up to USD 500 mln,

Egypt

Egypt’s government borrowing from the banking sector rose to a record 56.4% of total domestic credit, reaching EGP 8.4 tln (USD 173.2 bln) in June

Cote d’Ivoire

Côte d’Ivoire saw thousands protest against the exclusion of four main opposition leaders, including Laurent Gbagbo and Tidjane Thiam, from the October presidential election. The

Singapore

Benin resumed drilling at the Sèmè offshore oil field after 27 years, with Singapore-based Akrake Petroleum leading redevelopment. The site previously produced ~22 mln barrels

Angola

Angola was poised to re-enter international debt markets as Eurobond yields dropped, though issuance was unlikely this year unless borrowing costs fell further. A global

Mongolia

Mongolia’s annual inflation eased slightly to 8.1% in July from 8.2% in June, its lowest since last November, as housing, utilities, and transport prices moderated.

Moldova

In Moldova, fugitive pro-Russian tycoon Ilan Shor has offered Moldovans USD 3,000 a month to join protests against the pro-European government ahead of next month’s

Kazakhstan

Kazakhstan’s central bank will raise reserve requirements for banks later this month, lifting the minimum reserve level to 3.5% for obligations in Kazakh tenge and

Albania

Albania’s annual inflation rose to 2.5% in July 2025 from 2.4% in June, driven mainly by higher food and housing costs. The central bank kept

Ukraine

US President Trump announced he will meet Russian President Putin in Alaska on Friday, August 15, aiming to broker a deal to end the war

Pakistan

Pakistan’s central bank injected PKR 1,004 bln rupees into the banking system via reverse repo and Shariah-compliant OMOs to support liquidity, accepting Rs 898 bln

China

China’s 10-year bond yield rose to 1.73% as markets welcomed a 90-day extension of the US-China tariff truce, keeping duties at 30% on US goods