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African markets resilient in crisis, Positive tone on EU borrowing plans

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African markets resilient in crisis, Positive tone on EU borrowing plans

Monday 19 October 2020   –   Vol.11 Ed.43.1

Commentary: African markets resilient in crisis

By Kat Usita in London

The strength and resilience of Africa’s financial markets will determine its ability to withstand the impact of the Covid-19 .crisis, and have a significant impact on countries’ long-term economic growth. On 14 October, senior policy-makers from across the region and beyond examined how African economies are performing in the fourth Absa Africa Financial Markets Index, an annual assessment of financial markets’ infrastructure and regulatory environment.

Read the full commentary and download the Absa Africa Financial Markets Index on the website.

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Commentary: Positive tone on EU borrowing plans

By Ellie Groves in London

‘Investors have started to realise the euro is durable’, Prakash Kannan, chief economist of GIC, said at an OMFIF-DZ Bank panel discussion. The session also featured European Commissioner Johannes Hahn and Klaus Regling, managing director of the European Stability Mechanism. Speakers showed strong support for the new borrowing under the Commission’s €750bn Future Generation Fund. Hahn said issuance of SURE bonds was merely an ‘appetiser ahead of the main course’.

Read the full commentary on the website.

 

 

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