Sub-Saharan Africa entered 2026 on its strongest macroeconomic footing in years. Regional growth came in at an estimated 4.5% in 2025, the fastest pace in a decade. Inflation had been falling consistently. Fiscal deficits were narrowing. Central banks across Ghana, Kenya, Mozambique, and South Africa had started cutting
The numbers Ghana is putting up right now are genuinely unusual. Inflation peaked at 54.1% in December 2022, the cedi had lost more than half its value against the dollar that year, and the country's debt-to-GDP ratio had hit 92.4%. By April 2026, inflation
In March 2026, the Bank of Ghana made a bold call. With inflation having fallen from a historic high of 54.1% in late 2022 all the way down to 3.2% in March 2026, the central bank cut its benchmark interest rate by 150 basis points to 14%, the
For a long time, Nigeria's investment story was defined by capital flight, currency uncertainty, and an environment where foreign investors preferred to sit on the sidelines. Something shifted in 2025. Net capital inflows into Nigeria surged by nearly 90% to $23.22 billion, driven largely by foreign portfolio
India's equity market spent most of 2025 underperforming its emerging market peers, but the current picture is shifting. The Sensex nudged up about 100 points on Monday, May 18, with Nifty hovering above 23,600, while analysts are increasingly pointing toward a potential recovery in the second half
Japanese equity markets are having a rough week. The Nikkei 225 fell 0.97% to close at 60,816 on Monday, May 18, while the broader Topix Index shed the same to settle at 3,827, marking three straight sessions of losses for Japanese stocks. The selloff is tied directly
Shin Hyun Song was barely out of his inauguration ceremony as Bank of Korea Governor when the policy calculus he will spend his four year term navigating became clear. Rising oil prices from the Iran conflict are simultaneously pushing inflation higher and threatening to slow economic growth. He told markets
Argentina is expected to regain access to international capital markets in 2026. That is a sentence that would have seemed implausible just two years ago. Country risk ratings have fallen from 2,500 basis points in late 2023 to around 600 basis points by the end of 2025, a collapse
The results from England's local elections in early May 2026 landed like an economic signal as much as a political one. Reform UK made sweeping gains across former Labour strongholds, with voter frustration centered on three issues: the economy, immigration, and taxes. When a governing party loses ground
The European Central Bank kept its three key interest rates unchanged at its April 30 meeting, and the statement that followed made clear this was not a comfortable hold. The Governing Council acknowledged that upside risks to inflation and downside risks to growth have both intensified. In plain terms, Europe