There are several indicators to suggest that commodity markets, especially oil, gas, and metals, will continue to boom over 2021, which will have important implications for Africa’s extractive sectors and trade.
TFG heard from EXX Africa’s Keri Leicher, on the economic, political and health crisis in Africa caused by Covid-19 pandemic. Keri spoke of Africa’s high level of debt and silent attacks affecting the continent’s security.
Specialist intelligence company EXX Africa’s director Robert Besseling assesses that African governments are increasingly integrating infrastructure investment options into a more competitive landscape that seeks to bridge the massive annual financing gap. However, accomplishing sustained economic growth, meeting revenue collection targets, and achieving positive indicators will be required to balance growing debt levels and record fiscal expansionism.
Part 2 of 3. Debt sustainability in African countries in a huge concern, with recent IMF ratings plunging for both Zambia and Ethiopia. Off the back of this drop in… read more →
Part 1 of 3. Mounting concerns over Africa’s debt sustainability are frustrating key investment decisions and infrastructure financing. In this special 3 part report, Exx Africa identifies the countries in… read more →