Sub-Saharan Africa

  • Trend Assessment: Ghana, the spending spree continues

    November 14, 2018

    On 15 November, Minister of Finance Ken Ofori-Atta will present his second mid-term budget during a period of rapid but fragile economic growth. To ensure continued financing of the government’s ambitious policy programme, Ofori-Atta promises to issue a mind-boggling USD50 billion 100-year bond. That would be the world’s first ’century bond’, which follows the series of publicly guaranteed bonds, worth ...

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  • Trend Assessment: Ethiopia’s restart after the grace period

    September 20, 2018

    Ethiopia’s new prime minister has re-ignited hopes of a more stable Horn of Africa region and the liberation of the Ethiopian economy. However, his ambitious reforms and rapprochement with former foes could drive bribery risks and upset some elite networks which could in turn increase stability risk.

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  • Sierra Leone’s anti-corruption drive presents growing political risks

    August 2, 2018

    Based a promise of tackling rampant corruption and mismanagement of public funds Sierra Leone's new president has ordered an audit into the former government and called for investigations into senior officials, including the former president. This raises the political risk to foreign investors and increases the likelihood of political protest and inter-communal violence in the six-month outlook. 

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  • Election Watch: Zimbabwe’s watershed election

    July 4, 2018

    Zimbabwe faces a watershed moment. General elections in July will be the first without Robert Mugabe at the helm of the ruling party. Political alliances have become increasingly factionalised, while voters appear undecided. A2 Global Risk outlines the main political risks international investors should consider in the one-year outlook.

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  • Cameroon’s Anglophone problem grows into an armed conflict

    June 7, 2018

    The militant independence movement that has been brewing in the Anglophone regions since December led to a marked escalation in hostilities in April and May. National elections planned for October are unlikely to appease the situation. On the one hand, the government will do anything it can to stifle the unrest; on the other, secessionist militants will attempt to disrupt the poll. This points to a further deterioration in Cameroon’s security environment in the three-month outlook.

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