Interest rates on private sector credit demand.
Description
🎙The immense pressure interest rates have on private sector credit demand and how African countries use land as an asset vs active investments in stock portfolios.
🎙MTN and Mastercard have signed a definitive agreement for a minority investment of up to $ 200 million into MTN Group Fintech at a valuation of $ 5.2 billion on a cash and debt-free basis.
🎙The Nafex exchange rate is trading above N1,400/$ in late January.
🎙The Bank of Uganda kept its benchmark interest rate steady at 9.5% during its meeting on February 6th 2024.
🎙The trade deficit in Uganda narrowed to USD 446.8 million in December 2023 from USD 453.4 million in the same period in the previous year.
🎙The unemployment rate in Morocco rose to 13% in the fourth quarter of 2023, from 11.8% in the same period a year earlier.
🎙The annual inflation rate in Tunisia eased for the fifth straight month to 7.8% in January 2024 from 8.1% in December 2023.
United States
