Africa Growth Initiative Markets Monitor: May 2016 update (Amadou Sy, Amy Copley, Brookings)

The onset of low oil and other commodity prices in 2014 (see Figure 1), compounded with China’s slowdown, more restrictive global financing conditions, and domestic structural challenges, have elicited mixed reactions from the financial and foreign exchange markets of Africa’s major economies. To better understand these market trends—their underlying determinants as well as their implications for the continent—the Africa Growth Initiative has launched a new blog series called the Africa Growth Initiative Markets Monitor, which will provide regular updates and analysis on the latest developments in African stock and bond markets, credit ratings, and currencies.

http://www.brookings.edu/blogs/africa-in-focus/posts/2016/05/09-africa-growth-initiative-markets-monitor-sy-copley