The Stears Weekly Macroeconomic Report highlights the macroeconomic trends and policy shifts shaping the African investment landscape, helping you make informed decisions in dynamic markets.
Highlights for the week
- Democratic Republic of Congo: Despite the peace deal signed on December 4, M23 rebels have continued to press their offensive in eastern Democratic Republic of Congo, with fighting intensifying in South Kivu both in the days leading up to the agreement and immediately after it was concluded. Attacks between December 2nd and 7th left at least 74 people dead, most of them civilians, and forced thousands to flee into neighbouring Rwanda and Burundi, according to the United Nations.
- Ethiopia: The International Monetary Fund has approved a further $261 million disbursement to Ethiopia following the completion of the fourth review of its Extended Credit Facility programme, lifting total IMF financing under the arrangement to about $2.13 billion. Continued IMF support provides short-term relief from external financing
