Weekly Africa Macro Update: January 13-17, 2025

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.

Country Updates 

 

Cameroon

  • Foreign Exchange: The Central African CFA Franc (XAF) appreciated by 0.3% w/w, strengthening from FCFA640.3/$ to FCFA638.5/$. This gain reflected the Euro’s recovery against a weakened US dollar, driven by a rise in December 2024's Producer Price Inflation (PPI) to 3.3% y/y in the US. However, the US dollar is expected to rebound as President Donald Trump’s inauguration approaches, potentially pressuring the Euro and, consequently, the XAF in the near term.

  • Gender Inclusion: The National Institute of Statistics in Cameroon recently released its December 2024 policy recommendations for gender inclusion in the labour market. The report, based on data from the 2021 Employment and Informal Sector Survey (EESI3), finds significant gender disparities in access to employment opportunities, with men (61.4%) more present in the labour

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Dumebi Oluwole

Dumebi Oluwole

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