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 1.2% w/w last week, trading below FCFA600/$, as the dollar weakened amid tariff-related fallouts. The United States implemented a 10% baseline tariff on all imports, along with increased duties on significant trading partners, sparking concerns over slowing economic growth and rising inflation. In the near term, tariff escalation is expected to weigh further on the US dollar and ease pressure on the XAF.
- IFC Investment: The International Finance Corporation (IFC) and Afriland First Bank introduced a CFA36.4 billion ($61.4 million) fund to support women-led businesses in Cameroon. Designed to address financing challenges, the initiative aims to foster the growth of small and medium-sized enterprises (SMEs). The fund provides senior unsecured loans with flexible terms, including
