report April 28, 2021 NIGERIA: AFRICOM invitation highlights scale of security challenges On 27 April, President Muhammadu Buhari made a thinly veiled plea to US Secretary of State Antony Blinken to relocate the United States Africa By Malte Liewerscheidt Teneo
report April 21, 2021 CHAD: President’s death raises specter of civil war On 20 April, Chadian army officials announced that President Idriss Deby had succumbed to injuries sustained while commanding his troops repelling a rebel incursion By Malte Liewerscheidt Teneo
report April 20, 2021 NIGERIA: More of the same from the central bank The furious official reaction to allegations of an opposition governor that ways-and-means funding of the federal budget by the Central Bank of Nigeria (CBN) By Malte Liewerscheidt Teneo
report April 15, 2021 SUB-SAHARAN AFRICA: Debt implications of G20/IMF spring meetings A final extension of the Debt Service Suspension Initiative (DSSI) through 31 December 2021 provides a short-term liquidity boost for 26 African countries participating By Anne Frühauf, Malte Liewerscheidt Teneo
report April 6, 2021 NIGERIA: Tussle over naira devaluation amid grim macroeconomic picture On 5 April, unidentified gunmen attacked the police headquarters and freed some 2,000 inmates from a nearby prison in Owerri, the capital of the By Malte Liewerscheidt Teneo
report April 1, 2021 COTE D’IVOIRE: Implications of Gbagbo’s pending return On 31 March, the International Criminal Court (ICC) upheld its earlier acquittal of former president Laurent Gbagbo (2000-2010) and his co-defendant and former youth By Malte Liewerscheidt Teneo
report March 23, 2021 NIGERIA: Tussle over naira devaluation amid grim macroeconomic picture During a foreign-press briefing on 22 March, Finance Minister Zainab Ahmed announced that the government had abandoned the official exchange rate and would instead By Malte Liewerscheidt Teneo
report March 22, 2021 ETHIOPIA: Bondholders might be collateral, not target, of restructuring bid International pressure is building on Prime Minister Abiy Ahmed’s administration over the conflict and humanitarian situation in Tigray. Yet Abiy will find it difficult By Malte Liewerscheidt Teneo
report March 15, 2021 COTE D’IVOIRE: Succession uncertainty by design Prime Minister Hamed Bakayoko’s death from cancer last week leaves his successor Patrick Achi in pole position to take up the reins from President By Malte Liewerscheidt Teneo
report March 10, 2021 GHANA: Scramble for majorities set to continue amid bullish government outlook President Nana Akufo-Addo has presented a bullish post-pandemic recovery plan. The main domestic downside risks stem from overly optimistic revenue expectations and unresolved power By Malte Liewerscheidt Teneo
report March 9, 2021 COTE D’IVOIRE: Cabinet reshuffle amid looming post-election dispute On 8 March, President Alassane Ouattara announced an cabinet reshuffle, necessitated by Prime Minister Hamed Bakayoko’s apparently rapidly deteriorating state of health. As Bakayoko’s By Malte Liewerscheidt Teneo
report March 8, 2021 SUB-SAHARAN AFRICA: First COVAX vaccines arrive, but equity debate intensifies The first COVAX vaccines have now been delivered in 17 African states, enabling a few more countries to finally kick off Covid-19 vaccination campaigns. By Anne Frühauf, Malte Liewerscheidt Teneo
report March 8, 2021 SENEGAL: Pandemic fuels anti-government protests Following last week’s large-scale protests, the situation remains tense after the conditional release of opposition leader Ousmane Sonko. The protests are a conflux of By Malte Liewerscheidt Teneo
report March 1, 2021 NIGERIA: Fuel subsidy makes a comeback On 1 March, the state-owned Nigerian National Petroleum Corporation (NNPC) announced that domestic fuel prices would remain fixed in March, despite the ongoing oil By Malte Liewerscheidt Teneo
report February 25, 2021 SUB-SAHARAN AFRICA: DSSI ‘common framework’ risks facing private creditors Ethiopia’s upcoming debt restructuring negotiations will be closely watched by other sovereigns in the region and private creditors alike. While private sector involvement seems By Anne Frühauf, Malte Liewerscheidt Teneo
report February 17, 2021 KENYA: IMF deal heralds return to international debt markets Reforms under Kenya’s three-year USD 2.4bn deal with the International Monetary Fund (IMF) face political constraints. The Treasury’s fiscal consolidation strategy seems slow but By Anne Frühauf, Malte Liewerscheidt Teneo
report February 16, 2021 NIGERIA: Critical IMF report further dents multilateral loan prospects The International Monetary Fund (IMF) last week published critical and unusually prescriptive assessments of the administration’s macroeconomic policies as part of the annual article By Malte Liewerscheidt Teneo
report February 3, 2021 NIGERIA: Petroleum Industry Bill (PIB) about to enter crucial stage Petroleum Industry Bill (PIB) about to enter crucial stage During last week’s public hearings, industry stakeholders voiced various concerns regarding the bill’s investment provisions. By Malte Liewerscheidt Teneo
report February 1, 2021 SUB-SAHARAN AFRICA: Eurobond Political Risk Monitor Our Eurobond Political Risk Monitor, presented in the attached table, provides a go-to guide of the main political and policy issues in 17 sub-Saharan By Anne Frühauf, Malte Liewerscheidt Teneo
report January 29, 2021 ETHIOPIA: Bondholders might be collateral, not target, of restructuring bid State Minister of Finance Eyob Tekalign has signaled that Ethiopia will try to restructure its external debt under the G20’s ‘Common Framework for Debt By Malte Liewerscheidt Teneo
report January 27, 2021 NIGERIA: Overdue military reshuffle may smooth US security relations On 26 January, President Muhammadu Buhari replaced the four service chiefs in the first reshuffle of the military top brass since taking office in By Malte Liewerscheidt Teneo
report January 14, 2021 NIGERIA: Covid-19 challenges abound Nigeria faces a second wave of Covid-19 infections, with a steady surge since December 2020. The government is hesitant to reintroduce restrictions on movement By Malte Liewerscheidt Teneo
report January 12, 2021 SUB-SAHARAN AFRICA: Implications of Kenya’s DSSI accession On 11 January, the Paris Club announced that Kenya would benefit from the Debt Service Suspension Initiative (DSSI) from 1 January to 30 June By Malte Liewerscheidt Teneo
report January 7, 2021 GHANA: Hung parliament will necessitate compromise On 7 January, President-elect Nana Akufo-Addo will officially commence his second term in office following the inauguration of the new parliament the same day. By Malte Liewerscheidt Teneo
report December 10, 2020 GHANA: President’s narrow victory raises specter of legal challenge In the evening of 9 December, the Electoral Commission of Ghana (EC) declared President Nana Akufo-Addo the winner of Monday’s presidential election with 51.3% By Malte Liewerscheidt Teneo
