Go to ...

Across Your Markets

Change in commodity futures prices in 2018: Cocoa (+28%); Wheat (+17.9%); Maize (+6.9%); Natural gas (-0.4%); Gold (-2.1%); Soyabeans (-2.1%); Cotton (-8.2%); Rough rice (-13.6%); Platinum (-14.8%); Arabica coffee (-19.3%); Brent crude oil (-19.6%); Copper (-20.3%); Sugar (-20.3%);     LafargeHolcim is expanding cement production capacity in Cameroon to 2.1million tonnes from 1.6 million tonnes to compete more aggressively with Dangote which plans to boost capacity to 3 million tonnes within 3 years

FrancTrade on LinkedInRSS Feed

Monday, October 21, 2019

Macro-Fundamentals

Franc commentary:The CFA franc and what the Italian deputy PM said

“Luigi Di Maio, Italian deputy prime minister… accused the French government of manipulating the economies of mainly former French colonies in Africa, which use a form of the pre-independence currency known as a CFA franc.” Source: BBC Franc commentary: Myriad of African economists have argued on both sides of this issue over recent decades, so, that

The risk of debt distress in the CFA franc zone

Most of the CFA franc zone countries in both central and west Africa are currently considered to be at moderate risk of debt distress. Of the remaining four, three are deemed to be at high risk of debt distress–Cameroon, the Central African Republic and Chad; while Senegal is at low risk. None of the countries profiled is

China’s USD60 billion pledge to Africa

The just ended Forum on China-Africa Cooperation (FOCAC) in Beijing,China showcased South-South cooperation at a time when protectionist policies have gained ground in some major economies and which risk undermining North-South partnerships. China’s pledge of another USD60 billion in additional support for African countries has fueled debate on the sustainability of China’s financial and trading relationship with Africa. Meanwhile,

Franctrade–How the UK trades with the CFA franc zone

Highlights Franctrade estimates the UK’s total trade with Africa fell 4% in 2017 to US$ 24.6 billion. This compares with a 4% increase in the UK’s trade with the world during the same period; Total CFA franc zone trade with the UK fell 14% in 2017 (est), steeper than the decline in the UK’s trade

FrancSterling Index (FSI): Sterling still-sluggish vs the CFA franc

FrancSterling Index: Franctrade introduces its FrancSterling Index (FSI) tracking the trade-weighted west and central African CFA franc (CFAF) against the British pound sterling (GBP). Sterling has been softer vs. the CFAF with the currency largely weighed down by market concerns related to Brexit.  A moderate recovery in the index in Q2-2017 and Q4-2017 has not

Older Posts››