Africa’s stock markets are among the hottest in the world this year, and the ranking of who leads is being redrawn. Nigeria has overtaken Morocco to become the continent’s second-largest market.

South Africa just won its first ratings upgrade in two decades, while the continent’s central banks are splitting three ways on interest rates. Confidence is returning, though unevenly.

Today’s Africa Intelligence Brief covers the continent’s finance, markets, economy, and politics. We pulled it together from English, French, Arabic, Portuguese, Swahili, and Afrikaans sources.

Africa — The World’s Hottest Markets

Among the Best Returns Anywhere