Africa is running at two speeds at once. Its stock markets are among the world’s hottest, yet on the ground businesses are struggling under rising costs.
Five of the continent’s eight largest economies saw business activity shrink in May, and Kenya’s inflation hit a two-year high. Nigeria, though, defied the trend with the strongest activity on the continent.
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 — A Tale of Two Speeds
The Markets Soar
