LEAF

US-Iran Peace Deal: Africa’s Economic Test

The U.S.-Iran peace framework matters for Africa not because it resolves the continent’s structural vulnerabilities, but because it temporarily reprices several global risks to which African economies are unusually exposed. The reported agreement has reduced the immediate probability of a severe disruption around the Strait of Hormuz and has contributed to a softer oil-risk premium […]
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Africa’s $1.9 Trillion Debt Question

Africa’s public debt expanded from $510 billion in 2008 to $1.83 trillion in 2024, a 253% increase in 16 years. But the deeper story is not just how much African nations owe. It is who owes it, how debt is structured, and whether the continent can manage repayment without weakening growth. That is the central […]
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The $102 Trillion Debt Question

Global public debt reached a record $102 trillion in 2024, equal to 93% of global GDP. Africa accounts for only about 1.9% of that debt, yet many African economies borrow at rates of 8% to 15%, compared with roughly 2% to 3% for the United States and China. That is the imbalance at the center […]
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Africa’s Capital Market Divide:  A Tale of Two Offerings  

Africa’s Capital Market Divide:  A Tale of Two Offerings   Africa’s financial markets are entering a defining phase. Large corporations are no longer just seeking capital; they are testing where African corporate value should ultimately be created and owned. Two major players, Dangote Petroleum Refinery and OPay Digital Services, a Chinese-founded, Nigeria-based fintech company, now sit at the center of that debate.   […]
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South Africa’s R50 Billion AI Economy: Bypassing Physical Constraints for Digital Growth

South Africa's 50 Billion Rand AI Economy: Bypassing Physical Constraints for Digital Growth South Africa’s economy is currently fighting heavy headwinds. With overall economic growth projected at a modest 1.2% to 1.4% percent, the macroeconomic narrative is often dominated by persistent challenges. Inefficient logistics, elevated debt service costs, and repeated bailouts for state owned enterprises […]
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US-Iran War Africa Impact: Second-Round Shock

The market no longer believes in a ceasefire headline on its own.  Africa is no longer dealing only with the first-round panic from the US-Iran war. It is now facing a more dangerous phase: a fragile truce, disrupted shipping, volatile energy prices, and second-round pressure on food, currencies, debt, and growth.   That shift matters because the […]
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