Since the onset of Covid-19, financial markets around the world have been plagued by challenges and African markets have not been immune to these headwinds, says Jeff Gable, Head of Macro and Fixed Income Research at Absa Group. We've seen rising interest rates, growth hampered by slow vaccination roll-out campaigns and volatile commodity prices. Russia's recent invasion of Ukraine only intensify these pressures. In the midst of this, we saw some evidence of deterioration in certain elements of financial market development across the continent. In the context of the 2021 edition of ...
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