How has the rise and fall of commodities impacted Africa?

clock • 2 min read

Commodity markets have divided African nations in to two blocks; the importers and the exporters.

Commodity exporting countries such as Nigeria, Ghana and Zambia are entering a phase of economic adjustment due to the fall in export revenues following price slumps in everything from coal and iron ore, to sugar and copper. Meanwhile, commodity importing countries, particularly oil importers such as Egypt, Morocco and Kenya, are gaining some breathing space to boost the reform-driven phase of investments they are undertaking. The uncertainty and high volatility of commodity markets has the potential to tilt the balance of favour between the two blocks. Commodity super-cycle The ec...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Partner Insight: How effective are impact investments?

Partner Insight: How effective are impact investments?

Impact investing has transformed over the past decade, giving investors the opportunity to pursue both financial returns and social and environmental outcomes.

Sarka Halas
clock 27 March 2024 • 2 min read
Partner Insight: High-yield investors should keep a close eye on the default cycle

Partner Insight: High-yield investors should keep a close eye on the default cycle

As central banks start to think about cutting interest rates, forecasts for a peak in credit default rates are not far behind — and could happen sooner than expected, says Wellington Management’s Alex King.

Sarka Halas
clock 27 March 2024 • 2 min read
Partner Insight: Navigating a new era for investing

Partner Insight: Navigating a new era for investing

Across the developed world, inflation is back and here to stay, says Wellington Management’s John Butler.

Sarka Halas
clock 13 March 2024 • 2 min read
Trustpilot