#Angola is considering issuing Panda bonds in China and sukuk in #MiddleEastern markets to diversify its funding base and reduce reliance on traditional investors consumers. #ThinkAfrica

#Ghana: #Fuel prices are expected to decline under the second October pricing window, offering some relief to consumers. #ThinkAfrica

We expect a move below 16.45 to precipitate a shift to 16.36 today. Our technical framework now signals a potential progressive shift to 16.22 in the days/weeks ahead. #Markets

#USD/#ZAR held steady below the 16.50 psychological mark, dipping back to test a move below technical support at 16.45 this morning. #Markets

🇺🇸/ZAR at 16.47 ⬆️ 🇪🇺/ZAR at 18.46 ⬇️ 🇬🇧/ZAR at 21.95 ⬆️ 🇨🇳/ZAR at 2.46 ⬇️ 🛢️Oil at USD108.16 ⬆️ #Markets

#Namibia: We expect the @BankofNamibia #MPC to hike by another 25bp to 7.00% at its October meeting. #ThinkAfrica

The #rand strengthened through 16.45 to #trade around 16.43 this morning. #Markets

🇺🇸/ZAR at 16.43 ⬇️ 🇪🇺/ZAR at 18.48 ⬇️ 🇬🇧/ZAR at 21.90 ⬇️ 🇨🇳/ZAR at 2.46 ⬇️ 🛢️Oil at USD105.06 ⬆️ #Markets

#Nigeria: We expect #HeadlineInflation to edge up to 15.6% y/y in September from 15.4% in August, reflecting the pass-through effect of still-high #energy prices linked to the #MiddleEast conflict. #ThinkAfrica

#Botswana: We expect the #HeadlineInflation rate to have fallen further to 8.5% y/y in September, down from 9.3% in August. #ThinkAfrica

While technical indicators suggest volatility risks remain elevated, we believe upside gains are likely capped at 16.60. #Markets

#USD/#ZAR briefly broke above technical resistance at 16.60 following the #US #CPI release, reaching 16.66 before correcting to 16.55 overnight. #Markets

🇺🇸/ZAR at 16.56 ⬆️ 🇪🇺/ZAR at 18.57 ⬆️ 🇬🇧/ZAR at 21.94 ⬆️ 🇨🇳/ZAR at 2.47 ⬇️ 🛢️Oil at USD104.02 ⬇️ #Markets

#Uganda: We expect the @BOU_Official to tighten monetary policy at its special meeting today. #ThinkAfrica

We expect #inflation to print below consensus, which should support a firmer rand and see #USD/#ZAR extend its decline towards our near-term target of 16.36. #Markets

#USD/#ZAR has recovered to around 16.45, aided by a softer dollar and lower Treasury yields, although today's #US #CPI release remains the key catalyst. #Markets

🇺🇸/ZAR at 16.49 ⬆️ 🇪🇺/ZAR at 18.48 ⬆️ 🇬🇧/ZAR at 21.87 ⬆️ 🇨🇳/ZAR at 2.46 ⬇️ 🛢️Oil at USD106.13 ⬆️ #Markets

#Ghana: The #COPEC has called for crude supplied to domestic refineries to be paid for in cedis rather than #US dollars, arguing that requiring local refiners to source #FX for domestically produced crude puts pressure on the local currency. #ThinkAfrica

#Egypt: The Central Bank of Egypt reported that the current account deficit widened to USD22.5bn in FY25/26, up from USD15.4bn in the previous fiscal year, driven mainly by a larger trade gap. #ThinkAfrica

#Tanzania revised its 2025 nominal #GDP upward by 2.6% to TZS243.3trn (USD95.9bn) following the rebasing of national accounts from 2015 to 2019. #ThinkAfrica