From Angola to Zimbabwe: Guide to Key Africa Markets in 2018

<p style&equals;"text-align&colon; justify&semi;">For bond investors&comma; Africa was a happy hunting ground last year&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover from the commodity bust of three years ago&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">But risks abound&comma; among them policy tightening in advanced economies&comma; local and global politics&comma; weakening currencies and another fall in oil prices&period; And then there is credit risk&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><a href&equals;"http&colon;&sol;&sol;www&period;africanbusinesscentral&period;com&sol;news&sol;mozambique">Mozambique<&sol;a> and <a href&equals;"http&colon;&sol;&sol;www&period;africanbusinesscentral&period;com&sol;news&sol;republic-of-congo">Republic of Congo<&sol;a> missed Eurobond payments in 2017&comma; while countries including <a href&equals;"http&colon;&sol;&sol;www&period;africanbusinesscentral&period;com&sol;news&sol;cameroon">Cameroon<&sol;a> and <a href&equals;"http&colon;&sol;&sol;www&period;africanbusinesscentral&period;com&sol;news&sol;zambia">Zambia<&sol;a> agreed or began talks on bailouts with the International Monetary Fund&period; And since <a href&equals;"http&colon;&sol;&sol;www&period;africanbusinesscentral&period;com&sol;news&sol;namibia">Namibia<&sol;a> and <a href&equals;"http&colon;&sol;&sol;www&period;africanbusinesscentral&period;com&sol;news&sol;south-africa">South Africa<&sol;a> were downgraded to junk&comma; the continent has been left without any investment-grade foreign-currency issuers&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Read more&colon; <a href&equals;"https&colon;&sol;&sol;www&period;bloomberg&period;com&sol;news&sol;articles&sol;2018-01-01&sol;from-angola-to-zimbabwe-a-guide-to-africa-s-key-markets-in-2018" target&equals;"&lowbar;blank" rel&equals;"noopener">From Angola to Zimbabwe&colon; Guide to Key Africa Markets in 2018 – Bloomberg<&sol;a><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Source&colon; <a href&equals;"http&colon;&sol;&sol;www&period;africanbusinesscentral&period;com">African Business Central<&sol;a><&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;