Duncan Miriri

Nairobi

Correspondent at Reuters

Reuters correspondent. Rts not endorsements.

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Articles

IMF cuts Angola's 2025 growth forecast to 2.4% on emerging risks

20 hours ago | timeslive.co.za | Duncan Miriri

14 May 2025 - 12:45 Just R20 for the first month. Support independent journalism by subscribing to our digital news package. The International Monetary Fund has cut Angola's preliminary growth outlook, citing lower prices of oil and tightening external financing conditions. File photo.
JPMorgan’s $200m Angola margin call reveals Africa’s new debt pains

5 days ago | timeslive.co.za | Duncan Miriri |Miguel Gomes

09 May 2025 - 11:40 Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Angola's finance minister Vera Daves de Sousa during a Reuters interview at the 2025 annual IMF/World Bank Spring Meetings in Washington DC on April 25 2025. The country, saddled with high external debt to creditors, including oil-backed loans from China, has become emblematic of the dilemma many governments in the region face. File photo.
JPMorgan's $200 million Angola margin call reveals Africa's new debt pains

6 days ago | reuters.com | Duncan Miriri |Miguel Gomes

A man jogs as office buildings under construction are seen in the distance, in Luanda, Angola, August 26, 2022.
Jury is out on whether Africa’s financial stability fund will work

2 weeks ago | businesslive.co.za | Duncan Miriri

EXPLAINER Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers. The AU headquarters in Addis Ababa, Ethiopia. Picture: REUTERS Nairobi — Angola will use its chairmanship of the AU this year to advance the creation of a continental financial stabilisation mechanism, its finance minister says, to cushion economies from sliding into a liquidity crisis due to external debt repayments.
Will Africa's financial stability fund rise to the debt challenge?

2 weeks ago | zawya.com | Duncan Miriri

Angola will use its chairmanship of the African Union this year to advance the creation of a continental financial stability mechanism, its finance minister said, to cushion economies from sliding into a liquidity crisis due to external debt repayments. Here are some key aspects of the proposed African Financing Stability Mechanism (AFSM): WHY ARE AFRICAN LEADERS CREATING THE AFSM?
Sub-Saharan Africa must lift revenue to ride out global turbulence - IMF Africa head

2 weeks ago | marketscreener.com | Karin Strohecker |Duncan Miriri

WASHINGTON/NAIROBI (Reuters) -Sub-Saharan African economies should work to increase their domestic revenue collection to avoid having to take on debt amid "turbulent global conditions", International Monetary Fund Africa Director Abebe Aemro Selassie said.
Oil price drop turns up heat on emerging market crude exporters

4 weeks ago | bilyonaryo.com | Duncan Miriri |MacDonald Dzirutwe

SOURCE: Reuters Oil price drop seen hitting exporters disproportionately Angola faced a margin call after bond market rout Nigeria’s carry trade stops being attractive on oil fall Gulf exporters likely to weather pressure better thanks to reserves, lower debt By Duncan Miriri and MacDonald Dzirutwe NAIROBI/LAGOS, April 15 (Reuters) – A steep drop in crude oil prices largely due to U.S. President Donald Trump’s tariffs will squeeze budgets of emerging market oil exporters, analysts said, while...
Analysis-Oil price drop turns up heat on emerging market crude exporters

1 month ago | ca.finance.yahoo.com | Duncan Miriri |MacDonald Dzirutwe

By Duncan Miriri and MacDonald Dzirutwe NAIROBI/LAGOS (Reuters) -A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could also curb any benefits for importers.
Kenya pivots to China, away from France for 1.3-billion euro highway deal

1 month ago | ca.marketscreener.com | Duncan Miriri

NAIROBI (Reuters) - Kenya will terminate a 1.3-billion euro highway expansion deal with a consortium led by France's Vinci SA with the project expected to go to a Chinese contractor instead, government officials and sources said. The deal to turn 140 km (87 miles) of single-lane road into a multilane highway linking the capital Nairobi to the Rift Valley city of Nakuru was signed in Paris in 2020 during a visit by then-President Uhuru Kenyatta.
Drop in riskier emerging market bonds stokes concerns over market access

1 month ago | msn.com | Colleen Goko |Duncan Miriri

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