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Q & A Session: African Economic Review and Outlook
CMnAfrica: Retrospectively, in your opinion, what are the significant changes you noticed in African economies during the first half of 2016? GADIO SAMIR: Market sentiment towards emerging markets and Sub-Saharan Africa was initially poor in early H1-2016. The oil price fell to new lows in Q1 which reinforced this bearish bias. African Eurobond valuations widened to record highs while foreign interest in local markets was rather subdued. However, risk conditions improved from mid-Q1 and even…
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