During a recent US-Africa forum in New York, US president Barack Obama said that all of Africa produces about as much as France.
Kenya and Nigeria best-performing bond markets among emerging markets. Investors in Nigeria registered returns of 40% and in Kenya 56% since 2014.
ALERT: They are both happy figures, and not so happy ones
The cedi was Africa’s worst-performing currency, against the dollar in 2014, and slowing agriculture dragged down Kenya’s 2014 4th quarter growth.