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Sub-Saharan Africa: Where will growth outperform expectations?
Investor sentiment toward emerging markets has shown a meaningful improvement since mid-2016. The IHS Markit Purchasing Managers Index shows a significantly improved outlook in Nigeria and Zambia, although conditions in Kenya and South Africa remain subdued. Key risk factors from capital controls to disputed leadership battles also persist across the region, raising questions around whether early indicators of rebound are credible.
Key questions we will address: