The Afronomics Morning · Thursday 5 November
Africa’s markets before 07:30
- Nigeria’s 364-day Treasury bill cleared at 15.80%, unchanged.
- The Angolan kwanza gained 2.64% against the dollar overnight.
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Against the dollar
| Angolan kwanza | 917.3 | +2.64% |
| Ugandan shilling | 4092.2 | +0.54% |
| Algerian dinar | 136.0 | −0.23% |
| Congolese franc | 2311.8 | +0.17% |
| Tanzanian shilling | 2640.2 | +0.17% |
| Ethiopian birr | 161.7 | +0.14% |
| Botswana pula | 14.093 | +0.08% |
| Egyptian pound | 55.371 | +0.08% |
Change in each currency’s value against the dollar from 3 Nov to 4 Nov. Positive means the currency strengthened.
Source: ExchangeRate-API · daily mid-market reference, archived by Afronomics
Auctions
Results in since the last note
| Market | Tenor | Rate | Change | Date |
|---|---|---|---|---|
| Nigeria | 91-day | 15.40% | ±0 bps | 4 Nov |
| Nigeria | 182-day | 15.79% | ±0 bps | 4 Nov |
| Nigeria | 364-day | 15.80% | ±0 bps | 4 Nov |
| Uganda | 91-day | 11.20% | −5 bps | 5 Nov |
| Uganda | 182-day | 13.00% | −40 bps | 5 Nov |
| Uganda | 364-day | 14.75% | +25 bps | 5 Nov |
| Egypt | 91-day | 25.00% | +68 bps | 3 Nov |
| Egypt | 182-day | 25.46% | +29 bps | 3 Nov |
| Egypt | 364-day | 26.08% | +16 bps | 3 Nov |
| Malawi | 91-day | 12.00% | ±0 bps | 3 Nov |
| Malawi | 182-day | 14.50% | ±0 bps | 3 Nov |
| Malawi | 364-day | 16.00% | ±0 bps | 3 Nov |
Headlines
What matters this morning
- JD Vance blames Iran war, Israel ties for Republican midterm defeat
Moneyweb·South Africa
- Nigeria’s economy grows, but rising business costs threaten recovery
BusinessDay·Nigeria
- What is shaping South Africa’s gaming landscape?
Moneyweb·South Africa
- Edo signs MoU with China Express Airline, KDN Aero for proposed state-owned carrier
Nairametrics·Nigeria
- Mozambique: Two Court Battles Challenge Frelimo Attempts to Channel Foreign Trade Through Party Oligarchs
AllAfrica·Mozambique
- Bitget brings stablecoin payments to Nigerians as crypto market expands
BusinessDay·Nigeria
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