Kenya

Bond investors rush into high yielding bonds on receding EM debt crisis fears, but the polycrisis pressure is still on

Ben Aris in Berlin November 25, 2022

The polycrisis has eased off and the US Fed signalled that it will slow rate hikes as inflation appears to be peaking. That is good news for EM markets and investors have been buying high yielding debt as default fears abate.

The number of people without access to electricity is rising for the first time in decades, mostly in Africa

bne IntelliNews November 15, 2022

The number of people without access to electricity is rising for the first time in decades, says IEA, thanks to the energy crisis.

ING: Back to the 80s? What soaring inflation, US rate hikes and a stronger dollar mean for EM sovereign debt

James Wilson sovereign EM strategist at ING September 11, 2022

Soaring inflation, rate hikes and a stronger dollar are reminiscent of the early 1980s – a decade that brought a wave of EM sovereign debt crises. This year has already seen Sri Lanka default, hit by an external liquidity crisis.

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