Browsing: financial markets in Africa

African financial markets

The sufficiency of foreign exchange (FX) reserves has generally decreased from the previous year. Ten African Finance Markets Initiative (AFMI) nations will each get US$1.6 billion in IMF financing in 2022 to help them weather the effects of outside shocks.

While efforts to integrate financial markets across Africa are gaining traction, several nations are employing digital technologies to enhance market access, knowledge, and inclusion.

Note: 2021 scores may differ from those released in AFMI last year since they consider newly available data and methodological adjustments.…