A Cabanga Africa Publication
Africa Thinks Here
On-the-ground business intelligence in Botswana and Lesotho, since July 2019.
S&P’s B-/B affirmation points to higher hydrocarbon and mining production, infrastructure investment and services—but the same concentration that supports growth also defines the frontier-market risk.
Nigeria’s suspension of parliamentary engagements with South Africa shows how political disputes can move quickly into the channels that support trade, investment and cross-border confidence.
S&P’s decision to keep Botswana at BBB- with a negative outlook puts the same structural question back on the table: how quickly can the economy reduce its dependence on diamonds?