Frontier Africa Reports

Frontier Opening Bell - Monday, March 20, 2023

A 'Coalition of the Willing' central banks from the USFED to Canada and Europe moved to prevent Credit Suisse collapse contagion but sub-Saharan African banks have little to worry on their relatively low-level of correlation with the developed markets and the banking system, as well as big deposits, robust capital base and liquidity. That's according to Moody's Investor Service. In the meantime, welcome to the curtain raising week on frontier Africa central banks' rate-setting meetings with Nigeria making announcements tomorrow the 22nd.