The 10 African markets to watch in 2020

Nigeria’s commercial hub Lagos. Picture: Reuters
JOHANNESBURG – Global bond traders who ventured into Africa this year have reaped rich rewards.
The continent’s sovereign dollar debt has generated total returns of 20% since the start of 2019, more than any other region in emerging markets.
Local bonds have also performed strongly. Egyptian pound and Nigerian naira bonds each returned more than 30% in dollar terms.

Source: iol.co.za