Across Africa, Rebound Proves Fragile


Across Africa, Rebound Proves Fragile
BY PATRICKMCGROARTY AND DREW HINSHAW
The Wall Street Journal Europe
May 30 2014

JOHANNESBURG—African currencies are plunging even as capital flows back to the developing world, a sign of the challenge the continent faces in attracting foreign investment. Ghana’s cedi and Zambia’s kwacha hit record lows against the U.S. dollar…read more…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s