Compilation of Frontier Market related articles across the web from 27th July 2020 to 2nd August 2020. Last week’s edition can be found here.
Articles of the Week:
Vietnam continued its clean energy and Environmental, Social and Governance (ESG) push after policy officials gave the OK for three new wind power generation projects in the space of a week. They will be located in Tra Vinh, La Gan and the Mekong Delta provinces.
The World Bank has estimated that the Vietnamese economy will grow by 2.8% this year, making it the fifth fastest-growing economy in the world “behind a small group of African countries”.
Ghana Telecommunications Market 2020: By Key Players, Growth, Industry Trends Analysis And Forecast To 2025
A detailed report into Ghana’s telecommunications market – including mobile communication, fixed telephone and fixed broadband markets – has been released with analysis of the trends of the last few years, as well as a forecast to 2025.
There has been a significant uptick in investors utilising online trading on the Jamaican Stock Market this year as volumes from the beginning to the end of July have exceeded total volumes in 2019. The step away from the “traditional” methods of trading stocks on the market will be seen as a positive sign for Jamaica.
The International Monetary Fund (IMF), the US Treasury, the International Capital Market Association (ICMA) and the Institute of International Finance (IIF) are among the organisation that have been informally approached by bondholders of Argentine debt securities. The government’s talks with its creditors are currently in deadlock over $65 billion worth of securities.
Statistics of the Week:
- Nigeria’s Manufacturing PMI for July was recorded at 44.9 (vs 41.1 previously).
- Latvia’s YoY GDP Growth Rate showed a contraction of -9.8% in Q2 2020 (vs -1.5% previously).
- Sri Lanka’s inflation rate rises slightly to 4.2% in July from 3.9%.
- Ukraine’s Current Account surplus falls by almost half from $1.5bn to $0.8bn in June.