Covid-19, tumbling oil prices could trigger capital exodus from Africa, Fitch warns
Top oil exporters such as Nigeria and Angola are especially vulnerable to the plunge in crude
10 March 2020 - 18:50
Abuja — The spread of the coronavirus and tumbling oil prices could trigger a capital exodus from Africa, where governments have few tools available to battle external shocks, Fitch Ratings says.
Top oil exporters such as Nigeria and Angola are especially vulnerable to the plunge in crude...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.