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Commodities Briefing - Categorized | Commodity Crisis, Market Moves, Price Watch more

Low commodity prices strain Nigeria and Angola’s economic confidence

Posted on 11 February 2016

Many African economies are feeling the pressure of low commodity prices as shown by the YPO’s Global Pulse world ranking. According to the survey, economic confidence shows the region at its lowest in six years.
According to the YPO Economic confidence, Africa plunged in the final quarter of 2015, falling to its lowest level in six years, and below that of every other region in the world. Carl Bates, a YPO member, says economic confidence was an indicator of where the region was going in the short to medium term………………………………………..Full Article: Source


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