News
19 February 2016

Currency depreciation has robbed Africa of any low oil price benefits

Region:
Middle East & Africa

Africa has not benefited from the low crude oil price because of currency deterioration in most countries on the continent, says Indeni Petroleum Refinery Board Chairman, Johnstone Chikwanda. Chikwanda described the currency depreciation as a painful missed opportunity for African countries....

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
26 August 2026

ECAs in Asia: Exploring frictions holding up ECA support

Ahead of Asia 2026, TXF gathered a handful of ECAs to outline why international ECA support still struggles to land in Asia — and where it is starting to work.

Perspective
28 August 2026

The export finance players that broke through

TXF’s export finance data for the first half of 2026 include several banks and ECAs that really upped their games. The key driver of success has been increasing commitments to...