Dollar Cycles, Middle East Tensions Keep Africa’s Industries At Risk – Manufacturers

The Pan-African Manufacturers Association (PAMA) has stated that while some African currencies, like Nigeria’s naira and Kenya’s shilling, have experienced stability in 2026, the fundamental mismatch between local-currency revenues and dollar, euro, and renminbi-priced inputs remains a significant issue. The Association stated that recent perceptions of currency strength in Africa may suggest macroeconomic improvement; however, […]

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