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Oil: challenges facing African central banks

Oil: challenges facing African central banks

Business Africa

Will African economies be able to cope with OPEC’s announced decline in oil production over the next 6 months? This was already being discussed the day after Riyadh’s call to reduce global production by one million barrels a day.

According to some producing countries such as Nigeria or Angola, this decision could have a significant impact, particularly on their local currencies.

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