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Africa's biggest economies to go out of recession [Business Africa]

Business Africa

Africa’s two biggest economies likely out of recession

Hopes are high for Africa’s economic giants Nigeria and South Africa as polls show a possible emergence from the economic recession in the second quarter.

Both have benefited from a recovery in commodity prices since early 2016 and they have bounced off the bottom, but the sustainability is in question.

Experts say Nigeria needs a single FX policy and South Africa needs more policy certainty.

Aly-Khan Satchu, CEO of Rich Management in Nairobi spoke further on the issue.