Market Summary 2025

This report analyzes the shift from crisis management to structural stabilization across key African economies and the global market in 2025.

• Nigeria's Transformation: Following high-stakes fiscal corrections and exchange rate unification, the Naira anchored within a transparent range of ₦1,400 to ₦1,550. Inflation saw a disinflationary success, dropping from 34% to 14.45% by late 2025, driven by aggressive monetary tightening and reduced energy costs.
• Ghana's Redemption: Ghana transitioned from debt distress to fiscal credibility, with the Cedi seeing a resurgence supported by a Gold-for-Reserves program. Inflation crashed to single digits (6.3%), and the country's credit rating was upgraded following a landmark Eurobond redemption.
• Kenya's Yield Rotation: Kenya led the continent in interest rate cuts, stimulating private sector credit and pushing the Nairobi Securities Exchange to multi-year highs. A successful $1.5 billion Eurobond issuance effectively dismantled the sovereign default narrative.
• Global Context: Despite tariff shocks and onshoring trends in the U.S., global equity markets posted strong gains driven by the explosive performance of AI-driven companies.

Our Solutions (Cede)

The summary highlights Cede's role in providing the treasury infrastructure and trade solutions necessary to navigate these markets.

• Global Trade Advisory: Helping businesses navigate complex corridors and accelerate cross-border operations.
• Trade Finance: Providing working capital and structured payment flows for trade-related needs.
• Treasury Risk Management: Offering hedging tools and derivatives to protect against FX volatility and macroeconomic shocks.
• Borderless Payments: Enabling businesses to seamlessly send and receive payments across multiple countries and currencies.