African sovereigns and banks will face significant challenges in 2022

Aurelien Mali of the Sovereign team and Jorge Rodriguez-Valez of the Credit Strategy team discuss the outlook for Sub-Saharan African sovereigns and African banks as they grapple with the pandemic’s lasting effect on the region’s economies. 

Related content on Moodys.com (some content only available to registered users or subscribers): 

• Sovereigns – Sub-Saharan Africa - 2022 outlook negative amid fragile recovery, persistent external risks and limited scope for adjustment
• Banks – Africa - Problem loans will deteriorate moderately with limited impact on capital for most African banks