Ghana's central bank drew three dollars of bids for every one on offer, South African core inflation hit a two-year high, and Zambia's kwacha ignored an election.
Africa
Africa Intelligence Brief
Africa Intelligence Brief August 20, 2026: Ghana Asked For Dollars, Three Times Over
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August 20, 2026
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10 min read
Executive Summary
Africa Intelligence Brief for August 20: Ghana's central bank received US$399 million of bids against US$125 million on offer, and South African core inflation reached a two-year high.
South Africa
JSE Top 40
108,146
-0.29%
Nigeria
NGX 30
4,649
+0.60%
Egypt
EGX 30
55,040
+0.38%
Kenya
NSE 20
3,533
+0.20%
Morocco
MASI
18,951
+0.00%
Ghana
GSE
14,568
-2.15%
USD/ZAR
Spot
16.16
-0.28%
USD/NGN
Official
1,359
-0.08%
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