Africa Poised for Rate-Hike Week, Though Outliers Multiply

Africa’s three biggest economies are poised to raise interest rates this week, while policy makers in several other countries stake out different approaches to navigate inflation shocks and bring prices under control.

The central banks of Nigeria, South Africa and Egypt are among six likely to tighten monetary policy in the days ahead. Another six countries are set to pause as they assess the impact of previous hikes and relief measures to contain prices. Angola may join a handful of nations that cut borrowing costs this year.