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Wednesday, 29 June 2016

Impact of Brexit on Kenya and Nigeria Economies

Britain voted to unanimously leave the European Union. Many people around the globe have criticized the move. Some have even predicted doom for the future of the economy of Britain. The world now seems to be in limbo about the current position of Britain. Some economists feel that Britain’s decision was a selfish one aimed at cutting off some countries from benefitting from her. The Prime Minister David Cameron has already announced that he will be stepping down in the month of October after the vote. The question, however remains: is Britain’s exit going to impact negatively on the economies of Africa? Some economic analysts have said that only big economies in Africa are likely to suffer from the Britain’s exit from the European Union. Here are two African economies likely to suffer (...)

Source: sokodirectory.com