Morgan Stanley Sours on Kenyan Debt as Angola Offers Opportunity
Published on: Tuesday 25 July 2023
(Bloomberg) -- Morgan Stanley is turning cold on Kenyan assets as deadly protests rattle the nation’s capital, urging investors to look south for opportunities in Angola after a recent currency devaluation.Most Read from BloombergUK Billionaire Joe Lewis Charged in US With Insider TradingChina Replaces Foreign Minister After Mysterious AbsenceRolex, Patek Prices to Keep Falling as Supplies Remain High, Morgan Stanley SaysNatWest CEO Alison Rose Steps Down After Nigel Farage RowPowell Has Stopped