African economies bounce back as energy prices tumble, PMIs show

Brent for November settlement climbed 2.6% to $107.02 a barrel at 12:54 p.m. in Singapore.

African economies from South Africa to Kenya bounced back in June and may get a further boost in coming months as the economic toll of the Iran conflict dissipates.

Gauges measuring private-sector sentiment rose in five of six African economies tracked by S&P Global, according to data released this week.

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