Africa Chart Pack Political problems piling up Political developments dominating the news in Sub-Saharan Africa over the past month threaten to add to the headwinds facing economic recoveries. Protests in Nigeria that were initially focused on... 29th October 2020 · 12 mins read
Africa Chart Pack Growth concerns mounting in Nigeria Nigeria is facing an uphill battle to breathe life into its economic recovery. Following a sharp 6.1% y/y fall in GDP in Q2, more recent figures suggest that activity remains muted. Admittedly, Google... 29th September 2020 · 13 mins read
Africa Chart Pack Political headwinds mount as recoveries stutter Many African policymakers have further eased coronavirus-related restrictions in recent weeks, but there are signs that economic recoveries have stalled at the start of Q3. High-frequency data from... 27th August 2020 · 12 mins read
Africa Chart Pack Recovery threatened by rising virus cases The past month has brought further signs that countries across Sub-Saharan Africa are struggling to bring the coronavirus under control. Of course, the true extent of the spread of the virus is... 31st July 2020 · 13 mins read
Africa Chart Pack Not out of the woods The recovery in global risk appetite and in commodity prices has eased strains in balance of payments across the region. But conditions remain much worse than the they were before the crisis flared up... 23rd June 2020 · 13 mins read
Africa Chart Pack Lockdowns lifting Governments across much of Sub-Saharan Africa have moved towards lifting coronavirus containment measures in recent weeks but, with the exception of South Africa, this has much more to do with... 29th May 2020 · 13 mins read
Africa Chart Pack Debt risks growing The risk of further sovereign defaults has risen across the region this month. Rwanda has joined Zambia in seeking to restructure its sovereign debt. And the collapse in oil prices will put more... 30th April 2020 · 10 mins read
Africa Chart Pack Africa: Oil prices, virus outbreak batter economies Given the pace at which the coronavirus is disrupting activity both in Africa and globally, most of the backward-looking figures released this month probably tell us very little about the current... 26th March 2020 · 10 mins read
Africa Chart Pack Warning lights across the region Recent news added to our general sense of pessimism about most African economies in 2020. While the region has yet to report any cases of the new coronavirus, falling commodity prices are already... 27th February 2020 · 13 mins read
Africa Chart Pack Policymakers step up African central banks had a busy month in January. Policymakers in South Africa and Kenya surprised the markets (and us) by cutting their key rates by 25bp. We expect that both countries’ central... 31st January 2020 · 13 mins read
Africa Chart Pack South Africa: A year to forget The final round of South African data released this year supported our view that the economy faltered in recent months. Output fell by 0.6% q/q saar in Q3, and the latest figures suggest that the... 18th December 2019 · 13 mins read
Africa Chart Pack Regional giants both stumble Figures released over the past month painted a very downbeat picture of economic conditions in Africa’s two largest economies. Growth in Nigeria did, admittedly, pick up a touch in Q3. But activity... 28th November 2019 · 14 mins read
Africa Chart Pack Africa: Policy moves make headlines in key economies Policymakers in South Africa and Angola admitted the severity of their countries’ economic problems this month, while their Nigerian peers moved further down the road to autarky. South Africa’s... 31st October 2019 · 14 mins read
Africa Chart Pack Growth and debt worries mount across the region Figures released over the past month brought bad news for almost all of Sub-Saharan Africa’s key economies. After a surprisingly-strong rebound in Q2, growth in South Africa seems to have slowed at... 26th September 2019 · 13 mins read
Africa Chart Pack African reform: Two steps forward, one step back Officials in Ethiopia and South Africa enacted or proposed key economic reforms this month, while their peers in Nigeria retreated towards more protectionist policymaking. Recent developments have... 29th August 2019 · 14 mins read
Africa Chart Pack New Eskom bailout rocks rand News that South Africa’s government agreed to provide another 60bn rand (US$4.2bn) bailout to Eskom between now and 2021 caused the rand to weaken by 2.3% against the US dollar due to fears that this... 31st July 2019 · 14 mins read
