Africa Economics Weekly

SA activity, naira gains to fade, Ghana election

While data out this week showed renewed struggles in South Africa’s mining sector, other figures suggest that a recovery has taken hold in Q4, which should accelerate next year with help from lower...

13th December 2024 · 6 mins read

Africa Economics Weekly

SA GDP, Biden’s Angola visit, Ghana election

The surprise 0.3% q/q contraction in South Africa’s GDP was largely due to a slump in agriculture which should unwind. Along with low inflation and continued monetary easing, we expect the economic...

6th December 2024 · 7 mins read

Africa Economics Update

Ghana’s election: after the crisis

The main presidential candidates and their parties in Ghana’s upcoming election appear to be committed to restoring fiscal discipline and getting inflation under control. That said, the opposition NDC...

3rd December 2024 · 9 mins read

Africa Chart Pack

Africa Chart Pack (Nov. 2024)

Lower inflation and interest rates, as well as easing supply-side constraints, should lead to a pick-up in regional growth in the coming quarters. But multiple headwinds, including (for some) a...

27th November 2024 · 0 mins read

Africa Chart Pack

Africa Chart Pack (Oct. 2024)

Disinflation and looser monetary policy are setting the scene for stronger growth across Sub-Saharan Africa, and we expect growth to pick up in the coming quarters. But there are several headwinds...

31st October 2024 · 0 mins read

Emerging Markets Economics Focus

EM debt restructurings: light at the end of the tunnel?

Several EMs have reached provisional agreements with creditors to restructure their sovereign debts in recent months, including Zambia, Ukraine, Sri Lanka and Ghana. In principle, restructurings...

17th October 2024 · 21 mins read

Africa Economics Weekly

Mozambique’s election, SA surveys, Ghana debt deal

Mozambicans head to the polls on Wednesday with the ruling Fremilo party widely expected to hold on to power. The elections come amid growing signals that key gas projects, which are vital to the...

4th October 2024 · 5 mins read

Africa Chart Pack

Africa Chart Pack (Sep. 2024)

Falling inflation and looser monetary policy will help GDP growth to accelerate across Sub-Saharan Africa from early next year. But the external environment will provide mixed fortunes, as falling...

27th September 2024 · 0 mins read

Africa Economic Outlook

Recovery to be held back by fiscal constraint

A combination of falling inflation and looser monetary policy should help growth to accelerate across Sub-Saharan Africa from early next year. But tight fiscal policy will constrain the recovery and...

25th September 2024 · 19 mins read

Africa Economics Weekly

SARB’s paradox, floods in West Africa and Sahel

The South African Reserve Bank (SARB) outlined a “goldilocks” scenario of stronger growth and lower inflation at its MPC meeting this week and, if supply side constraints continue to ease, it may feel...

20th September 2024 · 7 mins read

Africa Chart Pack

Africa Chart Pack (Aug '24)

GDP growth looks set for a modest pick up over the coming quarters as inflation falls back in most SSA economies and monetary easing cycles broaden out. The external environment will remain...

23rd August 2024 · 0 mins read

Africa Economics Weekly

Mpox, SA’s geopolitical pivot

This week, the WHO declared mpox a global public health emergency amidst a surge in cases in parts of Africa. Beyond the human tragedy, there may be disruption to economic activity in the region, with...

16th August 2024 · 6 mins read

Africa Economics Weekly

Market turmoil and Africa, Uganda and Kenya rate cuts

Idiosyncratic factors seemed to play a bigger role than the recent global financial market turmoil in driving African markets this week. But while the fall in oil prices may be overdone, African...

9th August 2024 · 7 mins read

Africa Chart Pack

Africa Chart Pack (Jul. 2024)

GDP growth is likely to pick up over the coming quarters as inflation falls back in most SSA economies and monetary easing cycles broaden out. The external environment will remain challenging...

31st July 2024 · 0 mins read

Africa Economics Weekly

Nigeria rate cuts, Kenya instability, Ghana inflation

Nigeria’s central bank governor this week hinted that rate cuts may soon be on the cards but there are still upside inflation risks on the horizon that could scupper those plans. Meanwhile, Kenyan...

12th July 2024 · 7 mins read