Africa Economic Outlook Tight fiscal policy to constrain the recovery Growth in Sub-Saharan Africa is set to accelerate over the next couple of years, helped by a more favourable external environment as well as falling inflation and interest rates. But tight fiscal... 27th June 2024 · 19 mins read
Africa Chart Pack Africa Chart Pack (May. 2024) Regional growth appears to have stabilised in Q1 and we think that a better external environment will provide a boost in the near term. Still, we think GDP growth will undershoot consensus... 28th May 2024 · 0 mins read
Africa Chart Pack Africa Chart Pack (Apr. 2024) Regional growth appears to have picked up in Q1 and we think that will continue, helped by an improved external environment. But inflation is set to fall back more slowly than previously expected... 25th April 2024 · 0 mins read
Africa Economics Update The economic effects of the drought in southern Africa El Niño is causing severe drought across much of southern Africa, which is likely to weigh on GDP, push up inflation and strain balance sheets. South Africa has also suffered water shortages, albeit... 4th April 2024 · 4 mins read
Africa Economics Weekly Zambia clears debt hurdle, CBN stepping up Zambia secured an debt restructuring deal with private bondholders this week. It looks like it has the seal of approval from official creditors, paving the way for the country to finally exit default... 28th March 2024 · 6 mins read
Africa Chart Pack Africa Chart Pack (Mar. 2024) Sub-Saharan Africa will record a pick-up in growth over the coming years, helped by an improving external environment. But tight fiscal and monetary policy will constrain the recovery and our GDP... 28th March 2024 · 0 mins read
Africa Economic Outlook Recovery stuck in low gear Sub-Saharan Africa will record a pick-up in growth over the coming years, helped by an improving external environment reducing the threat of further large currency falls as well as sovereign defaults... 27th March 2024 · 20 mins read
Africa Economics Weekly Nigeria rate hike, Kenya inflation, Zambia debt deal The Nigerian central bank’s 400bp interest rate hike should help provide respite to the naira and help to curb inflation. But Nigeria will need to shift away from interventionist fiscal and FX short... 1st March 2024 · 7 mins read
Africa Chart Pack Africa Chart Pack (Feb. 2024) Economic growth in Sub-Saharan Africa is likely to pick up in 2024 as the external backdrop turns more favourable and, in some places, the drag from high inflation fades. Even so, tight fiscal and... 28th February 2024 · 0 mins read
Africa Economics Weekly SONA, Kenya buyback, Zambian copper South African President Ramaphosa’s State of the Nation address this week pointed to costly welfare and healthcare expansions ahead of this year’s election. This would make the job of stabilising the... 9th February 2024 · 6 mins read
Africa Chart Pack Africa Chart Pack (Jan. 2024) Economic growth in Sub-Saharan Africa is set to strengthen over 2024-25 as the external backdrop turns more favourable and, in some places, the drag from high inflation eases. But this boost will be... 31st January 2024 · 0 mins read
Africa Economics Update Lessons from Africa’s sovereign debt restructurings Ghana’s relatively quick progress in debt restructuring talks with creditors contrasts with the slow experiences of Ethiopia and Zambia. Much of this can be explained by the China’s role in... 24th January 2024 · 4 mins read
Africa Economics Weekly Zambia IMF deal, Angola leaves OPEC, DRC elections Zambia’s continued progress with fiscal consolidation is paying dividends. It unlocked the latest tranche of its IMF deal this week and its compliance with the Fund’s targets may help to progress debt... 22nd December 2023 · 5 mins read
Africa Chart Pack Africa Chart Pack (Dec. 2023) Economic growth in Sub-Saharan Africa is set to strengthen over 2024-25 as the external backdrop turns more favourable and, in some places, the drag from high inflation eases. But growth will be... 18th December 2023 · 0 mins read
Africa Chart Pack Africa Chart Pack (Nov. 2023) Our Africa Chart Pack has been updated with the latest data and our analysis of recent developments. Economic growth across Sub-Saharan Africa is likely to pick up in 2024, but a challenging external... 28th November 2023 · 1 min read
Africa Economics Weekly Nigeria resists hikes, Zambia debt, Transnet problems Zambia and Angola raised interest rates this week in response to high inflation, but Nigeria didn’t. Indeed, the scheduled CBN meeting for this week didn’t even take place. The Bank now has its work... 24th November 2023 · 6 mins read
