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Africa: Recovery will stall in 2019, pick up next year

Economic growth across Africa as a whole will remain weak in 2019 due to very poor performances from Nigeria and South Africa. Conditions will probably improve next year, but regional growth will be weaker than most analysts expect. We think that East African economies will cement their position as the continent’s top performers over the coming years. Nigeria – which is likely to be held back by poor policymaking – will be a laggard over the duration of our 2019-21 forecast period.

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