Africa Economic Outlook Debt problems building Sub-Saharan Africa’s recovery is likely to remain slow going and our growth forecasts are generally below the consensus. While spillovers from the war in Ukraine will boost a handful of economies –... 4th May 2022 · 22 mins read
Africa Economic Outlook Region to lag behind as debt risks mount Sub-Saharan Africa’s economic recovery from the pandemic is likely to remain one of the weakest of any region over 2022-23 and our GDP growth forecasts are generally below the consensus. The latest... 28th January 2022 · 23 mins read
Africa Economic Outlook Headwinds beyond vaccine woes intensifying Extremely low vaccine coverage continues to cast a dark cloud over recovery prospects in Sub-Saharan Africa and this will be compounded by deteriorations in the terms of trade and tighter fiscal... 27th October 2021 · 22 mins read
Africa Economics Lagging behind Vaccination campaigns across Sub-Saharan Africa will continue to struggle, leaving the region vulnerable to renewed virus outbreaks. This, combined with tight fiscal policy, a slow return of tourists... 5th August 2021 · 22 mins read
Africa Economic Outlook Recovery in slow motion Slow vaccine rollouts, tight fiscal policy and weakness in tourism sectors will hold back recoveries across Sub-Saharan Africa. Virus containment measures will probably remain in place for some time... 28th April 2021 · 22 mins read
Africa Economic Outlook Late to the vaccine recovery The second waves of COVID-19 currently ripping through Sub-Saharan Africa will keep economic activity depressed over the coming months and, even once vaccines belatedly reach the region, recoveries... 28th January 2021 · 22 mins read
Africa Economic Outlook Weak recoveries, default risks still high Recoveries across Sub-Saharan Africa will be weak, with the region’s three largest economies – Nigeria, South Africa and Angola – set to fare particularly badly. A rebound in tourism sectors has been... 22nd October 2020 · 22 mins read
Africa Economic Outlook Debt risks growing South Africa, the oil producers (Angola and Nigeria) and tourism-dependent economies (Mauritius, Namibia and Botswana) are all likely to suffer particularly weak recoveries over the coming quarters... 29th July 2020 · 22 mins read
Africa Economic Outlook Steep regional recession, default risks growing Sub-Saharan Africa is set for one of its worst downturns in decades this year. The hardest hit economies are likely to be South Africa (due to its stringent lockdown measures), the large oil producers... 24th April 2020 · 15 mins read
Africa Economic Outlook Another disappointing year Economic growth in Africa is likely to come in at just 3% this year, as the slump that began in 2015 drags on. The limit on regional growth will, again, come from South Africa where hopes for a... 30th January 2020 · 24 mins read
Africa Economic Outlook Africa: Key economies stuck in the slow lane Growth in Sub-Saharan Africa will probably pick up in 2020, but we think that it will be much slower than most expect. The key reason for our downbeat view is South Africa, where we think that weak... 23rd October 2019 · 25 mins read
Africa Economic Outlook Africa: Economy will finally turn the corner in 2020 Growth in Sub-Saharan Africa weakened in early 2019, but activity should strengthen in the second half of the year and into 2020 as policy across the region loosens. Even so, our forecasts are below... 11th July 2019 · 25 mins read
Africa Economic Outlook 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... 11th April 2019 · 1 min read
Africa Economic Outlook Africa: Growth will pick up, despite faltering Nigeria After a very weak 2018, we expect that growth in Sub-Saharan Africa will strengthen this year. The major oil exporters will, of course, suffer the effects of lower oil prices and our growth forecasts... 24th January 2019 · 1 min read
Africa Economic Outlook Recovery losing steam Economic growth in Sub-Saharan Africa will probably strengthen a touch in 2019, but growth across the region will remain weaker than consensus expectations. We think that growth in Nigeria will slow... 16th October 2018 · 1 min read
Africa Economic Outlook Recovery will peter out in 2019 Economic growth in Sub-Saharan Africa will probably strengthen over the second half of 2018, but we think that the consensus view that this year’s performance will mark the start of a multi-year... 12th July 2018 · 1 min read
