Africa Data Response South Africa GDP (Q1) The 0.4% q/q rise in South Africa’s GDP in Q1 means that the economy once again skirted a technical recession, but the outlook remains bleak. Severe power cuts, tight fiscal and monetary policy and a... 6th June 2023 · 3 mins read
Africa Economics Update SARB keeps eyes firmly focussed on inflation The South African Reserve Bank (SARB) hiked interest rates by 50bp, to 8.25%, today on the back of policymakers’ growing concerns about the inflationary impact of persistent power cuts. For now, we... 25th May 2023 · 3 mins read
Africa Data Response Nigeria GDP (Q1) Nigeria’s economic growth slowed to just 2.3% y/y in Q1 as the damaging effects of a botched demonetisation process more than offset an easing of the drag from the oil sector. With the rise in oil... 24th May 2023 · 3 mins read
Africa Data Response South Africa Consumer Prices (Apr.) South Africa’s headline inflation rate dropped back to 6.8% y/y in April but the further strengthening of core inflation will alarm Reserve Bank officials about the impact of loadshedding on price... 24th May 2023 · 2 mins read
Africa Rapid Response Ghana secures $3bn IMF deal The news that Ghana has secured a $3bn staff-level agreement with the IMF will go some way to easing the country’s economic crisis, but the government still needs to clear a number of hurdles to put... 13th December 2022 · 2 mins read
