Africa Economics

Africa Chart Book

23 June, 2017

Africa: Key economies pick up in Q2

After a very poor start to the year, most of Africa’s larger economies bounced back at the start of Q2. South African activity data suggest that the region’s most industrialised economy returned to growth in April after entering a recession in Q1. Survey figures suggest that Nigeria’s economy – which also contracted in Q1 – picked up at the start of Q2. Oil production picked up in both Nigeria and Angola, while inflation slowed in the two countries. Gentler inflation will provide a boos

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