Skip to main content

Africa: More bad news across the region

Figures released this month added to the evidence that African economies are struggling this year. The worst news was from South Africa and Angola, where recent activity data suggest that GDP actually fell in Q1. We also received very bearish signals from Zambia, where the yield curve on government debt inverted. And even in Nigeria, where oil production rose, surveys of other sectors softened in recent months. Ghana was a rare positive story. After a weak start to the year, conditions there seem to have stabilised in March.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access