Africa Economics

Africa Economic Outlook

16 March, 2017

Africa’s economies finally turning the corner

We believe that the economic cycle in Sub-Saharan Africa is turning; after slowing since 2014, growth will accelerate this year. This turnaround will be driven by both global and local factors. The big falls in commodity prices are probably behind us, which will remove a key headwind that has slowed growth in recent years. We expect that the pace of currency depreciation will ease, causing inflation to decline in most economies. This will allow central banks to loosen policy, providing a boost to

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