Africa Economics

Africa Economic Outlook

7 July, 2017

Recovery in top economies will drive African rebound

We expect that growth in Sub-Saharan Africa will accelerate over the coming years as the three largest economies in the region – South Africa, Nigeria and Angola – recover from recent recessions. Indeed, our GDP forecasts for these countries in 2017 and 2018 all sit above the consensus. Growth in most other African economies is likely to be relatively stable, although a key exception is Kenya where balance sheet vulnerabilities are mounting and we expect that growth will weaken in 2017. Inflatio

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