Africa Economics

Africa Economic Outlook

12 July, 2018

Recovery will peter out in 2019

Economic growth in Sub-Saharan Africa will probably strengthen over the second half of 2018, but we think that the consensus view that this year’s performance will mark the start of a multi-year acceleration is overly optimistic. Although most EM central banks will probably tighten policy over the next 12-18 months, interest rates are generally likely to fall across Africa.

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