Filtered by Subscriptions: Africa Economics Use setting Africa Economics
The rapid pace of the economic and market disruptions caused by the coronavirus mean that data released in recent months probably offer little insight into the current state of African economies. Accordingly, this publication will focus on the most timely …
26th March 2020
Recent news added to our general sense of pessimism about most African economies in 2020. While the region has yet to report any cases of the new coronavirus, falling commodity prices are already dealing a blow to exporters of oil and other industrial …
27th February 2020
African central banks had a busy month in January. Policymakers in South Africa and Kenya surprised the markets (and us) by cutting their key rates by 25bp. We expect that both countries’ central banks will make one further cut, but that rising inflation …
31st January 2020
The final round of South African data released this year supported our view that the economy faltered in recent months. Output fell by 0.6% q/q saar in Q3, and the latest figures suggest that the economy may have entered another technical recession in Q4. …
18th December 2019
Figures released over the past month painted a very downbeat picture of economic conditions in Africa’s two largest economies. Growth in Nigeria did, admittedly, pick up a touch in Q3. But activity remained very weak by past standards, with GDP rising by …
28th November 2019
Policymakers in South Africa and Angola admitted the severity of their countries’ economic problems this month, while their Nigerian peers moved further down the road to autarky. South Africa’s finance minister revised his government’s deficit and debt …
31st October 2019
Figures released over the past month brought bad news for almost all of Sub-Saharan Africa’s key economies. After a surprisingly-strong rebound in Q2, growth in South Africa seems to have slowed at the start of Q3. And leading indicators in South Africa, …
26th September 2019
Governments across the region made a series of economic policy moves this month, with Ethiopian and South African politicians taking steps forward, and Nigerian ones – again – retreating towards protectionism. In Ethiopia, the government issued a license …
29th August 2019
News that South Africa’s government agreed to provide another 60bn rand (US$4.2bn) bailout to Eskom between now and 2021 caused the rand to weaken by 2.3% against the US dollar due to fears that this will result in the sovereign losing its last …
31st July 2019
Recent economic news from Africa has been pretty poor. Figures released this month confirmed that South African GDP contracted in Q1. And while things probably improved more recently, sharp divides within the government suggest that President Cyril …
27th June 2019