Africa Economics Weekly SA current account, Ghana GDP, Nigeria fiscal policy Data out this week showed that South Africa’s current account deficit has widened, but the shortfall is still small and suggests the rand will continue to hold up and that the Reserve Bank can cut... 12th September 2025 · 6 mins read
Africa Economics Weekly Angolan oil, Ghana CPI & cedi, SA inflation target Angola's oil sector is continuing to struggle and, while investment announcements from multinationals this week should help eventually, a backdrop of lower oil prices and a fragile fiscal position... 5th September 2025 · 6 mins read
Africa Chart Pack Africa Chart Pack (Aug. 2025) We think economies across Sub-Saharan Africa will weather US tariffs relatively well. Indeed, improved terms of trade (for most) and lower inflation and interest rates should support a modest pick-up... 27th August 2025 · 0 mins read
Africa Economics Update SSA inflation trending down and rates will follow Many central banks across Sub-Saharan Africa have cut interest rates over the past year or so and Nigeria will soon join the rate-cutting club. With inflation low or falling in most countries, we... 18th August 2025 · 4 mins read
Africa Economics Weekly Africa Weekly: Zambia IMF money, Lower West African cocoa harvests Zambia secured another disbursement from the IMF this week and, given severe fiscal strains, it seems most likely that policymakers will seek a successor programme when the current one ends in October... 8th August 2025 · 5 mins read
Africa Economics Weekly Africa Weekly: SA, Mozambique and Ghana cut rates, US tariffs Central banks in Ghana, Mozambique and South Africa continued their monetary easing cycles this week, and the dovish tone of South Africa's meeting supports our below-consensus rate forecast... 1st August 2025 · 6 mins read
Africa Chart Pack Africa Chart Pack (Jul. 2025) Economies across Sub-Saharan Africa will be able to cope with higher US tariffs. And better terms of trade for most countries mean that painful currency adjustments are unlikely. That alongside lower... 30th July 2025 · 0 mins read
Africa Economics Weekly Africa Weekly: SARB lower target and nationalisation, Ghana inflation Data released this week showing a further decline in inflation expectations in South Africa provide further ammunition for those arguing that the time is right for the SARB’s inflation target to be... 4th July 2025 · 5 mins read
Africa Chart Pack Africa Chart Pack (Jun. 2025) The threat posed by US trade protectionism to the region, for now, appears muted. An improvement in the terms of trade for most countries should mean less downward pressure on currencies and... 25th June 2025 · 0 mins read
Africa Economic Outlook Africa Economic Outlook: Growth to strengthen even as fiscal concerns linger The threat posed by US trade protectionism to the region, for now, appears muted. An improvement in the terms of trade for most countries should mean less downward pressure on currencies and... 23rd June 2025 · 19 mins read
Africa Chart Pack Africa Chart Pack (May. 2025) We expect economic prospects in Sub-Saharan Africa to continue to improve. The direct headwinds from the US’s protectionist shift look to be limited and terms of trade look set to improve for most... 28th May 2025 · 0 mins read
Africa Economics Weekly Africa Weekly: SSA fiscal slippage, SA reforms, Ghana inflation Leaders across Sub-Saharan Africa faced with fiscal strains are embracing tax reform rather than rises to maintain fiscal consolidation efforts, but we doubt that this will be sufficient to prevent... 9th May 2025 · 5 mins read
Africa Economics Update China’s export surge and what it means for Africa The prospect of a flood of low-cost Chinese exports to African shores may help those economies suffering from high inflation but it risks undermining the growth of domestic industry. Governments in... 1st May 2025 · 5 mins read
Africa Chart Pack Africa Chart Pack (Apr. 2025) Economies across Sub-Saharan Africa will likely see limited direct impact from the protectionist shift that the US is embracing. But the bigger growth worry should come from the US trade turmoil... 16th April 2025 · 0 mins read
Africa Economic Outlook Africa Economic Outlook: Stronger growth but debt concerns to persist Economies across Sub-Saharan Africa are amongst the least affected EMs by the protectionist shift that the US is embracing. And growth in the region is set for a modest pick-up on the back of lower... 28th March 2025 · 19 mins read
Africa Chart Pack Africa Chart Pack (Feb. 2025) Falling inflation and looser monetary policy will help GDP growth to accelerate across Sub-Saharan Africa this year. A shift towards trade protectionism in the US will hurt certain sectors in some... 13th February 2025 · 0 mins read
