Africa Chart Pack Africa Chart Pack (Sep. 26) Growth in Sub-Saharan Africa should remain resilient despite high energy prices and tighter global financial conditions. We’re optimistic relative to the consensus on growth in much of the region... 28th September 2026 · 0 mins read
Africa Economic Outlook Africa resilient but pockets of vulnerability remain Growth in Sub-Saharan Africa should remain resilient despite high energy prices and tighter global financial conditions. We’re positive relative to the consensus on growth in much of the region... 25th September 2026 · 19 mins read
Africa Economics Update Ghana’s growth to surprise on the upside Ghana’s economy slowed in Q2 on the back of weakness in the cocoa sector and we expect the effects of the energy shock to dampen growth over the rest of the year. But looser policy should help to... 10th September 2026 · 4 mins read
Africa Chart Pack Africa Chart Pack (Aug. 2026) Economic growth in the region has been resilient in the face of the energy shock, and we think it will accelerate from here. Inflation held steady or slowed, including in Nigeria and South Africa... 24th August 2026 · 0 mins read
Africa Economics Weekly Ghana soft inflation, Nigeria’s military get spending boost Ghana’s surprisingly soft inflation print for July suggests that another rate cut is possible, but robust growth and the BoG’s drive to build its credibility and stabilise the cedi mean we still think... 7th August 2026 · 5 mins read
Africa Economics Weekly Ghana and South Africa’s fiscal discipline paying off Ghana's reforms under its IMF program, which finished this week, have given the government space to loosen policy to support growth. Fiscal discipline is also paying off in South Africa, where the... 31st July 2026 · 5 mins read
Africa Chart Pack Africa Chart Pack (Jul. 26) Economic growth in the region has been resilient in the face of the energy shock, and we think growth will accelerate from here. Although inflation rose last month, most central banks will be able to... 29th July 2026 · 0 mins read
Africa Economics Weekly Hawkish holds in Ghana & Nigeria, dovish hold in South Africa The decisions by central banks in Nigeria and Ghana to hold interest rates (rather than cut) suggests that policymakers in both countries are focusing on burnishing their inflation-fighting... 24th July 2026 · 5 mins read
Africa Economics Weekly Nigeria’s fiscal travails, East Africa and Ghana inflation The IMF's warning this week that Nigeria’s budget deficit is wider than officially reported comes on the back of recently-raised concerns about the use of total return swaps and will put pressure on... 3rd July 2026 · 5 mins read
Africa Chart Pack Africa Chart Pack (Jun. 26) The US-Iran deal has triggered a slump in energy prices providing relief to Africa’s energy importers, particularly those in East Africa. Energy exporters such as Angola and Nigeria will see their... 30th June 2026 · 0 mins read
Africa Economic Outlook Growth to strengthen even as fiscal strains linger Growth in Sub-Saharan Africa is likely to accelerate over the coming years and most of our growth forecasts lie above the consensus. At the same time, the backdrop of low inflation (by the region’s... 29th June 2026 · 19 mins read
Africa Economics Weekly The end of the Iran war and what it means for Africa Many economies in Sub-Saharan Africa, particularly those in East Africa, will be key beneficiaries from the reopening of the Strait of Hormuz and the drop back in global energy prices, although the... 19th June 2026 · 6 mins read
Africa Economics Weekly Ghana resilience, SA hikes, Ethiopia elections Ghana’s improved fiscal position, alongside high gold and oil prices, underpin our above-consensus ~6% growth forecast and suggests that President Mahama’s hopes for sovereign credit rating upgrades... 5th June 2026 · 5 mins read
Africa Economics Update Ghana: Fiscal, monetary policy to act as a shock absorber Higher crude oil revenues are likely to allow Ghana’s government to loosen fiscal policy which, taken together with the lagged impact of the large monetary easing cycle, should support the economy. We... 2nd June 2026 · 4 mins read
Africa Chart Pack Africa Chart Pack (May 26) Higher energy prices will boost Angola and Nigeria’s economies. With elections on the horizon, governments are likely to spend their windfall. Most others in the region are having to manage worse... 27th May 2026 · 1 min read
Africa Chart Pack Africa Chart Pack (Apr. 26) The jump in energy prices due to the Iran war will lift revenues in Angola and Nigeria. And upcoming elections mean that most of the windfall will be spent, thereby supporting stronger growth. But... 30th April 2026 · 0 mins read
