Africa Chart Pack Major economies rebound, policy easing gains pace The latest data support our view that the recoveries in Sub-Saharan Africa’s big three economies will be stronger than most expect. Activity data in Nigeria, South Africa, and Angola all suggest that... 27th July 2017 · 1 min read
Africa Economics Update Africa: Monetary policy easing cycle is getting into gear Policymakers across Africa are set to loosen monetary policy sooner and more dramatically than most think. We expect cuts in South Africa, Nigeria, Angola, Kenya, & elsewhere over the coming months. 19th July 2017 · 1 min read
Africa Economic Outlook 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... 7th July 2017 · 1 min read
Africa Economics Update Africa: Currencies struggle, but equities remain strong Most African currencies weakened in June, though Nigeria’s was a key exception. The naira will probably stay pretty stable on both the official and parallel rates. 29th June 2017 · 1 min read
Africa Chart Pack Africa: Key economies pick up in Q2 After a very poor start to the year, most of Africa’s larger economies bounced back at the start of Q2. South African activity data suggest that the region’s most industrialised economy returned to... 23rd June 2017 · 1 min read
Africa Chart Pack Africa: Zuma, health concerns put politics centre stage Events over the past month have raised questions about the positions of the presidents of Sub-Saharan Africa’s three largest economies. Nigeria’s President Muhammadu Buhari missed a key speech... 30th May 2017 · 1 min read
Africa Economics Update Ghana: A key African growth star in 2017 Ghana’s new government inherited an economy that was already turning the corner. After years of underperformance, growth in Ghana will accelerate sharply in 2017. 25th April 2017 · 1 min read
Africa Economics Update Ghana doubles down on rate cuts, Kenya will follow in H2 The Bank of Ghana’s sharp rate cut suggests that policy loosening will be more aggressive than we’d previously thought. We’ve revised down our end of year rate forecast from 20.00% to 18.00%. The... 27th March 2017 · 1 min read
Africa Chart Pack Africa: New data spring nasty surprises in Angola & Ghana New official economic data have revealed that the economies of Angola and Ghana are in much worse shape than we had previously believed. The revisions should draw attention to the weak statistical... 21st February 2017 · 1 min read
Africa Chart Pack Africa: latest data confirm very weak growth in late 2016 Data published over the past month provided further evidence that economic growth in the region was very sluggish towards the end of last year. Q3 GDP figures did, admittedly, show that growth picked... 26th January 2017 · 1 min read
Africa Economics Update Ghana: political success in an economy on the cusp of recovery Ghana’s recent election is, first and foremost, a ringing political success. On the economic front, we doubt that the election will trigger a sharp change in policy. But given that Ghana’s economy was... 16th December 2016 · 1 min read
Africa Chart Pack Africa: Disappointing end to a painful year The latest figures from across Africa suggest that most economies in the region continued to perform poorly at the end of 2016. Activity data from South Africa suggest that the region’s most... 15th December 2016 · 1 min read
Africa Economic Outlook Tepid recovery as “Big Three” continue to struggle We expect that economic growth in Africa will pick up a bit in 2017 after a disastrous result in 2016. But the region’s recovery will be very weak, largely because of the poor performance of Nigeria... 7th December 2016 · 1 min read
Africa Economics Update Trump effect limited, but Zuma rocks the rand The effect of the US election result on African currency and equity markets seems to have been fleeting. In South Africa, though, the rand has closely tracked the possibility that Jacob Zuma could be... 29th November 2016 · 1 min read
Africa Chart Pack Africa: Recovery yet to gain traction While we still expect that most African economies will pick up steam in 2017, the latest figures suggest that the region’s economic downturn has still yet to bottom out. Major economies across Africa... 29th November 2016 · 1 min read
Frontier Markets Wrap Frontier financial markets sell off, but losses limited Frontier financial markets came under pressure in the wake of Donald Trump’s US election victory, with currencies weakening against the dollar and bond yields rising. The losses have been relatively... 28th November 2016 · 1 min read
