Africa Chart Pack Africa Chart Pack (Dec. 2023) Economic growth in Sub-Saharan Africa is set to strengthen over 2024-25 as the external backdrop turns more favourable and, in some places, the drag from high inflation eases. But growth will be... 18th December 2023 · 0 mins read
Africa Economics Weekly CBK supports the shilling, SA current account The Kenyan central bank’s surprise 200bp interest rate hike, to 12.50%, on Tuesday was clearly aimed at shoring up the currency. There are other reasons to think that pressure on the shilling will... 8th December 2023 · 7 mins read
Africa Economic Outlook A tepid recovery Economic growth in Sub-Saharan Africa is set to strengthen over 2024-25 as the external backdrop turns more favourable and, in most places, the drag from high inflation eases. But growth will be... 7th December 2023 · 21 mins read
Africa Economics Weekly S. Africa financial stability risks, Kenya’s housing levy The South African Reserve Bank’s Financial Stability Review out this week shone the spotlight on the risks posed by local banks’ growing holdings of government debt – risks that are only likely to... 1st December 2023 · 6 mins read
Africa Chart Pack Africa Chart Pack (Nov. 2023) Our Africa Chart Pack has been updated with the latest data and our analysis of recent developments. Economic growth across Sub-Saharan Africa is likely to pick up in 2024, but a challenging external... 28th November 2023 · 1 min read
Africa Economics Weekly Kenya default risks fall, Dangote oil refinery ramps-up Kenya’s partial payment of its $2bn Eurobond will improve its chances of avoiding a sovereign default next year. Extra IMF funds and an improved balance of payment position will also help, but... 10th November 2023 · 7 mins read
Africa Economics Update Assessing public debt risks in Africa In this Update, we present our sovereign debt heat map that provides a snapshot of debt risks across Sub-Saharan Africa. Government debt is still above pre-pandemic levels and most economies we cover... 10th November 2023 · 5 mins read
Africa Chart Pack Africa Chart Pack (Oct. 2023) Our Africa Chart Pack has been update with the latest data and our analysis of recent developments. Tight policy and a weak external environment will constrain growth over the coming quarters. 31st October 2023 · 1 min read
Africa Economics Weekly Nigeria spending, debt problems, South Africa CPI Sovereign debt restructuring discussions between Zambia and Ghana and their bilateral creditors have been encouraging, but challenging talks with private lenders remain. Meanwhile, Nigeria’s... 20th October 2023 · 5 mins read
Africa Economics Weekly Nigeria strike, Kenya debt, Oxford malaria vaccine This week, Nigeria avoided a potentially disruptive workers’ strike after a late government offer of short-term relief measures, but these risk adding to fiscal and inflationary pressures. Meanwhile... 6th October 2023 · 5 mins read
Africa Economics Update Africa: inflation, debt risks to hold back rate cuts Sub-Saharan African central banks are unlikely to follow their peers in other EMs in cutting interest rates soon. With inflation falling more slowly, alongside balance of payment and public debt... 5th October 2023 · 3 mins read
Africa Chart Pack Africa Chart Pack (Sep. 2023) Our Africa Chart Pack has been updated with the latest data and our analysis of recent developments. Economic growth across Sub-Saharan Africa is likely to pick up over the coming quarters, but a... 29th September 2023 · 1 min read
Africa Economics Weekly South Africa fiscal rules, Kenya austerity, Ghana CPI This week saw reports that South Africa’s Treasury is proposing to establish a new “fiscal anchor” in a bid to keep investors on side amid a worsening budget position. But a looser fiscal policy seems... 15th September 2023 · 7 mins read
Africa Chart Pack Africa Chart Pack (Aug. 2023) Our Africa Chart Pack has been updated with the latest data and our analysis of recent developments. Sub-Saharan Africa is set to record its weakest growth (outside the pandemic) since 2016 this year... 31st August 2023 · 1 min read
Africa Economics Weekly South Africa fiscal issues, Ethiopia finance, Kenya debt Growing concerns about the direction of South Africa’s public finances have caused the yield curve to steepen as risk premia have risen, a trend that may continue as next year’s election approaches... 25th August 2023 · 5 mins read
Africa Economics Update Africa’s slow tourism recovery sustains external strains Sub-Saharan Africa’s tourism industry has recovered slowly from the pandemic, albeit with significant variation in performance across the continent. Signs that the tourism outlook is weakening risk... 24th August 2023 · 3 mins read