Africa Chart Pack Africa Chart Pack (Jan. 2024) 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 this boost will be... 31st January 2024 · 0 mins read
Africa Economics Weekly SA rates, Kenya debt swap, Nigeria loans Remarks this week from SARB Governor Kganyago increase the chances of interest rates in South Africa staying high for longer, particularly if fiscal risks build ahead of the election. Kenya, meanwhile... 19th January 2024 · 7 mins read
Africa Economics Update Kenya better placed to avoid default, for now One of the big questions in Kenya in 2024 is whether the government can meet a $2bn Eurobond repayment due in the middle of the year. An improving balance of payments position, alongside an enhanced... 16th January 2024 · 5 mins read
Africa Economics Weekly Nigeria deficit, Ethiopia-Somalia tensions, Kenya GDP Nigeria’s 2024 budget, signed into law this week, included encouraging signs that the government will cease deficit monetisation, providing hope that the Tinubu administration’s reform momentum hasn’t... 5th January 2024 · 5 mins read
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
