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 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 New forecasts for Africa amidst the Iran war As the conflict in the Middle East rumbles on, we’ve adjusted our key macroeconomic forecasts for Sub-Saharan Africa. There are a few countries that stand to benefit from the sharp rise in global... 20th March 2026 · 7 mins read
Africa Economics Weekly SSA fuel prices, inflation and the policy response Sub-Saharan Africa looks better placed to face the current energy shock than the last one in 2022. But the region is still vulnerable to the conflict in the Middle East via the impact on fuel supplies... 13th March 2026 · 7 mins read
Africa Economics Update Easing sovereign debt risks bolster the region’s resilience The shock from the conflict in the Middle East has only had a modest impact on government borrowing costs in Africa, reflecting a marked improvement in sovereign risk profiles in the last few years... 10th March 2026 · 3 mins read
Africa Economics Weekly How will the Middle East conflict affect Africa The jump in global energy prices on the back of the conflict in the Middle East, if sustained, will provide a windfall for Africa’s key oil producers, such as Nigeria and Angola. We suspect most of... 6th March 2026 · 6 mins read
Emerging Markets Economics Update Could higher energy prices trigger an EM crisis? The energy price shock caused by the conflict in the Middle East will worsen current account positions in net energy-importing EMs. But unlike recent energy shocks, the external balance sheets of most... 4th March 2026 · 3 mins read
Africa Chart Pack Africa Chart Pack (Feb. 26) Sub-Saharan Africa is entering one of its best periods of growth since the 2010s, propelled by better terms of trade, low inflation and loose monetary policy. Our forecasts for most countries –... 24th February 2026 · 0 mins read
Africa Economics Update Inflation backdrop to prompt more rate cuts in SSA Inflation is subdued or falling across Sub-Saharan Africa, a trend which we think has further to run over the course of 2026. Monetary stances are generally tight, which provides policymakers with... 4th February 2026 · 5 mins read
Africa Chart Pack Africa Chart Pack (Jan. 26) Sub-Saharan Africa is entering one of its best periods of growth since the 2010s, propelled by better terms of trade, low inflation and loose monetary policy. Our forecasts for most countries –... 27th January 2026 · 0 mins read
Africa Economics Update Uganda elections: Museveni to win but unrest risk lingers Uganda heads into elections next week with President Yoweri Museveni widely expected to secure a ninth successive term. Under this status quo, continued investment in the hydrocarbon industry and... 12th January 2026 · 5 mins read
Africa Economics Weekly SSA economies and currencies to fare well in 2026 Zambia’s kwacha has made a bright start to the year, while the naira and rand have also posted early gains. And we expect most African currencies to fare well over the course of 2026. The risk of... 9th January 2026 · 6 mins read
Africa Chart Pack Africa Chart Pack (Dec. '25) The macroeconomic backdrop has turned increasingly favourable and we expect Sub-Saharan Africa to enter its strongest period of growth in the coming years since the early 2010s. Our forecasts for most... 16th December 2025 · 0 mins read