NKC African Economics

Nigeria - Treasury bond yields rose to build upon an upward drift in interest rates witnessed towards end-2020, partly in reaction to the de facto floor on market rates via the Special Bills avenue to...

Côte d’Ivoire – First Covid-19 vaccines’ arrival delayed to mid-February. DRC – Motion against Ilunga confirms Sacred Union’s strength. DRC – Price inflation continues upward trajectory in November....

On Friday, January 22, 301 out of 500 members of the National Assembly signed a motion to demand the dismissal of Prime Minister Sylvestre Ilunga Ilunkamba and his Cabinet, and handed the motion to th...

In the night of Saturday, January 23, Polisario forces fired four rockets at the Moroccan military position at Guerguerat, in what is supposed to be a no-man’s-land a few kilometres from the Mauritani...

On Friday, January 22, the High Court dismissed the application made by former President Peter Mutharika’s lawyer to lift a restriction notice on his bank accounts. In August, the Anti-Corruption Bure...

President Hage Geingob’s personal lawyer Sisa Namandje confirmed that his firm, Sisa Namandje and Co, dealt with payments linked to the ruling Swapo party that are alleged to be part of the notorious...

According to the latest data from the High Commission for Planning (HCP), Morocco’s consumer price index (CPI) fell by 0.3% y-o-y in December, compared to an increase of 0.2% y-o-y in November. On a m...

Authorities in Côte d’Ivoire recently announced that the country’s first batch of Covid-19 vaccines, which was initially scheduled for delivery at the end of January, will now only arrive in the middl...

A three-day meeting, or lekgotla, of the ruling African National Congress (ANC)’s National Executive Committee (NEC) over the weekend of January 22 – 24 produced a long, aspirational list of the party...

According to weekly figures released by the Central Bank of Congo (BCC), consumer price inflation increased slightly to 20.4% y-o-y in November 2020, from 20.1% y-o-y in October. The acceleration in h...

Fiscal consolidation path weakens as fiscus faces pressure Lockdown plunges UK PMI to eight-month low US existing home sales close 2020 on an up note amid record low supply BoJ stands pat ahead of po...

Cameroon - Notwithstanding a more uncertain recovery trajectory and downward revisions to our key macro variables, our valuation model suggests that some value can be found in Cameroon. We expect the...

Our outlook for the South African economy weakened over the past quarter as a result of the second wave of Covid-19 infections and the subsequent renewed adjusted level 3 restrictions. Furthermore, da...

Africa – Weekly Covid-19 update. Kenya – Ruto receives election boost from Kalenjin elders. Mauritius – Foreign reserves surprise to the upside in December. Rwanda – Forex reserves up despite tourism...