NKC African Economics

Tunisia - The growth recovery story has so far disappointed, and we expect that progress over the medium term will be slow and fraught with risks. We expect only modest growth at 3.9% this year, taper...

Burundi – EU lifts suspension on financial cooperation with Burundi. Kenya – Successful return to the Eurobond market after two years. Mozambique – Economic climate indicator picks up slightly in Apri...

The EU’s ambassador to Burundi, Claude Bochu, announced on Monday, June 21, that the bloc had initiated a process of revoking the suspension of financial cooperation with the country. The announcement...

On July 12, the Windhoek High Court will hear the state’s application to have the two Fishrot-related cases, involving the state-owned National Fishing Corporation of Namibia (Fishcor) and Namgomar co...

On Monday, June 21, Côte d’Ivoire and Ghana threatened to expose chocolate makers who, according to them, are undermining the implementation of the two nations’ living income differential (LID). The $...

The World Bank’s Nigeria Development Update is packed with actionable policy recommendations, but the Bank concedes that it does not expect Nigerian authorities to heed all of its advice. The Bank’s b...

Business confidence improved a touch in April, according to the National Statistics Institute of Mozambique’s (INE) latest Economic Climate Indicator (ECI). Thanks to strong improvements in current de...

Ramaphosa pledges to fight corruption and fix power issues Rand recovers earlier losses Precious metals rise across the board Booming house prices add to global inflation concerns

Kenya’s most recent Eurobond sale was welcomed with open arms by global capital markets, despite the country’s already high debt burden – among the primary constraints to attaining a higher credit ris...

Angola - Our revised growth outlook shows an expansion of 1.0% is on the cards this year – below the 1.7% we expected previously – from a contraction of 5.2% in 2020 (the fifth-straight annual contrac...

Libya – PM Dbeibah reopens East-West road. Tanzania – Plans to join Covax programme. Zambia – Funding secured to ramp up inoculation programme.

Due to disappointing oil production figures in H1 2021 and historical data revisions we have lowered our economic growth forecast for Angola. We project real GDP will finally recover – following five-...

Prime Minister Abdulhamid Dbeibah and members of his interim administration attended a ceremony on Sunday, June 20, marking the reopening of the coastal road linking the cities of Misrata and Sirte. T...

At a news conference on Thursday, June 17, World Health Organisation (WHO) regional director for Africa, Matshidiso Moeti, said that Tanzania has formally begun the process of joining Covax, the WHO’s...