Latest Analysis
Daily Africa Insight: An overview of today’s key events and developments
Central Africa – Mohamed Bazoum is Niger’s new president. Côte d’Ivoire – Inflation surprises to the upside in February. Ghana – Central bank holds rate steady for sixth consecutive time. Kenya – Bid...
Talking Point: Kenya – Bid to remove Ruto as Jubilee deputy leader put on ice
An apparent bid to oust Deputy President William Ruto as deputy leader of the ruling Jubilee Party has failed to launch. The party’s National Management Committee (NMC) resolved to remove Mr Ruto for...
Talking Point: Nigeria – Government shifts towards flexible naira regime
Nigerian authorities have reportedly adopted a new flexible exchange rate policy. Finance Minister Zainab Ahmed has announced that the government will start using the rate that had until now been used...
Talking Point: Morocco – Consumer prices remain very stable in February
The latest consumer price index (CPI) release by the High Commission for Planning (HCP) shows very low inflation – a boon to a consumer population that has seen its income battered by the Covid-19 pan...
Talking Point: Ghana – Central bank holds rate steady for sixth consecutive time
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has decided to keep the policy rate stable at 14.5% for the sixth consecutive time. The decision comes as both local and global economic...
Talking Point: Côte d’Ivoire – Inflation surprises to the upside in February
The most recent consumer price index (CPI) data published by the National Institute of Statistics (INS) indicates that inflationary pressures accelerated notably in February. CPI inflation rose from 2...
Talking Point: Central Africa – Mohamed Bazoum is Niger’s new president
Niger’s Constitutional Court has confirmed Mohamed Bazoum, the candidate of the ruling Nigerien Party for Democracy and Socialism (PNDS), as the new president. The final count that the Court certified...
Fixed Income Daily: Bond market and currency metrics for African capital markets
Ethiopia - The reputational risks associated with the Tigray conflict continue to pose downside risk to budgetary support and FDI, while the withdrawal of Oromo opposition parties is likely to undermi...
Talking Point: Tanzania – After a dismal end to 2020, FX reserves soar in January
After trending lower for four-consecutive months, foreign exchange reserves (including gold) increased by 9.9% m-o-m to $5.2bn by the end of January. The latter level was sufficient to cover 6.2 month...
Daily Africa Insight: An overview of today’s key events and developments
Africa – Weekly Covid-19 update, March 19. DRC – CPI inflation eases for the first time in 20 months. Egypt – MPC holds rates in cautionary move. Namibia – Government budget squeezed from both sides....
Talking Point: Africa – Weekly Covid-19 update, March 19
As of Thursday, March 18, there were a total of 306,324 active Covid-19 cases (confirmed cases minus deaths and recoveries) in Africa – down by 3,211 compared with a week prior. The decrease in active...
Talking Point: Tanzania – After a dismal end to 2020, FX reveres soar in January
After trending lower for four-consecutive months, foreign exchange reserves (including gold) increased by 9.9% m-o-m to $5.2bn by the end of January. The latter level was sufficient to cover 6.2 month...
Talking Point: Tanzania – Fall in travel receipts weighs on current account balance
Trade figures published by the Bank of Tanzania (BoT) indicate that the current account deficit widened by 53.2% y-o-y to $83m in January 2021, from $54m in January 2020. This poor performance can be...
Talking Point: Nigeria – Fitch affirms rating but highlights difficult road to recovery
Fitch Ratings affirmed Nigeria’s long-term, foreign-currency sovereign credit rating at B on March 19, maintaining the outlook at stable. The press release noted that the rating is supported by low de...
Featured African Economic Insights
Get unparalleled economic and political insight into 54 African economies. Download up to three Research Briefings for free. Or, to get unlimited access to NKC African Economics' full database of briefings, commentary, daily analysis, high-quality research and data, request a free trial today.
Latest Tweets
Africa Economic Updates | Sign up to our blog to gain unparalleled #economic and #political insights into 54 African economies. Click here to gain insights: bit.ly/2OEza3Y #AfricanEconomics #Updates
.#SouthAfrica’s level of foreign reserves declined further to $53.8bn in March.
Talks between #Ethiopia, #Egypt and #Sudan over the filling of the Grand Ethiopian Renaissance Dam (#Gerd) in #Kinshasa, #DRC, comes up empty and produces angry words as Addis Ababa is set to resume the filling of the reservoir with summer rains.
There are 114,937 active cases of #Covid19 in #Africa. #Ethiopia, #Tunisia and #Cameroon recorded the most new cases this week. Additionally, the vaccination drive on the continent has been slow. Only #Morocco and #Seychelles have fully inoculated 1% of their population.
Headline inflation in #Tanzania eased by 0.1 ppt to 3.2% y-o-y in March. All in all, #CPI #inflation averaged 3.3% y-o-y in Q1 2021, slightly higher than the average of 3.1% y-o-y observed in Q4 2020.
Increased #lockdown restrictions in #Tunisia after spike in daily Covid-19 cases.
The economic recovery in #Lesotho tumbles in Q4 2020 as pandemic-related disruptions remain in play.
A series of court cases and arrests in #Morocco is highlighting the pressures that dissidents and independent journalists face. The trend on civil liberties is negative.
In the Media
- Apr 07 2021
- Apr 07 2021
- Apr 07 2021
- Mar 18 2021
- Mar 12 2021
- Mar 04 2021
- Feb 19 2021
- Feb 08 2021
- Feb 08 2021
- Jan 18 2021
- Jan 14 2021
- Jan 14 2021
Get unparalleled economic and political insight into 54 African economies. Download up to three Research Briefings for free. Or, to get unlimited access to NKC African Economics' full database of briefings, commentary, daily analysis, high-quality research and data, request a free trial today.
Download a free sample report, highlighting our economic analysis, as well as incorporating our political assessment for Nigeria in 2018.
A detailed scenario analysis of different policy actions the Central Bank of Nigeria could take in response to the foreign exchange liquidity squeeze in 2016, the effects on foreign reserves to be expected under each, and the resulting consequences for firms needing to repatriate profits.