NKC African Economics

Real GDP (non-seasonally adjusted) declined by 6.0% y-o-y in Q3 2020, compared with a contraction of 24.0% y-o-y in Q2 2020, according to Statistics Botswana. Most industries exhibited an economic con...

The Mauritian economy contracted by 13.1% y-o-y in Q3 2020, according to Statistics Mauritius. The third-quarter reading follows a contraction of 33.0% y-o-y (revised upwards from 32.5% y-o-y) during...

Surpassing a four-year high as lean season pressures took hold, headline inflation had closed in on the 20% y-o-y threshold by end-2020. Headline inflation jumped by 180 bps to 19.2% y-o-y in December...

Preliminary data indicates that the real economy contracted by a smaller margin than initially feared over 2020 Q3, as was the case the quarter before. Statistics released by Zamstats show that the ec...

The latest consumer price index (CPI) publication from the Kenya National Bureau of Statistics (KNBS) shows that CPI inflation ticked higher to 5.6% y-o-y in December from 5.3% y-o-y the previous mont...

Tunisia - Along with Egypt and Nigeria, Tunisian hard currency debt – despite ongoing strain in the macro environment – appears to carry value within the non-distressed high yield class

Central Africa – Rebels unite in election week. Egypt – Disbursal of $1.7bn approved by IMF Executive Board. Egypt – Suez Canal takes a hit, but gradual recovery underway. Rwanda – Consumer price infl...

Africa – Weekly Covid-19 update (Dec 18). Algeria – Inflation eased during first 10 months of the year (Dec 18). Angola – Inflation maintains rising trend (Dec 21). Botswana – Inflation continues its...

The Tunisian Institute of Strategic Studies (ISS) is currently assisting the local governments of Gabes and Kasserine governorates in preparing catalogues of public-private partnership (PPP) opportuni...

The Executive Board of the IMF has completed its first review of Egypt`s economic programme supported by a 12-month separate Stand-By Arrangement (SBA) valued at $5.2bn. This allows for the immediate...

The South African Democratic Teachers Union (Sadtu) has signalled its intention to take the Labour Appeal Court ruling on wage increases to the Constitutional Court. Public sector unions expressed the...

The government of the Central African Republic (CAR) has accused former President François Bozizé of assembling a rebel front with the intention of seizing power ahead of an election from which he was...

On December 10, Tunisia’s Assembly of People’s Representatives (ARP) passed a new budget for 2021 with 110 votes in favour, 21 votes against, and 2 abstentions. In the intervening period, the budget h...

According to data from the Suez Canal Authority, total Suez Canal receipts declined by 4.4% y-o-y to $4,628m during the first 10 months of the year, compared with an 8.5% y-o-y increase in the same pe...