NKC African Economics

Leading business cycle indicator improves further ZAR seesaws during local trading session Chinese economic activity up in August Global recovery ongoing but slowing

Angola - The oil producer is set to receive $6.2bn in debt relief over the next three years as agreements with three of its most prominent creditors were close to being completed.

Algeria – Inflation slowed during first seven months of the year. Côte d'Ivoire – "One irreversible watchword: civil disobedience". Malawi – Joyce Banda flagged in US FinCEN files. Malawi – Inflation...

Former President Joyce Banda appears in the Financial Crimes Enforcement Network (FinCEN) files, a new dump of sensitive information. FinCEN is a bureau in the United States Department of the Treasury...

Political rhetoric ahead of next month’s presidential election is heating up. Ex-President Henri Konan Bédié, the main challenger to President Alassane Ouattara in the vote, told a rally on Sunday, Se...

The National Council for the People’s Salvation (CNSP), the military junta that ousted President Ibrahim Boubacar Keïta in a coup on August 18, has put forward a civilian to serve as interim transitio...

According to the latest data from the National Office of Statistics (NOS), consumer price index (CPI) inflation eased during the first seven months of the year, averaging 2.1% y-o-y, compared with 2.6...

The consumer price index (CPI) inflation rate decreased further to 7.6% y-o-y in August, compared with the 8.0% y-o-y reading recorded in July. On a monthly basis, the CPI increased by 1.2% in August,...

Transport activity still very weak in July Rand falls sharply in risk-off trade Crude slides as Libya starts pumping again Global economic recovery may be longer and slower

Zambia - We are in the process of revising the growth forecast to reflect revisions in trade partners’ growth projections and a higher copper production assumption.

The Covid-19 pandemic, the global recession, and the contraction in neigbouring South Africa’s economy will derail eSwatini. On July 29, the IMF approved eSwatini’s request for emergency financial ass...

eSwatini – Central bank keeps rates on hold. Ethiopia – Oromo activists charged with terrorism. Libya – NOC lifts force majeure. Mozambique – Renamo junta attacks buses in central Sofala province. Moz...

Libya’s National Oil Corporation (NOC) has lifted a force majeure on oil export terminals without a militant presence – a step towards resuming oil exports. The decision followed the announcement on F...

The latest data from the National Institute of Statistics Rwanda (NISR) indicates real GDP plunged by 12.4% y-o-y in Q2, the worst reading on record since the early 1990s. The economy contracted by 4....