NKC African Economics

On Monday, November 23, 12 foreign diplomats were in court to attend a hearing of Gasser Abdel Razek, the executive director of the Egyptian Initiative for Personal Rights (EIPR). Mr Abdel Razek is th...

Zimbabwe is in the midst of severe economic headwinds and macroeconomic stability continues to allude the nation. Inflation is running rampant, the local currency is in a free fall, nearly the entire...

The Mozambican economy recovered slightly in Q3 2020 from the adverse effects of the coronavirus crisis, but remains on track to record a small contraction this year. More specifically, preliminary da...

Sit-in protestors stopped oil production at the Douleb oilfield in the province of Kasserine in central Tunisia on Monday, November 23. The protestors are demanding that the government address the lac...

Consumer price inflation rose from 3.0% y-o-y in September to 3.3% y-o-y in October. While still marginally above the lower bound of the central bank target range of 3% to 6%, this is the highest infl...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) convened for the last time this year on November 24. With very little room to manoeuvre, the MPC opted to keep the monetary pol...

Tourism sector will hope for an international bump in Q4 Rand closes in on R15/$ Trade tensions between Australia and China are simmering High-frequency data consistent with a fall in UK GDP

Côte d’Ivoire - Côte d’Ivoire’s return to global capital markets in the pandemic era was rewarded as the order book exceeded €5bn with final terms on the WAL offering trimmed to a 5% yield, from guida...

Two exogenous bearish shocks – the Covid-19 pandemic and a concurrent climate shock – followed by a war brought high growth momentum to an abrupt halt, and now threaten a fledgling recovery. Demograph...

The latest data for Q3 shows a stronger recovery than previously expected, prompting an upward revision to our GDP forecasts. We now expect an 8.4% GDP contraction in 2020 compared with a previous for...

eSwatini – Rate freeze announced by central bank. Gabon – Inflation eases slightly in October. Ghana – Central bank maintains policy rate as conditions improve. Kenya – Negotiations underway for an IM...

Upon conclusion of its last meeting for the year, the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) decided to maintain the policy rate at 14.5%. The MPC noted that, in general, macroecon...

Tunisia’s Assembly of Representatives of the People is meeting this week to draft a reformed budget, after an earlier draft was rejected by the Parliament and the Central Bank of Tunisia (CBoT). The p...

The recovery in the domestic tourism sector continued in September, with income from accommodation increasing by nearly 57% on a m-o-m basis. This follows a near doubling in earnings in August. Howeve...