NKC African Economics

The Ethiopian Human Rights Commission (EHRC) released a statement on September 17 saying it was “deeply concerned by the security events unfolding in the Benishangul-Gumuz region”. The EHRC noted that...

As of Thursday, September 17, there were 216,953 active Covid-19 cases in Africa, down 15,253 in the week. Deaths from the disease totalled 33,461, marginally lower than the number for Italy. South Af...

Despite a promising start to the 2020 tobacco marketing season, a poor end to the year dashed hopes of a strong annual performance. The 2020 tobacco marketing season started off comparatively well in...

The latest oil production data released by Opec shows that Gabon’s oil production has declined further in August. Production fell from an estimated 186,000 bpd in July to 181,000 bpd in August. As a r...

On Wednesday, the National Assembly endorsed an increase in the bond programme ceiling from P15bn to P30bn ($2.9bn). Thapelo Matsheka, minister of finance and economic development, lobbied for the inc...

The DRC will have to fulfil three major prerequisites if it wishes to negotiate a three-year Extended Credit Facility (ECF) programme with the IMF. The Fund requires the authorities to display full tr...

While oil output declined in May, Nigeria’s production did not fully comply with the agreement reached between Opec+ participants. Total Opec+ output was to be reduced by roughly 9.7 million bpd over...

The economy suffered a larger contraction last year than earlier estimated, according to the Namibia Statistics Agency’s (NSA) recently published revised national accounts data for 2019. According to...

Cameroon – Carrot and stick in the Anglophone region (Sep 15). Côte d’Ivoire – It’s officially Ouattara vs Bédié (Sep 15). Egypt – From our Quarterly Update (Sep 14). Ethiopia – Tigray regional electi...

Policy rate unchanged amid deeper slump, lower inflation Philly Fed index dips slightly in September BoE in no hurry to consider more QE US stocks dragged by messy claims data

Botswana - National Assembly endorsed a doubling of the bond programme ceiling, opening the door for an issuance calendar revision to bridge the ballooning deficit.

Gabon – Libreville mayor in hot water. Ghana – Despite contracting, GDP better than expected in Q2. Mozambique – Inflation remained stable in August. Namibia – Transport price inflation shifts out of...

Africa – Weekly Covid-19 update (Sep 11). Angola – Kwanza misery pushes inflation to near three-year high (Sep 16). Botswana – Transport deflation keeping the brakes on CPI (Sep 16). Cameroon – Carrot...

The South African Reserve Bank (Sarb) kept the country’s benchmark interest rate unchanged at 3.5% following the September Monetary Policy Committee (MPC) meeting. Expectations were largely split betw...