NKC African Economics

As of Thursday, March 25, there were a total of 313,417 active Covid-19 cases (confirmed cases minus deaths and recoveries) in Africa. This is the first weekly increase in active cases on the continen...

The federal government has revealed the extent to which it subsidises the country’s fuel price but said that it is no longer sustainable. The group managing director of the Nigerian National Petroleum...

The Monetary Policy Committee (CPMO) of the Bank of Mozambique (BdM) has decided to maintain the benchmark interest rate – known as the monetary policy interest rate (Mimo) – at 13.25%. The CPMO says...

Unsurprisingly, MPC decides to hold repo rate steady US economy on the cusp of blooming Initial jobless claims still noisy, but signal a healing US labour market EUR trades in a narrow band

Angola – From our Annual Country Profile (Mar 25). Central Africa – Sassou-Nguesso easily re-elected in Congo Republic (Mar 25). Central Africa – Mohamed Bazoum is Niger’s new president (Mar 23). DRC...

Rwanda - The latest auction saw the Rwandan central bank struggling to meet issuance targets, with undersubscription containing issuance and increasing yields. However, the country’s economic environm...

Central Africa – Sassou-Nguesso easily re-elected in Congo Republic. DRC – The John Numbi affair and its implications. Gabon – Inflation starts off 2021 on stable ground. Rwanda – First annual contrac...

Africa – Weekly Covid-19 update, March 19 (Mar 19). Central Africa – Sassou-Nguesso easily re-elected in Congo Republic (Mar 25). Central Africa – Mohamed Bazoum is Niger’s new president (Mar 23). Côt...

The Monetary Policy Committee (MPC) of the South African Reserve Bank (Sarb) decided to hold rates steady at 3.5% upon conclusion of its second meeting for 2021. The decision to hold was in line with...

We forecast Angola’s real GDP to improve from a 5.5% contraction in 2020 to a 1.7% expansion in 2021. Prompted by the rally in oil prices in Q1 2021 and better expectations for global trade, we revise...

Producer price pressures continue to intensify, according to Statistics South Africa’s (StatsSA) latest producer price index (PPI) report. On a monthly basis, the PPI for final manufactured goods jump...

Denis Sassou-Nguesso was re-elected as president of Congo Republic in the first round of this year’s presidential election on Sunday, March 21, with 88.6% of the vote, according to official results. H...

Consumer price index (CPI) inflation in Tunisia decreased to 4.9% y-o-y in February, from 5.1% y-o-y in January. The m-o-m rate was 0.3% in February, down from 0.5% m-o-m in the previous month. The ma...

John Numbi, a general in the police, is missing and presumed to have fled the DRC. He was summoned to appear before a court martial in Kinshasa on March 17 to answer accusations that he ordered the to...