Latest Analysis
Talking Point: Libya – HoR takes aim at Dbeibah
The House of Representatives (HoR) is shaping to name a new prime minister, but the current holder of the office says he isn’t going anywhere. On Monday, January 31, HoR Speaker Aguila Saleh announced...
Talking Point: Ghana – Central bank opts to hold steady on policy rate front
During its 104th press conference on Monday, January 31, the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) announced that it had decided to keep the policy rate unchanged at 14.5%.
Talking Point: Great Lakes – Rwanda reopens Uganda border point after three years
As of Monday, January 31, the Rwandan government has reopened its main border crossing with Uganda after three years of closure. Kigali closed the Gatuna border post in February 2019 following a heate...
Talking Point: Uganda – Slip in core inflation offsets acceleration in energy inflation
The January publication of the consumer price index (CPI) by the Uganda Bureau of Statistics (Ubos) shows that CPI inflation decelerated slightly in the first month of this year, with the headline fig...
Talking Point: Kenya – Trade pressures remain muted in November
The merchandise trade deficit grew by 2.8% m-o-m to $1.1bn in November due to a fall in goods exports and a rise in goods imports.
Fixed Income Daily: Bond market and currency metrics for African capital markets
Lesotho - We expect the economy to grow by 4.0% in 2022, down from an earlier forecast of 4.7%. This view assumes that Lesotho’s monetary authorities will follow in the footsteps of Sarb with a cumula...
Lesotho Quarterly Update: Following dismal economic performance since 2017, economic output to expand from 2022 onwards
The mountainous enclave signalled a gradual recovery from the Covid-19 pandemic and related containment measures by recording positive economic growth between April and September 2021. This trend is,...
Ethiopia Annual Country Profile: Downside risks to FDI and balance of payments may derail short-term recovery prospects
Further delays to the telecom sector reform drive and slow progress toward restructuring of external debt flow will amplify external pressures associated with the loss of trade benefits under the Afri...
Daily Africa Insight: An overview of today’s key events and developments
Côte d’Ivoire – Industrial activity looks to carry momentum into 2022. Ethiopia – Fuel and cash shortages may prompt suspension of aid. Ethiopia – Suspension of Licence B portends deepening FDI risk....
Talking Point: South Africa – December surplus caps off a stellar year for merchandise trade
Merchandise exports dipped by 4.0% m-o-m in December to reach R156.3bn, while imports decreased by 0.6% on the month, which resulted in South Africa recording a trade surplus of R30.1bn. The m-o-m dec...
Talking Point: Côte d’Ivoire – Industrial activity looks to carry momentum into 2022
The latest figures for Côte d’Ivoire’s Harmonised Index of Industrial Production (HIPP) indicate that the country’s industrial sector performed strongly towards the end of last year. The index, which...
Talking Point: Libya – Fiscal position recovered in 2021
Like its oil-producing peers, Libya’s government revenues are highly correlated with its crude oil production. The fiscal position recovered markedly in 2021, thanks not only to oil production returni...
Talking Point: Ethiopia – Fuel and cash shortages may prompt suspension of aid
In a situation report dated January 27, the United Nations’ (UN) Office for the Coordination of Humanitarian Affairs (OCHA) confirmed that humanitarian partners in Tigray “continue to downsize operati...
Talking Point: Ethiopia – Suspension of Licence B portends deepening FDI risk
The latest delay to the telecommunications sector reform agenda portends a deepening risk of rapid FDI erosion, a multi-year slowdown in GDP growth, and a balance of payments event. Beset by multiple...
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Latest Tweets
.#Angola crude #oil production dipped for the second-consecutive month in March. Nevertheless, oil output did improve slightly in Q1 2022 as a whole compared with Q1 2021.
President Ouattara of #Cotedivore has named a vice-president: Tiemoko Meyliet Koné, an economist who has spent most of his career at the West African central bank, the BCEAO. The nomination is positive from the point of view of governance.
.#SouthAfrica headline inflation rate came in at 5.9% y-o-y in March, 0.2 ppt higher than the previous month. The March inflation print was slightly lower than the consensus forecast of 6.0% y-o-y.
In its WEO for April the #IMF makes downward revisions to the global growth outlook in response to the war in Ukraine. #Africa is an exception: the Fund’s view of growth in sub-Saharan Africa is unchanged since October. But the outlook for the price environment is bleak.
Inflation in #Sudan rose to 263.2% y-o-y in March. The October coup d'état has sent the already fragile economy into free fall. Living standards are rapidly deteriorating as prices continue to soar, and 18 million people are at risk of facing food insecurity in coming months.
.#Angola #inflation rate dips slightly in March, marking the second-straight disinflation reading this year. The stronger kwanza should give consumers some reprieve this year.
The number of #tourists visiting #Mauritius rose to 66,066 in March as Covid-19 restrictions were relaxed and pandemic-related fears became more of a faint memory.
The #inflation outlook in #Nigeria deteriorated over the past month as the headline print rose to 15.9% y-o-y due to food and fuel prices pressures. Inflation should continue trending upwards throughout Q2 and Q3, averaging above 16.0% this year.
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