We publish a range of reports designed to directly address the information needs of professional investors and senior business decision makers engaged in Africa expansion. These reports span up-to-the-minute alerts and weekly newsletters on the continent to country-specific quarterly reports.
Talking Point: Uganda – Policy rate unchanged in June
At the June Monetary Policy Committee (MPC) meeting, the Bank of Uganda (BoU) kept the country’s benchmark policy rate unchanged at 10%. This decision is consistent with the BoU’s accommodative moneta...
Talking Point: Tunisia – Rating agencies worried about fiscal & external pressures
Fitch Ratings has affirmed Tunisia’s sovereign credit rating at B /negative. The agency notes that the rating is constrained by large twin fiscal and current account deficits, rising public debt level...
Congo, Dem. Rep.: Pressure on commodity prices and the restrictive operating environment continue to constrain growth
The mining sector continued its upward momentum throughout last year, with copper production increasing by 11.9% to 1.2 million tonnes and cobalt output increasing by a remarkable 32.7% to 105,372 ton...
Gabon: Growth to pick up this year, but the economy remains burdened by a structurally low oil price
Although the Gabonese economy has been struggling in the wake of the 2014-16 oil price slump and due to dwindling oil production, economic growth is forecast to regain some momentum this year, attain...
Talking Point: Botswana – MPC keeps bank rate unchanged
The Monetary Policy Committee (MPC) of the Bank of Botswana (BoB) decided to maintain the policy rate at its latest meeting, given the below-trend domestic economic activity and a favourable medium-te...
Talking Point: South Africa – PSCE growth down in May, M3 growth up
Private sector credit extension (PSCE) growth decreased to 7.66% y-o-y in May 2019 from 7.95% y-o-y in April, based on a monthly change of R1.3bn (R27.5bn in April). The outcome was somewhat lower tha...
Talking Point: Tunisia – Terror returns to Tunis
Media reports spoke of body parts lying on the ground following two coordinated bomb attacks in the centre of Tunis on Thursday, June 27. The first, at around 10:50, was a suicide bombing near the...
Namibia: Economic depression expected to drag on in 2019, construction looking especially weak
The economy is forecast to contract for a third consecutive year due to a decline in diamond exports, a drop in agricultural output due to severe drought, weak service industry output as a result of r...
Talking Point: Gabon – Fitch affirms sovereign credit rating
Fitch Ratings affirmed Gabon’s sovereign credit rating at B with a stable outlook on June 26. The key rating drivers cited were a high GDP per capita relative to peers, an improving fiscal trajectory,...
Weekly Africa Political Risk Report: Overview of the past week’s political developments
Algeria: Army plays for time, cracks down on Amazigh flags (Jun 25). DRC: From our Quarterly Update (Jun 27). eSwatini (Swaziland): From our Annual Country Profile (Jun 25). Ethiopia:...
SA Daily Economic Report: Morning market update
PPI inflation eases slightly in May Big petrol price drop expected for July US jobless claims jump to a 7-week high ZAR edges stronger amid flat USD
Bond market and currency metrics for African capital markets
Nigeria – Our revised growth outlook sees the real economy expanding by 2.4% this year, well below potential. we revised the deficit forecast for this year wider to 5.0% of GDP. We furthermore adjuste...
Daily Africa Insight: An overview of today’s key events and developments
Algeria: Inflation trends lower still in May due to base effects. South Africa: PPI inflation eases slightly in May. South Africa: Sona failed the SOE test and that spells trouble. Togo...
Nigeria: Growth continues to accelerate, driven by gradual rise in oil output and strengthening demand
The economic rebound stalled at the start of the year, with GDP growth easing from 2.4% y-o-y in Q4 2018 to 2.0% y-o-y in Q1 2019. Lower oil output due to disruptions caused by pipeline leakages was t...
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The appointment of a new finance minister in #Zambia signals a softening stance towards the challenges faced by the private sector. Meanwhile, the 2019 GDP growth revision reflects concern for mining sector difficulties.
Social media activism goes #BlueForSudan businesslive.co.za/fm/features/af… via @BusinessLiveSA
#Cameroon IMF approves $76.2m disbursement, bringing total disbursements under the three-year Extended Credit Facility arrangement to $514.5m (SDR372.6m).
#Morocco household confidence drops significantly in Q2; prospects appear bleak as living costs and unemployment expected to rise over the next year.
#Angola’s inflation rate declines further to 16.93% in June. Exchange rate depreciation quickening over the past couple of months and fiscal revenue mobilisation efforts are the biggest upside risks to the inflation environment over the short term.
#Mozambique #inflation rate ticked down further to 2.3% in June. Despite this being the lowest reading since August 2015, we do expect considerable upside pressure during H2.
#SouthAfrica No surprises as the Sarb opts to cut the repo rate by 25 bps to 6.5%. The benign inflation environment and weak economic outlook paved the way for monetary policy loosening.
In the Media
- Jul 14 2019
- Jul 05 2019
- Jul 01 2019
- Jun 14 2019
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- Jun 13 2019
- May 20 2019
- Apr 12 2019
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- Apr 02 2019
A detailed scenario analysis of different policy actions the Central Bank of Nigeria could take in response to the foreign exchange liquidity squeeze in 2016, the effects on foreign reserves to be expected under each, and the resulting consequences for firms needing to repatriate profits.
A report on logistics in Djibouti covering infrastructure, human resources, electricity and the financial sector, and which included macroeconomic overviews of the neighbouring countries for which Djibouti serves as a transport hub. For an Emirati harbour logistics firm.