Subscription Services
Latest Analysis
Talking Point: Libya – HoR approves PM Bashagha’s Cabinet
On Tuesday, March 1, the House of Representatives (HoR) in Tobruk voted its approval of the Cabinet proposed to it by Fathi Bashagha, whom the HoR picked as prime minister on February 10. The vote was...
Talking Point: Nigeria – PMI jumps as private sector shrugs off Omicron
The Nigerian private sector improved substantially last month, with the Stanbic IBTC Bank purchasing managers’ index (PMI) rising from 53.7 in January to 57.3 in February 2022. The latest PMI reading...
Fixed Income Daily: Debt ambitions against a backdrop of rising external headwinds
Angola - At end-January, Angola signalled intent to tap the Eurobond market again this year, but success of this avenue will greatly rely upon market sentiment towards weaker credit issuers once US mo...
Daily Africa Insight: Zondo report, delayed elections, and power grid boost
East Africa – Somalia presidential elections delayed again. Namibia – Slow start to new year for monetary and credit aggregates. South Africa – New vehicle sales trek higher. South Africa – Penultimat...
Talking Point: South Africa – New vehicle sales trek higher
The latest figures from the National Association of Automobile Manufacturers of South Africa (Naamsa) show that the domestic new vehicle market improved in February. A total of 44,229 units were sold...
Higher energy prices and crude oil project start-ups bode well for growth recovery
After five-straight years of recession, we estimate the Angola economy expanded by a marginal 0.3% in 2021 thanks to buoyant non-oil sector growth. We forecast real GDP growth will pick up to 2.8% thi...
Talking Point: East Africa – Somalia presidential elections delayed again
On Friday, February 25, authorities in Somalia extended the deadline for electing members of the lower house of Parliament to March 15. Voting for MPs takes place under a complex indirect system in wh...
Talking Point: South Africa – Penultimate Zondo report recommends charges
President Cyril Ramaphosa received the third and penultimate report of the Judicial Commission of Inquiry into Allegations of State Capture (the ‘Zondo Commission’) on Tuesday, March 1. He received pa...
Talking Point: Namibia – Slow start to new year for monetary and credit aggregates
Private sector credit extension (PSCE) growth picked up moderately in January, mainly thanks to higher demand for business credit, according to the latest Bank of Namibia’s (BoN) Money and Banking Sta...
Talking Point: West Africa – New power line to boost access to electricity
West Africa’s power grid is set for a considerable boost. At the end of February, the Economic Community of West African States (Ecowas) announced that it had launched a 330-kilowatt interconnection l...
Fixed Income Daily: Accelerating inflation, fractured politics and debt woes
Rwanda - We expect the fiscal deficit to narrow further this year to reach 10.7% of GDP. Fiscal consolidation over the medium term will nevertheless be slow, but high growth is expected to translate t...
Daily Africa Insight: Fractured politics, industry recovery and surging inflation
South Africa – The manufacturing sector’s good start to 2022 continues. Tanzania – Positive terms of trade shock retreats in 2021. Uganda – Core and fuel inflation pushes up headline rate. West Africa...
Prospects improve on debt restructuring progress
Strong merchandise trade performance on the back of favourable terms of trade, strengthening business conditions, and the restoration of policy credibility prompted a positive revision to our GDP grow...
Economy to remain robust with a 4.2% expansion in 2022
Economic growth has surprised to the upside and has set the stage for resilient growth over the short- to medium term. As a result, we forecast real GDP growth to average 4.1% p.a. over the 2022-25 pe...
Featured African Economic Insights
Gain unparalleled economic and political insight into 54 African economies. Download up to three Research Briefings for free. Or, to get unlimited access to Oxford Economics Africa's full database of briefings, commentary, daily analysis, high-quality research and data, request an obligation-free trial today.
See all tweets
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.
In the Media
- Mar 03 2022
- Feb 25 2022
- Feb 22 2022
- Feb 17 2022
- Feb 16 2022
- Feb 16 2022
- Feb 15 2022
- Feb 11 2022
- Feb 11 2022
- Feb 03 2022
- Jan 25 2022
- Jan 25 2022
Africa Economic Insight
Gain unparalleled economic and political insight into 54 African economies. Download up to three Research Briefings for free. Or, to get unlimited access to Oxford Economics Africa's full database of briefings, commentary, daily analysis, high-quality research and data, request an obligation-free trial today.
Sample Country Report
Download a free sample report, highlighting our economic analysis, as well as incorporating our political assessment for Nigeria in 2021.
BESPOKE REPORT IN COLLABORATION WITH UNECA
Unemployment and underemployment remain pervasive across the continent, and demographic trends suggest that the situation will deteriorate further if not effectively addressed. In collaboration with UNECA, Oxford Economics Africa examined 34 employment initiatives across 15 different countries, with the aim that key lessons will inform policy recommendations across the continent.
TAILORED ECONOMIC IMPACT ASSESSMENT
Oxford Economics Africa has extensive experience in measuring economic footprints and conducting policy impact assessments, with the latter often necessitating sophisticated modelling expertise to map out digital economies, measuring the impact of complex tax scenarios and assessing the impact of shocks. We have also expanded our service offering, covering economic, environmental, and social impacts across the value chain, on a consistent basis and comparable with Sustainable Development Goals and Greenhouse Gas Protocol metrics.