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Middle Eastern and African market data, analysis and forecasts from Business Monitor International, the trusted source for business information and intelligence on global emerging markets.

Middle East & Africa Monitor provides political risk analysis, economic forecasts and business information for trade & industry across the Middle Eastern and African economies of the East Med, The Gulf, North Africa, Southern Africa, East & Central Africa and West Africa. Middle East & Africa Monitor is available as six printed, regional, monthly newsletters. Subscribers also receive password access to a searchable 24-month archive of Middle East & Africa Monitor articles and data online plus the ability to download PDFs of current and back issues of Middle East & Africa Monitor.

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Latest Stories
East & Central Africa

Economy / Uganda

With donor funds restricted, the government's finances will be under pressure over the medium term. We are estimating a budget deficit of 3.7% of GDP in FY2012/13, which we expect to widen to 3.9% in FY2013/14.


Economy / Congo, Dem. Rep.

BMI View: Slowing export growth, weakening copper prices, and a high dependence on imported products will see the DRC's current account deficit increase over the coming years. We forecast... 2013-07-19

Economy / Uganda

An estimated 1.2mn people could be reportedly affected by the deteriorating food security situation in the north-eastern region of Karamoja in Uganda. Analysis carried out... 2013-07-19

East Med

Economy / Israel

The EU has said it will ban EU grants, prizes or loans to Israeli organisations operating in territories occupied by Israel since the 1967 Middle East War. The decision, announced on July 16, is stipulated in guidelines adopted by the EU's Executive Commission in late June, which are expected to be published in the week ending July 20. Israeli Prime Minister Benjamin Netanyahu has... 2013-07-19

Economy / Lebanon

BMI View: According to data from the Beirut port authority, the port of Beirut in Lebanon saw the volume of goods handled grow by 18% year-on-year in May 2013. The increase was mostly... 2013-07-19

Economy / Israel

Israel's Bank Hapoalim consumer confidence index (CCI) increased in June to 118.9 points, from 113.8 in May. That said, the index fell 8.5% in year-on-year terms in June. While... 2013-07-19

North Africa

Economy / Tunisia

Total reserves minus gold in Tunisia came in at US$6.6bnin May, accounting for approximately 2.9 months of imports. Although the country will likely avoid a balance of payment crisis this year as a result of the high projected inflow of foreign aid, foreign reserves will remain low. We project total reserves minus gold coming in at US$7.0bn at end-2012, a 1.0% y-o-y increase.


Economy / Algeria

Three opposition Algerian lslamist parties - the Movement for the Society of Peace, the Islamic Renaissance Movement and the Movement for National Reform - agreed in July on... 2013-07-22

Economy / Algeria

Consumer price inflation (CPI) came in at 3.4% y-o-y in the city of Algiers in May, compared to average inflation of 8.9% in 2012, with prices having declining 0.7% in month-on-month... 2013-07-22

Southern Africa

Economy / Madagascar

A confluence of negative factors is strangling economic growth in Madagascar and has prompted us to revise down our outlook for the island's economy in 2013 and 2014 to 2.2% and 3.1% respectively (from 3.7% and 4.0% previously).


Economy / Zambia

Thanks to robust investment into the mining sector, a strong expansion in export volumes, and growth in the consumer sector, we are expecting strong growth in the coming years in Zambia.... 2013-07-18

Economy / Zimbabwe

Inflation in Zimbabwe is unlikely to rise above 4.0% y-o-y in 2013 as political uncertainty and a weak South African rand will limit demand-pull and imported inflation... 2013-07-18

The Gulf

Economy / Kuwait

The Kuwait Administrative Court threw out on July 14 legal challenges to a parliamentary election set for July 27, clearing the way for the vote to proceed on time. Three separate challenges had been brought up by Kuwaiti citizens, including one pertaining to whether the government was eligible to call for new elections after Kuwait's Constitutional Court ordered the dissolution... 2013-07-19

Economy / United Arab Emirates

The UAE's CPI reached 0.97% y-o-y in May mostly on the back of increases in food prices. Indeed, the UAE imports much of its food from India, which has seen significant declines against... 2013-07-19

Economy / Iraq

Consumer price inflation (CPI) in Iraq increased 1.1% in May, a 0.8% decline in month-on-month terms, compared to average growth of 6.1% in 2012Although we expect the ongoing decline... 2013-07-19

West Africa

Economy / Ghana

A crackdown on illegal mining in Ghana has led to the arrest of over 1,600 people since the beginning of June. Ghana's Minister of Lands and Natural Resources Inusah Fuseini stated that 1,568 of those arrested were foreigners, with many being deported. The inter-ministerial group, tasked with cleaning up the mining industry, is said to be committed to pursuing any further illegal... 2013-07-22

Economy / Cameroon

Following the latest reports, which indicate that the Gulf of Guinea has become the world's hotspot for attacks by pirates, President Paul Biya met with the leaders from neighbouring... 2013-07-22

Economy / Nigeria

Thanks to continued robust growth in the non-oil sector, particularly in construction, telecoms, and wholesale and retail trade, we expect that Nigeria will continue to experience robust... 2013-07-22