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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Economy / Sudan
South Sudan has claimed that Sudan has seized US$815mn worth of crude that was being transported its northern neighbour's pipeline. South Sudan seceded from the north in July but the two countries have failed to agree on how to share revenues from oil that is produced in the south, but needs to travel through northern pipelines to be exported. Sudan has reportedly seized oil being...
2012-01-26Economy / Tanzania
Following meetings with leaders of opposition Chadema party, President Jakaya Kikwete announced that the government would submit a bill to the National Assembly which will amend the...
2012-01-26Economy / Uganda
BMI View: Uganda's current account deficit is expected to narrow in 2012, but still remain quite large, at just under 10% of GDP. The trade account deficit makes up most of the shortfall,...
2012-01-26Economy / Egypt
Egypt's Field Marshal Hussein Tantawi announced plans to partially remove the decades-old state of emergency with effect from January 25, which coincided with the first anniversary of the country's political revolution. The military ruler added that the law would still remain applicable in cases of "thuggery", without giving any details. The country has been operating under emergency...
2012-01-26Economy / Egypt
Recently released data from the Central Bank of Egypt (CBE) has once again highlighted the ongoing deterioration to the economy's external position, with the total stock of foreign...
2012-01-25Economy / Lebanon
Lebanon's trade deficit continued to expand at an alarming rate through September 2011, having increased to US$16.4bn compared to US$10.2bn in the same time period in 2010. Growth in...
2011-12-28Economy / Algeria
Customs data released on January 22 showed that energy exports amounted to US$ 71.2bn in 2011, a 28.3% increase on 2010. We estimate that the current account surplus came in at 20.5% of GDP in 2011, up from 7.5% of GDP in 2010.
2012-01-25Economy / Algeria
The Algerian people are growing increasingly angry about unemployment, poor housing and centralised decision-making, according to Mohamed Seghir Babes, an official linked to the government....
2012-01-25Economy / Tunisia
Headline inflation in Tunisia increased by 4.2% y-o-y in 2011. Inflation will remain elevated in the medium term, and we reaffirm our forecast that it will come in at 4% by end 2012....
2012-01-24Economy / Madagascar
40 people drowned after their boat capsized in the Indian Ocean off the north-eastern coast of Madagascar on December 26, raising concerns over the level of maritime safety off the island's coasts.The accident occurred when strong waves hit the boat, as it was leaving the loading port of Toamasina. The vessel was also carrying 50 tonnes of goods. In August 2011, the country's Minister...
2011-12-30Economy / Mozambique
Mozambique is likely to present a revised mining law for approval in early 2012 with the aim of streamlining procedures and encouraging investment in its booming coal sector, according...
2011-12-30Economy / Botswana
BMI View: We are forecasting Botswana's budget deficit to narrow to 5.6% of GDP in FY2011/12 and 4.4% in FY2012/13, representing an improvement from the 6.4% deficit recorded in...
2011-12-30Economy / Qatar
In spite of a sharp increase in government spending, we continue to expect Qatar's budget position to remain healthy over the coming years. We are pencilling in a 36.3% y-o-y rise in government revenues through FY2011/12 - primarily the product of soaring hydrocarbon income - and expect the budget to remain in the black to the tune of 8.4% of GDP, compared with 3.3% of GDP in FY2010/11....
2011-12-21Economy / Yemen
While inflationary pressure is set to remain pronounced in Yemen over the coming quarters, we expect the headline print to moderate in 2012 compared with 2011. We are forecasting average...
2011-12-21Economy / Saudi Arabia
We retain a broadly sanguine outlook on the medium-term prospects for Saudi Arabia's external position. The spike in global energy prices throughout 2011 has left the current account...
2011-12-13Economy / Cote d'Ivoire
The Front Populaire Ivoirien (FPI) announced one of its supporters died when stone-throwing youths attacked a party rally on January 21. The FPI went on to claim that the assailants were linked to the government: "It was sanctioned by those in power. They like violence and they are afraid of us expressing ourselves," according to Sylvain Miaka Ouretto, interim president of the FPI....
2012-01-25Economy / Congo, Dem. Rep.
The UN has claimed that former rebels were promoted to senior positions in the Congolese army in return for supporting President Joseph Kabila's re-election effort in November 2011....
2012-01-25Economy / Niger
Niger's population has an annual growth rate of over 3.0%, one of the highest in the world. The expansion of the population, which we expect to grow from 16.1mn in 2011 to 55.0mn in...
2011-12-29
