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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

BMI View: We expect growth to pick up in 2013 compared to the previous year, as interest rates begin to fall and investment increases. We are forecasting real GDP expansion of 6.1% in 2013, and 7.1% in 2014.

2013-04-25

Economy / Kenya

BMI View: We are expecting the Kenyan economy to expand by 5.7% in 2013 and by more than 6.0% in the years thereafter thanks to a post-election boost in confidence... 2013-04-25


Economy / Sudan

The governments of Sudan and South Sudan agreed to establish 10 crossings along their joint border on April 23, eight of which will be opened immediately in a bid to boost trade and... 2013-04-25

East Med

Economy / Israel

BMI View: Israel's stock of foreign reserves fell 1.4% y-o-y to US$75.8bn in October 2012, mostly as a result of increased government transfers abroad. However, total reserves currently amount to approximately 9.2 months of imports, providing a solid coffer against risks of a deterioration in the country's external position. We forecast the stock of foreign reserves coming at US$78.8bn... 2013-04-26


Economy / Jordan

Jordanian Prime Minister Abdullah Ensour's new government won a vote of confidence from the country's parliament on April 22, with 83 votes in favour and 65 against in the 150-seat... 2013-04-26


Economy / Israel

The Southern Israeli city of Eilat was hit by at least two rockets in April 16, which police claim have landed in open and vacant areas. The rockets are believed to have been fired... 2013-04-26

North Africa

Economy / Libya

Two French guards were injured after an apparent car bomb exploded outside the French embassy in the Libyan capital Tripoli on April 23, causing serious damage. The embassy's reception area as well as parts of some neighbouring homes were destroyed in the blast. The blast is believed to have been caused by a booby-trapped car. French President François Hollande... 2013-04-29


Economy / Algeria

Ali Hached, an adviser to Algeria's Ministry of Energy, said in April that he is confident that the country can maintain the security of its natural resource projects in the wake of... 2013-04-29


Economy / Algeria

Algeria’s total reserves minus gold came in at US$191.0bn in February, worth approximately 45.9 months of imports, providing a considerable coffer against volatility in global... 2013-04-29

Southern Africa

Economy / Zimbabwe

State media reported that a voter registration exercise would begin in Zimbabwe on April 29 as the country readies itself for presidential and legislative elections due to be held in the coming months. However, it was not clear whether the registration process, which has been repeatedly delayed due to budgetary constraints, had begun as we went to print on April 30th. There has... 2013-04-29


Economy / South Africa

A bill for managing state secrets was approved by parliament on April 25. The Protection of State Information bill is one of the most hotly contested legislative proposals by the government.... 2013-04-29


Economy / Zambia

The marriage of convenience between the United Party for National Development (UPND) and the Movement for Multiparty Democracy (MMD) has hit another rough patch, with the MMD director... 2013-04-29

The Gulf

Economy / Iran

According to the latest data released by the Central Bank of Iran (CBI), consumer price inflation (CPI) came in at 32.0% y-o-y in October 2012. Moreover, the government's statistics office has announced that consumer price inflation increased 30.2% and 31.5% y-o-y in February and March 2013, respectively. We forecast consumer price inflation averaging 25.0% and 16.0% in... 2013-04-26


Economy / Oman

Oman's Sultan Qaboos bin Said issued a royal pardon on March 22 for an estimated 50 dissidents jailed for defaming the ruler or taking part in protests. Some 20 of the sentenced prisoners... 2013-04-26


Economy / Iraq

A militant group that includes al-Qaeda in Iraq claimed responsibility in April for a series of bombings in Baghdad on March 19. The co-ordinated wave of suicide, car and roadside bombings... 2013-04-26

West Africa

Economy / Cameroon

A number of international and domestic rights groups and campaigns, including Human Rights Watch and Humanity First Cameroon, have condemned Cameroon's treatment of lesbian, gay, bisexual, and transgender people. While homosexuality is illegal in many African nations, Cameroon is one of only a handful which regularly prosecutes individuals for homosexual conduct, and the organisations... 2013-04-26


Economy / Gabon

The decision by mining major BHP Billiton to freeze all of its operations in Gabon is a major blow to President Ali Bongo's plans to develop his country's mining sector. The government's... 2013-04-26


Economy / Ghana

Although the official data on real GDP growth show a sharp slowdown in 2012, we nevertheless maintain our positive view on Ghana, given that a number of other sources point to buoyant... 2013-04-26