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 / Jordan
Jordan's most influential opposition party, the Islamic Action Front (IAF), has called on the Palestinian Authority to stop 'absurd' negotiations with Israel. This statement came despite Jordan serving as the host of the second round of informal talks between the two sides. The IAF, the political arm of Jordan's Muslim Brotherhood, has repeatedly criticized Amman's efforts to facilitate...
2012-01-27Economy / 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...
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 / Morocco
Police were forced to intervene to break up an anti-unemployment rally outside the southern city of Ben Guerir on January 20. During the protest, 70 jobless demonstrators threatened to commit 'collective suicide' by walking into a phosphate quarry. Six people were arrested on suspicion of inciting the rally. The region has the second lowest per capita GDP in the country. Despite...
2012-01-30Economy / Libya
The United Nation's Libya envoy, Ian Martin, has reported to the UN Security Council that more than 8,000 pro-Qadhafi loyalists are held in secret detention centres in Libya by militia...
2012-01-26Economy / Libya
In late January Libya's National Transitional Council agreed to pay US$400mn of a total of US$1.4bn in repayments to Turkish contractors for work that was completed before the anti-Qadhafi...
2012-01-26Economy / Mauritius
BMI View: We anticipate that the Mauritian current account deficit will deteriorate slightly to 8.5% of GDP in 2012, from 7.6% in 2011, before making a modest rebound to 7.2% in 2013. An outlook for weak eurozone growth and stubbornly high oil prices informs our view. While we believe this will be financed by surpluses in the capital and financial accounts, we caution that the...
2012-01-30Economy / Mauritius
New regulations concerning the accommodation of foreign workers in Mauritius came into force on January 28. The minister of Labour, Industrial Relations and Employment, Shakeel Mohamed...
2012-01-30Economy / Angola
BMI View: We are forecasting Angola's fiscal surplus to widen to 3.5% of GDP in 2012, from 2.1% in 2011. Given that 2012 is election year, we believe that total expenditure will...
2012-01-30Economy / Kuwait
We expect public expenditure in Kuwait to increase in 2012. Although government spending plans in recent years have been persistently hampered by political gridlock in parliament, we expect growing public agitation - as illustrated by the wave of protest that hit the country in late 2011 - to translate into renewed impetus for a pickup in expenditure over the coming quarters. We...
2012-01-31Economy / Oman
Rumours that outgoing Yemeni President Ali Abdullah Saleh would go into exile in Oman following his departure from Sana'a have proved to be unfounded. Diplomats in Muscat had claimed...
2012-01-31Economy / Kuwait
Riot police in the city of Jahra used tear gas to disperse hundreds of protestors on January 14, according to witnesses cited by the Associated Foreign Press . The demonstrators were...
2012-01-31Economy / Cameroon
BMI View: Cameroon's government revenues will be robust in the coming years, as we expect the price of oil, a key export, to remain at historically high prices. However, expansive government spending, on both capital expenditures and current expenditures such as food and fuel subsidies, will keep the budget balance negative. We are forecasting a shortfall equal to 0.3% of GDP...
2012-01-27Economy / Ghana
BMI View: Annual inflation in Ghana rose slightly to 8.58% in December 2011 from 8.55% in November. Although inflation remains contained for now, we see upside risks over the coming...
2012-01-27Economy / Cameroon
BMI View: A projected multi-year increase in real GDP growth will bring the fiscal deficit back into balance by 2015, but absent reforms to tax collection and subsidy programmes,...
2012-01-27


