Economy East & Central Africa Homepage

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,... 2012-01-26

We are forecasting real GDP growth of 6.1% for the DRC in 2012, a slight fall from the 6.4% growth we estimate for 2011. Economic activity should be driven by an expanding mining sector:... 2012-01-25

Kenya's current account deficit ballooned to an estimated US$3.8bn (10.1% of GDP) in 2011 from US$2.5bn (7.8%) a year earlier. We believe that a combination of subdued demand from Europe... 2012-01-04

We are expect the DRC's exports to grow by 22.0% in 2012 largely on the back of our Mining team's forecasts for the sector to expand by 70% between 2011 and 2015. Improvements in the... 2011-12-30

BMI View: Regional drought and rising global commodity prices saw inflation rise to very high levels in the latter part 2011. We expect that price growth will moderate over the coming... 2011-12-19

BMI View: Congo's inflation, which has been stubbornly elevated in the past due to rapid growth and undisciplined monetary policy, stood at 18.4% at the end of October 2011. Price... 2011-11-17

BMI View: Uganda's growth prospects in the coming years are expected to be excellent, as investment into the country will remain strong and a rising consumer class increasingly makes... 2011-11-17

BMI View: We have made significant revisions to Uganda's growth forecasts over the next several years, due to an expected delay in the onset of oil production, and an adjustment... 2011-11-07

BMI View: In the face of rising inflation, the Bank of Uganda continues to employ an aggressively hawkish stance, hiking its benchmark interest rate a further 300bps, to 23.00%,... 2011-11-01

BMI View: The Ugandan shilling has been under pressure for most of 2011, and we now expect the year-end exchange rate to be about UGX2,800/US$. We believe that 2012 will see a slight... 2011-10-20