Economy East & Central Africa Homepage

We believe 2008 will be the peak year for Tanzania's current account deficit, at 12.2% of GDP. In 2009, as oil prices fall, we see the deficit narrowing to 10.0% of GDP and then to... 2008-08-22

BMI View: Sudan's agricultural sector has considerable potential to attract investment, thanks to a plentiful water supply and a variety of favourable climatic conditions. Burgeoning... 2008-08-19

Uganda's Tourist Board expects tourism receipts to exceed US$500mn in 2008, up 5% on 2007. Tourism receipts exceed those from coffee, but this increase in visitor income may not offset... 2008-07-25

BMI View: We are forecasting real GDP growth of 5.4% in 2008 followed by 4.8% in 2009. Agricultural exports, especially coffee, will remain the key driver.

We see the value of imports rising over 2008 to US$5.7bn from US$4.86 in 2007, as high investment increases demand for machinery amid high oil prices. At the same time, strong metal... 2008-07-25

BMI View: Ongoing trends including heightened political risk, a widening current account deficit and waning investor confidence augur for continued shilling weakness over the remainder... 2008-07-25

BMI View: Oil prices are still above US$120 per barrel despite having come off their highs, and as such we leave our forecast for exports of goods and services in 2008 unchanged... 2008-07-25

We are forecasting Lesotho's current account to remain in surplus in 2008, buoyed by growing exports and stable net income and current transfers. Nonetheless, lack of domestic industry... 2008-07-25

BMI View: Data for Q108 give reason to expect that Kenya's economy will bounce back fairly swiftly from damage incurred by post-election unrest, and we are forecasting real GDP growth... 2008-07-15

BMI View: We are fairly upbeat on Kenya's growth prospects over 2008-2017, forecasting annual real GDP growth of 4.6% by 2012 and 3.6% by 2017. Key supporting factors will be its... 2008-07-02