Economy West Africa Homepage

A scenario test of three different 2009 oil forecasts shows Gabon's trade balance and fiscal balance can be expected to remain in surplus even if oil falls to US$35.00/bbl. Gabon's... 2008-08-22

A scenario test of three different 2009 oil forecasts shows Gabon's trade balance and fiscal balance can be expected to remain in surplus even if oil falls to US$35.00/bbl. Gabon's... 2008-08-22

Headline inflation in July surged to 13.9% y-o-y, the highest level since November 2005, from 12.1% in June. Inflation's gains were again driven by rises in food inflation, which... 2008-08-22

With oil output stagnating, real GDP growth in Gabon is forecast to shrink to 3.9% in 2009, down from 4.2% in 2008 and 5.6% in 2007. While the non-oil extractive industry is growing... 2008-08-22

Following the IMF's announcement in July that the US$9bn Chinese mining investment project could jeopardise the Democratic Republic of Congo (DRC)'s prospects for qualifying for... 2008-07-25

Despite record high oil prices, we see a slowdown in real GDP growth to 4.2% in 2008 from 5.6% in 2007, with a further decline to 3.9% projected for 2009. With oil making up 40% of... 2008-07-24

We forecast a widening in Guinea's current account deficit to 11.0% and 11.4% of GDP in 2008 and 2009 respectively, which represents a significant uptick from 9.7% in 2007 and 5.7%... 2008-07-24

We expect a steady rise in GDP growth after a disappointing performance in 2007. Real growth is likely to reach 5.8% in 2009, up from a forecast 4.4% in 2008 and just 2.8% in 2007.... 2008-07-24

Gabon's economy has historically been very stable, reflected in its regionally high structural economic risk rating, but going forward risks are materialising. While Gabon's short-term... 2008-07-23

BMI View: Anglo-Irish Independent Tullow Oil has said that reserves at its Jubilee field in Ghana could be as much as 1.8bn barrels (bbl) of oil and that it is on track to begin... 2008-07-23