Economy East & Central Africa Homepage

With commodity prices on the decline, we believe that inflationary pressure are likely to decrease noticeably over the course of 2009. Indeed, while average inflation is projected... 2008-10-27

The impact of the significant fall in global food and energy prices on consumer price inflation growth is tentatively beginning to be felt, with CPI in September coming in at 15.2%... 2008-10-24

BMI View: We are fairly upbeat on Kenya's growth prospects over 2009-2018, forecasting annual real GDP growth of 4.2% by 2013 and 3.3% by 2018. Key supporting factors will be its... 2008-10-13

BMI View: Kenya's banking sector is set to suffer somewhat amid current macroeconomic headwinds, and we see scope for an increase in non-performing loans. Nevertheless, our outlook... 2008-10-09

On the back of a strong recovery in real GDP growth, the Democratic Republic of Congo (DRC)'s telecommunication industry, especially the mobile phone sector, has seen significant... 2008-10-01

Despite our more cautious outlook on commodity prices over the medium term, we maintain our forecast of a 12.3% increase in real GDP growth in 2009, up from a projected 9.9% rise... 2008-09-30

We have slightly revised down our 2008 and 2009 growth forecasts to 7.7% and 7.8% respectively on the back of the global economic slowdown. That said, Tanzania is reasonably well-situated... 2008-09-29

Headline inflation rose to 9.8% y-o-y in August from 9.5% in July. With food inflation falling 1.6% m-o-m, and non-food inflation up 0.8% m-o-m, the trend we have previously highlighted... 2008-09-26

BMI View: We believe EM risk aversion is likely to weigh on appetite for Kenya's planned US$500mn sovereign bond issue, if it goes ahead as planned in H109. Furthermore, macroeconomic... 2008-09-26

BMI View: The outlook for real GDP growth over Q408 is clouded by the ailing manufacturing sector. The industry comprises around 10% of the economy, and we expect the possible contraction... 2008-09-26