Economy West Africa Homepage

We forecast that Cameroon's external debt burden will amount to 9.2% of GDP (US$2.2bn) in 2008. Despite the country's low debt levels, Cameroon maintains a relatively modest C ... 2008-09-30

Amid falling oil output, we are forecasting real GDP growth of 4.2% in 2008, down from a relatively high 5.6% in 2007. Going forward we see real GDP growth slowing further to 3.9%... 2008-09-26

On the back of higher than anticipated oil prices and a decision to pay off foreign debt, we are forecasting Gabon's 2008 fiscal expenditure and revenue to be significantly above... 2008-09-26

BMI View: Consumer price inflation in August came in at 18.1% y-o-y, confirming the downtrend seen since the peak of 18.4% y-o-y in June. We believe inflation will continue to trend... 2008-09-26

The Central Bank of Nigeria recently released its updated Q208 growth figures for Nigeria, with growth revised up slightly from 6.6% y-o-y to 6.7% y-o-y. This follows 5.5% growth... 2008-09-25

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

BMI View: The fiscal deficit in Ghana will swell notably in 2008, coming in at a forecast GHS1.6bn (9.0% of GDP). Key drags on the fiscal position will be the lifting of import duties,... 2008-08-01