Economy East & Central Africa Homepage

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

On the back of ongoing increases in commodity prices (in particular metals) and FDI inflows, we have increased our real GDP growth forecasts for 2008 and 2009 to 9.9% and 12.3% respectively... 2008-07-01

BMI View: Kenya's finance minister, Amos Kimunya, in June delivered the 2008-2009 budget speech, in which he offered an improved public healthcare system. For the financial year... 2008-07-01

Uganda witnessed its largest annual inflation growth reading in over two years, posting CPI growth of 12.4% y-o-y, up from 11.2% y-o-y the previous month. This reading - the highest... 2008-07-01

We see Djibouti running an ongoing current account deficit equal to 0.2% of GDP in 2008 and declining to 0.1% of GDP by 2012, as the country traditionally has little except salt to... 2008-06-30

BMI View: We expect inflation to enter the double digits in Sudan in 2008, driven by food price rises and fiscal laxity. Moreover, the central bank will find it difficult to rein... 2008-06-27

BMI View: We are forecasting real GDP growth in Sudan of 7.9% in 2008, followed by an even faster 8.4% in 2009. While growth in the oil economy looks set to slow, we expect the non-oil... 2008-06-27