Economy West Africa Homepage

With the exception of February 2008, inflation in Sierra Leone consistently runs in the double digits. However, April's CPI growth of 2.7% m-o-m to 13.1% y-o-y was particularly concerning.... 2008-06-30

With oil prices reaching new highs (Brent crude was at one point trading at US$141.00/bbl in June 27), Cameroon's export revenues are likely to receive a boost, and there are increasing... 2008-06-27

The May headline inflation figure of 9.7% y-o-y in Nigeria is in line with our view that inflation could decline in the first half of 2008 before rising in H208 towards our revised... 2008-06-27

The Central Bank of Nigeria recorded real GDP growth of 6.5% y-o-y in Q108, and we see economic expansion picking up over the course of 2008 as the budget - which was delayed for... 2008-06-27

With price controls and subsidies across a variety of goods and a regional currency pegged to the euro, Gabon has avoided the high levels of inflation currently being suffered across... 2008-06-27

Cameroon's plans to boost agricultural output will bode well for economic growth and will assist in reducing the risk of spiralling food price inflation. However, limited access to... 2008-06-26

BMI View: Our core scenario is for a trade deficit of US$5bn in 2009. However, over the medium term this could be mitigated by the onset of oil exports after 2010. Encouragingly,... 2008-06-25

BMI View: We are forecasting real GDP growth of 8.8% in 2008, 8.7% in 2009 and 9.0% in 2010 for Nigeria. Growth through 2008 should continue to be driven by investments in gross... 2008-05-30

We forecast that economic growth will robust over the coming two years, and our real GDP forecasts stand at 4.6% and 5.6% in 2008 and 2009, respectively. In our view, the uptick in... 2008-05-30

BMI View: Following an aggressive 175bps hike in Ghana's prime rate on May 19, we expect a further 100bps of interest rate hikes from the Bank of Ghana in 2008, with risks to... 2008-05-30