Economy East & Central Africa Homepage

BMI View: Sudan continues to run a large current account deficit, although we have revised down our forecast for the shortfall in 2008, on the back of our latest oil price forecasts.... 2008-06-03

BMI View: On May 30, the IMF released a working paper on Tanzania's exchange rate, arguing both that Tanzania's current real effective exchange rate (REER) is marginally undervalued... 2008-06-03

On the back of rapid economic growth, strong FDI inflows, and surging oil prices, we have revised up our current account deficit to 11.8% of GDP in 2008 (up from our previous forecast... 2008-05-30

On the back of rapid economic growth, strong FDI inflows, and surging oil prices, we have revised up our current account deficit to 11.8% of GDP in 2008 (up from our previous forecast... 2008-05-30

While Chinese investment will boost the Democratic Republic of Congo (DRC)'s growth rates, huge capital inflows could pose a risk to macroeconomic stability over the coming years.... 2008-05-27

Despite a slight downward revision for this year, we believe that Uganda's economy will continue to perform strongly over our forecast period, with our real GDP growth projections... 2008-05-27

BMI View: Tanzania scores a relatively low E+ in our in-house sovereign risk ratings, falling in the middle of our rated East African countries. The country's political stability... 2008-05-16

Uganda's announcement of a eurobond issuance is likely to attract considerable interest among foreign investors, given the considerable reduction in Uganda's external debt levels... 2008-05-13

BMI View: With food inflation forecast to remain high through 2008, we believe the BOT is likely to increase the size of its T-bill auctions, which will in turn, lead to higher T-bill... 2008-05-06

We maintain our year-end inflation forecast of 14.0% y-o-y, mainly because we believe that rising food and fuel prices, as in many other parts of sub-Saharan Africa, will continue... 2008-05-06