Economy West Africa Homepage

BMI View: With oil production expected to fall substantially over the next few decades, Gabon must encourage economic diversification. At this point, we see the best prospects emerging... 2008-05-23

BMI View: Inflation continues to tick up in Ghana on the back of food and fuel price increases: headline inflation in March came in at 13.8% y-o-y, up from 13.2% the previous month.... 2008-05-02

BMI View: Gabon has suspended duties and taxes on food imports, and imposed measures to lower the price of rice and fuel. While the government has the fiscal space to easily afford... 2008-05-02

BMI View: Ghana's drive to generate enhanced revenues from cocoa and gold ties in with our expectation for exports to remain a key propellant of growth in the west African nation... 2008-05-01

The fixed exchange rate against the euro provides monetary discipline. Although our house view is that the US dollar will make up ground against the euro (meaning that the Central... 2008-04-30

BMI View: Equatorial Guinea's foreign exchange reserves have improved drastically in recent years, and are a far cry from 1998 when the country had less than US$1mn in official reserves... 2008-04-16

BMI View: Despite strong growth, and twin budget and current account surpluses, the pace of structural economic change in Equatorial Guinea remains very slow. Maintaining the inflow... 2008-04-15

BMI View: We continue to forecast a slow decline in the real GDP growth rate, with growth falling to 4.2% in 2008 from 5.6% in 2007, and down to 3.9% in 2009. The oil sector, which... 2008-04-04

On the back of better debt management and the Heavily Indebted Poor Countries Initiative (HIPC) in 2006, Cameroon's external debt burden will remain relatively low over the years... 2008-04-04

BMI View: BMI has pushed up the forecast price of brent crude to US$91.00/bbl from US$85.00/bbl in its global assumptions, with consequent improvements in Nigeria's current account... 2008-04-03