Economy East & Central Africa Homepage

BMI View: Although the inflexible exchange rate regime continues to cause the country problems, we forecast a sustained SDG2.00/US$ rate over 2008-2009.

Elevated commodity prices, especially metals, will boost the DRC's real GDP growth over the medium term, with our growth forecasts standing at 8.3% in 2008 and 7.9% in 2009, which... 2008-04-08

The Democratic Republic of Congo (DRC)'s mining industry will be a key driver of growth and is likely to attract significant levels of foreign direct investment (FDI). However, weak... 2008-03-05

We forecast that the current account deficit will increase further to 11.2% of GDP in 2008, up from an estimated 8.1% in 2007. While high commodity prices will buoy Congolese export... 2008-03-04

Ethiopia's economy has been growing steadily since 2003, aided by favourable weather conditions and a recovery in the agricultural sector. This positive performance is set to continue;... 2008-03-04

BMI View: Headline inflation in January rose again to 8.6% y-o-y, from 6.4% y-o-y in December. The latest figures are the highest since July 2007. We are forecasting average inflation... 2008-03-04

BMI View: Although the power-sharing agreement gives hope that disruption to Kenya's economy will be quelled, we continue to see 2008 as an economic nadir. Our new forecast for... 2008-03-04

BMI View: While we expect average inflation in Kenya to spike up to 16% in 2008, we believe it will moderate in 2009, averaging 10.0%. However, key upside risk stems from oil prices,... 2008-03-04

BMI View: The economy should continue to benefit from expansion of the oil sector, but non-oil growth looks to be strong as well. Major capital inflows, necessary to feed Sudan's... 2008-03-03

We forecast that export growth is likely to remain robust over the course of 2008. Aside from strong coffee exports, other key export commodities, such as fish, gold and cotton (constituting... 2008-03-03