Economy East & Central Africa Homepage

BMI View: Major capital inflows, necessary to feed Sudan's investment, have contributed to a large current account deficit. We forecast the deficit rising to 17.2% of GDP in 2009,... 2008-02-20

Although declining slightly, Uganda's fiscal deficit will remain elevated over the coming years. In our view, rising infrastructure spending and corruption will represent the main... 2008-02-13

Despite our rather pessimistic view of the political situation, we see some good news for the economy ahead. Real GDP growth should maintain historically and regionally high levels... 2008-02-04

We expect real GDP growth to stay robust in 2008 and 2009, with our current projections standing at 7.2% and 7.3%, respectively. In our view, a strong macro environment, in particular... 2008-02-04

While we believe that Uganda's inflation rate is likely to remain relatively stable over the course of 2008, we caution that longer than expected disruptions to Ugandan-Kenyan transport... 2008-02-04

The government's real GDP growth rate of 7.8% in 2008 is in line with our own forecast 8.0%, and we highlight some upside, but primarily downside, risks to growth based on unrest... 2008-02-01

The government warned high oil prices could drive up inflation, worsen the current account and eat into the country's foreign reserves. While we do see the current account worsening... 2008-02-01

BMI View: We continue to see Sudan's economy on a solid growth path registering real GDP growth of 10.7% in 2008. This is thanks largely to its oil sector which should generate... 2008-02-01

We see further Tanzanian shilling appreciation ahead on the back of a falling current account deficit and forecast year-end targets of TZS1,080/US$ and TZS1,050/US$ in 2008 and 2009.... 2008-01-04

We are bullish Tanzania, projecting a continuation of the strong growth seen in the last two years - 2006 growth broke 10% - and forecast 2008 and 2009 real GDP growth rates of 8.0%... 2008-01-04