Economy East & Central Africa Homepage

BMI View: Real GDP growth is expected to remain in the double-digits in 2008, coming in at 10.7% in 2008. Thereafter, we expect it to trend down gradually, falling to 7.3% by 2012.... 2008-01-04

BMI View: We see real GDP growth easing, but still remaining high, in 2008. We are forecasting a growth rate of 6.1%. Ongoing development of the financial sector, as well as strong... 2008-01-04

We forecast that Uganda's current account deficit will increase only moderately over the course of 2008 and 2009, with our projections currently standing at 3.8% of GDP for both years... 2008-01-03

We forecast that real GDP growth will remain fairly robust over the course of 2008, projecting an expansion rate of 6% (on par with 2007's estimated outcome). At the same time, we... 2008-01-03

BMI View: The sale of a 25% stake in Safaricom should bring welcome revenue for Kenya's state coffers. There are notable interest rate and exchange rate risks, however.

BMI View: Real GDP growth should continue trending upward over the coming years, posting 7.0% in 2007 followed by 7.4% in 2008. Both the current account and the fiscal account will... 2007-11-27

We forecast the Tanzanian shilling to settle around TZS1,110/US$ by year end TZS1,080/US$ by the end of 2008. We believe the currency's major appreciation earlier this year was primarily... 2007-11-27

Increased oil output and rising prices for Sudan's Dar Blend prompted us to revise upward our real GDP growth rate at the end of October to 11.3%. We continue to see Sudan's economy... 2007-11-27

BMI View: We forecast strong growth for both exports and imports in 2008, with the former growing by 17% y-o-y and the latter by 20% y-o-y. In aggregate, this will result in a widening... 2007-11-27

BMI view: A huge increase in donor support in recent years could be threatened by concerns about corruption levels.