Economy West Africa Homepage

As Ghana's top foreign exchange earner alongside gold, the fate of the cocoa crop is pivotal to the broader fortune of the economy. As things stand the outlook for the 2007/08 harvest... 2007-10-31

Although the economic machinery is chugging along at a fairly healthy clip and inflation is subsiding, there are still glaring stumbling blocks to a yet speedier developmental momentum.

We project a rise of real GDP growth to 4.3% in 2007 from 3.9% last year, following recent achievements in securing debt relief and government reforms. Torrential rains have dampened... 2007-10-30

We forecast that the inflation rate will continue to ease over the next two years, dropping to 9.5% at the end of 2007 and to 7.5% year-end in 2008. We also see real GDP growth falling... 2007-10-30

Amid rapid appreciation of the naira we revised our year-end exchange rate forecast to NGN122/US$ in late October. The naira's rapid appreciation was due to a large influx of oil... 2007-10-30

BMI View: Sierra Leone's economy continues to follow a positive growth trend, although this remains largely due to the rebound from the economic devastation during the civil war.... 2007-10-01

BMI View: We detect increasing signs that Nigerian authorities are willing to countenance more rapid naira appreciation, ahead of the imposition of inflation targeting and full convertibility... 2007-09-27

BMI View: Recent favourable political developments are being recognised by a renewed interest on the part of the international donor community to help Guinea escape from poverty.... 2007-09-27

Ghana's forthcoming maiden sovereign bond issue has recently been processed through the rating machinery at Fitch and Standard & Poor's with both agencies placing it on a par... 2007-09-20

BMI View: The mooted deconstruction and reform of the country's monolithic but organisationally and financially dilapidated state oil company is an important step toward greater... 2007-09-03