Economy East & Central Africa Homepage

BMI View: The Monetary Policy Committee of the Central Bank of Kenya kept the lending rate unchanged at 6.75% at its meeting on May 20. With inflation set to remain relatively benign... 2010-05-26

We expect the Ugandan economy to continue performing strongly over the coming years. Our forecasts for real GDP growth of 7.0% in FY2009/10 and 7.2% in FY2010/11 are based on expectations... 2010-05-25

According to data from the Banque Centrale du Congo (BCC), foreign exchange reserves stood at US$1.02bn in January 2010, up nicely from US$894mn at the end of September. This translates... 2010-04-28

We expect consumer prices in Uganda to grow by an average of 6.0% y-o-y in 2010, which is down considerably from 13.1% in 2009. Although the headline reading should continue falling... 2010-04-26

BMI View:Sudan's external position was dealt a hefty blow in 2009 as the global economic downturn hit export receipts hard. Going forward, we expect the improvement in external demand... 2010-04-20

After falling sharply through much of 2009, the Congolese franc found a degree of stability in the first quarter of 2010, trading at around CDF900/US$. Given the recent injection... 2010-03-26

Although exports from the Democratic Republic of Congo suffered a sharp contraction in 2008 and 2009, rising demand for its key commodity assets will underpin a much stronger trade... 2010-03-25

Uganda continues to stand out as one of the stronger economies in Sub-Saharan Africa, having expanded by 7.0% y-o-y in FY2008/09. (July-June). While national accounts figures are... 2010-03-21

Although 2009 data are currently unavailable, we believe that economic growth in Ethiopia slowed sharply last year as a result of the deterioration in export earnings, worker remittances... 2010-03-18

Inflation in the DRC has continued to fall in recent months, reaching 47.6% y-o-y in the second week of February 2010. Although such rapid price growth is still cause for concern,... 2010-02-26