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Macroeconomic Forecast Cameroon (Africa Monitor - West Africa) 22 Jul 2013 | 05:00 am

Cameroon has long benefitted from stable price growth, with headline inflation seldom surpassing 3.0% year-on-year since mid-2009. We expect this trend to continue, with inflation averaging 2.5% y-o-y...

Tunisia (Africa Monitor - North Africa) 22 Jul 2013 | 05:00 am

Tunisian President Moncef Marzouki decided in July to extend the state of emergency, which was declared after the overthrow of dictator Zine El Abidine Ben Ali in January 2011, by three months. The th...

Nigeria (Africa Monitor - West Africa) 22 Jul 2013 | 05:00 am

Abubakar Shekau, one of the leaders of Nigerian Islamist militant group Boko Haram, has denied claims by the Nigerian minister of special duties, Kabiru Turaki, that the group has entered into a cease...

Macroeconomic Forecast Ghana (Africa Monitor - West Africa) 22 Jul 2013 | 05:00 am

Notwithstanding concerns over the official GDP data, we note several encouraging trends in the Ghanaian economy, and maintain our outlook for buoyant economic activity. We forecast that Ghana will rem...

Macroeconomic Forecast Libya (Africa Monitor - North Africa) 22 Jul 2013 | 05:00 am

According to the International Energy Agency (IEA), oil production in Libya averaged 1.38mn barrels per day (b/d) in May, a 2.8% y-o-y decline. Base effects and elevated security risks will ensure tha...

Macroeconomic Forecast Nigeria (Africa Monitor - West Africa) 22 Jul 2013 | 05:00 am

Thanks to continued robust growth in the non-oil sector, particularly in construction, telecoms, and wholesale and retail trade, we expect that Nigeria will continue to experience robust economic grow...

Libya (Africa Monitor - North Africa) 22 Jul 2013 | 05:00 am

Nouri Abusahmen, a man of Berber origins, was elected as president of Libya's national assembly in June. Abusahmen secured 96 of the total 184 votes cast during the second round of voting. The new pre...

Cameroon (Africa Monitor - West Africa) 22 Jul 2013 | 05:00 am

Following the latest reports, which indicate that the Gulf of Guinea has become the world's hotspot for attacks by pirates, President Paul Biya met with the leaders from neighbouring nations late in J...

Macroeconomic Forecast Algeria (Africa Monitor - North Africa) 22 Jul 2013 | 05:00 am

Consumer price inflation (CPI) came in at 3.4% y-o-y in the city of Algiers in May, compared to average inflation of 8.9% in 2012, with prices having declining 0.7% in month-on-month terms. While we b...

Ghana (Africa Monitor - West Africa) 22 Jul 2013 | 05:00 am

A crackdown on illegal mining in Ghana has led to the arrest of over 1,600 people since the beginning of June. Ghana's Minister of Lands and Natural Resources Inusah Fuseini stated that 1,568 of those...

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