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Macro - Country Economic Forecasts - Côte d'Ivoire
... Concurrently, sustained expansions in trade and the financial and ICT industries will uphold strong tertiary ... Read More
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Analysis by Region - Emerging Markets - Nigeria
Global oil prices have come under renewed pressure following the recent decision by Opec+ to accelerate oil output increases in June. We think bearish conditions will persist and oil prices should recover gradually over the medium term. We maintain our view that Nigeria's overall real GDP growth ... Read More
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Analysis by Region - Emerging Markets - Nigeria
Financial markets are still reeling from President Donald Trump's bold tariff move last week. Commodity prices too have come under immense pressure. Although we think the global economy is likely to skirt a recession, a slowdown will strain oil demand while the recent decision by Opec+ to bring ... Read More
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Analysis by Region - Emerging Markets - Nigeria
Nigeria’s fortunes appear to be turning around. In the final quarter of 2024, seasonally adjusted real GDP growth reached 4.4% y/y, the highest growth rate since Q3 2021 (4.5% y/y). The non-oil economy drove the national growth increase, while the oil sector expanded at a slower pace. We remain caut ... Read More
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Analysis by Region - Africa - Morocco
On preliminary figures from the High Planning Commission, real GDP growth in Morocco was 3.1% in 2024, stronger than our previous estimate of 2.7%. The available numbers show real GDP growth of 4.3% y/y in Q3 2024, driven by persistently strong growth in mining & quarrying and accommodation & ... Read More
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Analysis by Region - Emerging Markets - Nigeria
We are cautiously optimistic that Nigeria will enjoy a more favourable macroeconomic climate this year. Real GDP growth is projected to increase marginally to 3.1% this year from an estimated 3.0% in 2024 while remaining relatively flat over the medium term. The non-oil economy will be a growth driv ... Read More