Africa Monitor

Comprehensive country-by-country macroeconomic analysis, risk appraisals, latest market data and forecasts for Africa

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Key stories from this month's issue...

Currency Forecast - UGX: Shilling Set For Long-Term Depreciatory Trend - JULY 2017

East & Central Africa May 2017 / Uganda / Economy

The Ugandan shilling will trade within range over the next six months, but is set to continue on its trend of long- term depreciation thereafter. This will be driven by widening deficits and lower real interest rates.

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Economic Analysis - C/A Deficit Improvements Constrained By Rising Energy Imports - SEPT 2017

North Africa July 2017 / Morocco / Economy

An improving outlook for Moroccan exporters, amid rising phosphate production and a positive economic momentum in the eurozone, will be mitigating by rising energy imports as oil prices recover. Strong foreign direct investment flows, remittances and rising foreign reserves over the past few years will ensure the country's capacity to finance its deficits.

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Macroeconomic Forecasts - Macro Table - JULY 2017

Southern Africa May 2017 / Mauritius / Economy

Macroeconomic forecasts for Mauritius

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Economic Analysis - Subdued Exports Will See Current Account Deficit Widen - SEPT 2017

West Africa July 2017 / Cote d`Ivoire / Economy

C?te d'Ivoire's current account deficit will widen in 2017 on the back of weaker cocoa prices, coupled with strong capital import growth. However, we expect this to remain sustainable given strong inward investment.

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