
Dr Yemi Kale
@sgyemikale
MD & Group Chief Economist, @Afreximbank. Formerly Partner & Chief Economist, KPMG West Africa & Statistician General/CEO @nbs_nigeria. All views personal
ID: 2940416010
23-12-2014 08:34:55
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๐ While real GDP growth in Madagascar will slow to 4.2% in 2025, from 4.9% in 2024, amid higher base effects and still-weak government consumption growth, ๐ก๐๐๐๐ฅ๐ข๐ง๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ฐ๐ข๐ฅ๐ฅ ๐ซ๐๐ฆ๐๐ข๐ง ๐ฐ๐๐ฅ๐ฅ ๐๐๐จ๐ฏ๐ ๐ญ๐ก๐ ๐๐๐๐โ๐๐๐๐ ๐๐ฏ๐๐ซ๐๐ ๐ ๐จ๐ ๐.๐%.


๐ ๐๐๐จ๐ง๐จ๐ฆ๐ข๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐จฬ๐ญ๐ ๐โ๐๐ฏ๐จ๐ข๐ซ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ซ๐ข๐ฌ๐ ๐๐ซ๐จ๐ฆ ๐.๐% ๐ข๐ง ๐๐๐๐ ๐ญ๐จ ๐.๐% ๐ข๐ง ๐๐๐๐, supported by moderating inflation and positive dynamics in the cocoa sector. High cocoa prices will enable Ivorian authorities to maintain an


๐ ๐๐จ๐ญ๐ฌ๐ฐ๐๐ง๐โ๐ฌ ๐๐๐จ๐ง๐จ๐ฆ๐ฒ ๐ฐ๐ข๐ฅ๐ฅ ๐ซ๐๐๐จ๐ซ๐ ๐ซ๐๐๐ฅ ๐๐๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐.๐% ๐ข๐ง ๐๐๐๐, ๐จ๐ง ๐ญ๐ก๐ ๐๐๐๐ค ๐จ๐ ๐๐๐๐จ๐ง๐ ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ข๐๐ฆ๐จ๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐๐ก๐๐ข๐ง๐ฌ, which will provide tailwinds to exports. Depressed global demand for


๐น ๐๐๐ฌ๐ข๐ง๐ ๐ฉ๐ซ๐ข๐๐ ๐ฉ๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐๐ฌ ๐๐ง๐ ๐ฆ๐จ๐ง๐๐ญ๐๐ซ๐ฒ ๐๐๐ฌ๐ข๐ง๐ ๐ข๐ง ๐๐ง๐ ๐จ๐ฅ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ฌ๐จ๐ฆ๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ญ๐ก๐ ๐๐๐จ๐ง๐จ๐ฆ๐ฒ ๐ข๐ง ๐๐๐๐: real GDP growth will register 2%. Angolaโs power network offers significant #investment


๐ ๐๐๐๐ฅ ๐๐๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐ฎ๐ง๐๐ข ๐ฐ๐ข๐ฅ๐ฅ ๐๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ ๐ข๐ญ๐ฌ ๐๐๐๐๐ฅ๐๐ซ๐๐ญ๐จ๐ซ๐ฒ ๐ญ๐ซ๐๐ฃ๐๐๐ญ๐จ๐ซ๐ฒ ๐ข๐ง๐ญ๐จ ๐๐๐๐, rising from 4.7% in 2024 to 6% in 2025, driven by increased foreign direct investment (FDI) and favorable agricultural conditions.


๐ ๐๐จ๐ง๐ ๐จ-๐๐ซ๐๐ณ๐ณ๐๐ฏ๐ข๐ฅ๐ฅ๐โ๐ฌ ๐ซ๐๐๐ฅ ๐๐๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ฐ๐ข๐ฅ๐ฅ ๐๐๐๐๐ฅ๐๐ซ๐๐ญ๐ ๐๐ซ๐จ๐ฆ ๐.๐% ๐ข๐ง ๐๐๐๐ ๐ญ๐จ ๐.๐% ๐ข๐ง ๐๐๐๐, underpinned by stronger private consumption, supported by moderating price pressures and a favorable statistical base.


๐ ๐๐๐จ๐ง๐จ๐ฆ๐ข๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ ๐ฒ๐ฉ๐ญ ๐ฐ๐ข๐ฅ๐ฅ ๐ซ๐๐๐จ๐ฎ๐ง๐ ๐ญ๐จ ๐.๐% ๐ข๐ง ๐๐๐๐, ๐๐ซ๐จ๐ฆ ๐.๐% ๐ข๐ง ๐๐๐๐, ๐ฎ๐ง๐๐๐ซ๐ฉ๐ข๐ง๐ง๐๐ ๐๐ฒ ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ง๐จ๐ซ๐ฆ๐๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐๐ ๐๐๐ ๐ง๐๐ฏ๐ข๐ ๐๐ญ๐ข๐จ๐ง (prolonged and ongoing


๐ Real GDP growth in the Democratic Republic of the Congo (the DRC) will remain steady at 5.7% in 2025, following the same growth rate in 2024. ๐๐ก๐ข๐ฌ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐๐ญ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐ญ๐ก๐ ๐๐๐ ๐๐ฌ ๐ ๐ซ๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐จ๐ง๐จ๐ฆ๐ข๐


๐ Real GDP growth in Eswatini will slow to 3.4% in 2025, from 3.9% in 2024, driven primarily by private consumption amid contained inflation and easing lending conditions. ๐ ๐ฎ๐ซ๐ญ๐ก๐๐ซ๐ฆ๐จ๐ซ๐, ๐ญ๐ก๐ ๐๐ ๐๐ข๐ง๐ ๐ฐ๐๐๐ญ๐ก๐๐ซ ๐๐ฏ๐๐ง๐ญ ๐ฐ๐ข๐ฅ๐ฅ ๐ฅ๐ข๐ค๐๐ฅ๐ฒ ๐๐


๐ ๐๐๐จ๐ง๐จ๐ฆ๐ข๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐๐ฆ๐๐ซ๐จ๐จ๐ง ๐ฐ๐ข๐ฅ๐ฅ ๐๐๐๐๐ฅ๐๐ซ๐๐ญ๐ ๐ญ๐จ ๐.๐% ๐ข๐ง ๐๐๐๐, ๐๐ซ๐จ๐ฆ ๐.๐% ๐ข๐ง ๐๐๐๐, supported by low inflation, high cocoa prices and robust consumer and business activity spending. Strong fixed #investment has also been










