BMI Research Webinar - Sub-Saharan Africa Macro Key Themes For 2024: Faster Headline Growth Masks Underlying Challenges
Date: Thursday 25 January
Time: 10:00 GMT
This webinar will cover the six themes that BMI expect to dominate the regional outlook in 2024.
Economic growth will return closer to trend as major economies present less of a drag, but faster growth will mask underlying challenges. Central banks will start to cut interest rates, but will take a cautious approach given persistent inflationary risks. Elections will be held in multiple markets, with many incumbents coming under pressure. Fiscal challenges will persist amid elevated debt payments, while a weaker external position will sustain pressure on many African currencies. There will be increasing spillover risks, notably in West and Central/East Africa, as UN peacekeeping missions withdraw.
In addition, BMI will take a deeper dive into the macro and political dynamics in key markets including South Africa, Nigeria and Kenya.
Topics covered will include:
Faster headline growth masks underlying challenges.
Monetary easing will remain cautious given persistent inflationary risks.
Elections will be held in multiple markets, with incumbents under pressure.
Higher interest payments to increase fiscal challenges.
Weaker external position to sustain pressure on SSA exchange rates.
Increasing spillover risks in West and Central/East Africa following UN withdrawal.
A deeper macro-political dive into the region’s major markets.