As one of the continent’s frontier destinations for oil and gas, renewables and mining developments, the MSGBC region is poised to benefit from international and intra-regional investment across an array of sectors April 17, 2023/Energy Capital & Power On the back of heightened investment as a result of the region’s […]
World News
Nigeria’s Growth Outlook Unchanged as the IMF Trims Global Growth
April 17, 2023/Coronation Research The IMF in its latest World Economic Outlook (WEO) has trimmed its global forecast for 2023 to 2.8% y/y from 2.9% y/y predicted in its January ’23 WEO. For 2024, the growth projection was revised downwards to 3.0% y/y from 3.1% y/y. The IMF noted that […]
IMF’s Sub-Saharan Africa Regional Economic Outlook: The Big Funding Squeeze
April 14, 2023/IMF Growth in sub-Saharan Africa (SSA) is expected to slow to 3.6 percent as a “big funding squeeze”, tied to the drying up of aid and access to private finance, hits the region. This is the second consecutive year of an aggregate decline in SSA growth. · If […]
