May 15, 2026/Cordros Report According to the National Bureau of Statistics (NBS), the headline inflation rose for the second month in a row, increasing by 31bps to 15.69% year-on-year in April (March: 15.40% y/y). We attribute the increase primarily to the acceleration in food inflation to 16.06% y/y (March: 14.31% […]
Updates
Inflation Outlook – April 2026
May 14, 2026/Coronation Update Summary We project headline CPI inflation for April 2026 at 15.95% y/y and 2.35% m/m. This would mark the second consecutive month of upward movement in the year-on-year rate, extending the cycle reversal that began in March 2026 after eleven straight months of disinflation. On a […]
New Rating Boosts BOAD’s Finance Ambitions in Africa
The rating assigned by JCR constitutes major recognition of BOAD’s credit quality and the strength of its institutional model May 14, 2026/BOAD On the occasion of the Africa CEO Forum, the West African Development Bank (BOAD) announces that it has obtained its inaugural credit rating from the Japan Credit Rating Agency, […]
