European cities medium-term outlook remains stable amid rising infections
In spite of global supply-side issues and another wave of Covid-19 infections at the end of 2021, we expect GDP in 22 of Europe’s 25 major cities to exceed pre-pandemic levels by 2022. Over the next five years, economic growth will be led by a group of eastern cities (Warsaw, Sofia, Prague), with Madrid and Barcelona also forecast to see fast expansion.
What you will learn:
- All major European cities will see above-trend GDP growth in 2022.
- Over the medium term the eastern cities will lead economic growth, and among the western cities we forecast Madrid, Barcelona, and London to perform strongly.
- In terms of office-based sectors, we forecast London and Madrid will see the largest numbers of new jobs by 2026, with Paris, Budapest and Barcelona also making sizeable gains.
Africa Watchlist 2024: Devaluations, coups, and green hydrogen
Next year holds promise for the dawning of a new industry in Africa and somewhat of a commercial renaissance taking place in Kenya – East Africa’s economic anchor. Our watchlist for 2024 also foregrounds major currency devaluations in Ethiopia and Egypt and a strong probability of coups d’état in Cameroon and Tunisia. We expect support for the African National Congress (ANC) to drop below 50% in South Africa's general elections, but that coalitions with smaller parties will allow the ruling party to cling to power.Find Out More
Capital catalysts – Funding development when budgets are tight in Africa
In this presentation deck, we grappled with some of the Africa’s most pressing issues for 2024 and beyond. We explored Africa’s alternative funding strategies during challenging times, examined the continent’s growth hotspot, and unpacked South Africa’s political economy in the lead up to the general elections in 2024.Find Out More