Research Briefing | May 4, 2021

Africa | Structural strength shapes the outlook for sectoral growth

AfricaRB0405

The growth recovery divergence between advanced economies and African frontier markets is becoming more overt this year as vaccination campaigns proceed at different speeds. Divergence in rebound prospects on African soil is also gaining traction, with the strength of structural pillars dictating the pace of post-pandemic recovery. We utilise our Economic Potential Index (EPI) to investigate which countries are at risk of carrying the scars of the pandemic deep into the medium term.

What you will learn:

  • Underlying pillars of estimating long-term growth potential
  • Factors which prohibits long-term growth potential to be reached
  • Spillover effects to affect sectoral growth prospects

Back to Resource Hub

Related Services

Post

Local rates and FX: Asian local currency sovereigns – not long now

The pieces are almost in place for a high conviction OW on Asian local currency debt, but not quite. Indeed, we maintain a cautious view on all EM local currency sovereign bonds, including Asia, given the relentless concern over the dollar and domestic inflationary pressures.

Find Out More

Post

Pre-emptive debt restructuring: a viable scenario for Africa?

The question of debt restructuring is becoming a more pressing one: in recent weeks, a number of African sovereigns have openly or discreetly mulled public debt reorganisation, called for debt relief, or suffered credit rating downgrades owing to rising default odds.

Find Out More