Economists share their 2016 outlook for Nigeria, Kenya and South Africa

Lagos, Nigeria

Strong US dollar. Low oil and commodity prices. Slowing Chinese growth.

These are the global economic realities that will continue to shape African markets in 2016. How we made it in Africa speaks to a number of economists about their outlook this year for three of sub-Saharan Africa’s major economies.

Nigeria – currency troubles

Last year was tough for Nigeria, and not only because it felt the effects of a collapsed oil price. According to Edward George, Ecobank’s head of research, the uncertainty surrounding the Nigerian national election towards the end of March 2015 caused a slowdown in economic activity – both leading up to the election, as well as the months after as the country waited for the new president, Muhammadu Buhari, to appoint his cabinet.

Read more: Economists share their 2016 outlook for Nigeria, Kenya and South Africa

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