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Our Africa Research team has released their Africa Year-Ahead Outlook 2022 Report. The Report looks at how several African economies will continue to focus on bolstering economic growth next year, while dealing with the challenges posed by the COVID-19 pandemic.
The discovery of the Omicron variant serves as a reminder that the virus will continue to have an impact on healthcare and economic systems over the short to medium term, especially in Africa given the low levels of vaccination across the continent. Thus, the risks embedded to growth will be largely related to the various response measures taken by different countries to try and curb the spread of the virus.
The effects of the pandemic have additionally led to severe global supply chain disruptions. Several countries on the continent have had to deal with rising inflationary pressures as the cost of production of several goods rises.
RMB’s Africa Economists Daniel Kavishe and Neville Mandimika unpack the pivotal market and economic themes expected to impact some of our key portfolio countries in 2022.