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The African Year in 2018

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As the global economy begins to advance on surer footing, Africa’s economies face an important test. Some will be buoyed by the creeping rise in commodity prices. But this could be partially offset by rising interest rates in Western economies. These will both increase the cost of foreign currency debt-servicing for African governments and corporates, and make high-risk investments in Africa less appealing to foreign investors. In the last three-to-four years, the reform narrative in Africa has felt more committed, amid efforts to diversify economies away from commodity-dependence, broaden the tax base and increase capital expenditure. Yet implementation has been patchy, politics has often smothered progress, and there are growing concerns as to the sustainability of spending plans as African debt comes back on the rise.

In The African Year in 2018, we explore some of the prominent trends being witnessed in African politics and the economy. We also take a quick look at five key markets (Nigeria, South Africa, Kenya, Tanzania and Zimbabwe) which we feel face notable challenges in the year ahead.

To receive a free copy of The African Year in 2018 please complete the form at the foot of this page.

Roddy Barclay - Director of Intelligence and Analysis

Roddy leads africapractice's political risk advisory and business intelligence team. He has advised clients across diverse sectors on managing their political and reputational risk exposure for over eight years, and has developed particular expertise in the extractives, ICT and financial sectors. Roddy formerly worked as a Senior Consultant at Control Risks, where he specialised on West and Central Africa. Throughout his professional career, he has spent considerable amounts of time in Africa for research and consulting purposes, developing strong networks and a good understanding of the local risk environment. He is also a regular commentator in the international media on African political and commercial dynamics. Roddy holds a First Class degree in Modern Languages from the University of Bristol.

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