the global financial crisis: impacts on growth and development african countries

The Global Financial Crisis: Impacts on Growth and Development African Countries

Presentation to INWENTBy Mr. KasekendeChief Economist, African Development Bank

Tunis, 6 December 2008

Page *

Impact of the Financial Crisis on AfricaMain Message

Africa is feeling the impacts of the crisisShort run impact-less development financeMedium term impact - global economic slow down will reduce commodity prices and demand for African exports Countries may need to boost domestic demand to maintain economies on an upward growth trajectory

Page *

Economic Performance up to 2007: robust and strongSince 2002 Africa growing in tandem with global economic growth Export growth (high commodity prices) and rising investment main drivers

Chart1

4.6993.8304421455

2.2094.2132858826

2.8243.5186683312

3.6285.0155846055

4.9325.5777507027

4.4535.738108906

5.0875.8923984671

4.9855.7525542332

3.915.9093728582

3.0285.8889629025

World

Africa

GDP Growth (%)

Sheet1

Gross domestic product, constant prices

2000200120022003200420052006200720082009

World4.6992.2092.8243.6284.9324.4535.0874.9853.913.028

Africa3.84.23.55.05.65.75.95.85.95.9

Sheet1

World

Africa

GDP Growth (%)

weoreptc.aspx

Country Group NameSubject DescriptorUnitsScaleSeries-specific Notes2000200120022003200420052006200720082009Estimates Start After

WorldGross domestic product, constant pricesAnnual percent change4.6992.2092.8243.6284.9324.4535.0874.9853.913.028

WorldInvestmentPercent of GDP22.52921.54520.91621.14921.98922.52123.19123.47223.52823.581

WorldExport volume of goods and servicesAnnual percent change12.3510.2573.5365.18210.3597.439.2097.0814.9714.168

WorldCommodity Price Index includes both Fuel and Non-Fuel Price IndicesIndex, 2005=10063.26658.27958.365.04680.485100120.714134.966185.276176.185

WorldCommodity Non-Fuel Price Index includes Food and Beverages and Industrial Inputs Price IndicesIndex, 2005=10079.62675.82877.29981.82594.284100123.241140.562159.253149.316

WorldCommodity Food Price Index includes Cereal, Vegetable Oils, Meat, Seafood, Sugar, Bananas, and Oranges Price IndicesIndex, 2005=10082.12180.48583.3388.555100.948100110.494127.312165.261155.662

WorldCommodity Cereals Price Index includes Wheat, Maize (Corn), Rice, and BarleyIndex, 2005=10078.84582.4694.20195.36102.986100121.298158.736232.026208.592

WorldCommodity Metals Price Index includes Copper, Aluminum, Iron Ore, Tin, Nickel, Zinc, Lead, and Uranium Price IndicesIndex, 2005=10062.69956.26654.32160.70481.705100156.197183.312179.745164.587

Emerging and developing economiesGross domestic product, constant pricesAnnual percent change5.9283.7974.7526.2677.5027.1337.9198.0256.8666.05

Emerging and developing economiesInvestmentPercent of GDP24.17424.53825.03525.97627.31627.34828.22129.25629.69430.377

Emerging and developing economiesExport volume of goods and servicesAnnual percent change13.7712.6466.94110.51513.91910.83911.0059.4836.3197.419

AfricaGross domestic product, constant pricesAnnual percent change3.5354.9476.1665.3956.5115.8036.1026.3055.9395.97

AfricaInvestmentPercent of GDP19.73420.68222.121.81922.87122.49623.32824.48424.15325.069

AfricaExport volume of goods and servicesAnnual percent change12.2453.2772.7885.4878.1776.5533.7184.2952.6337.344

Africa: Sub-SaharaGross domestic product, constant pricesAnnual percent change3.8415.0526.8755.0686.8916.2466.6136.8626.0756.269

Africa: Sub-SaharaInvestmentPercent of GDP17.78318.55419.96919.68820.51320.53821.75722.50522.25323.258

Africa: Sub-SaharaExport volume of goods and servicesAnnual percent change14.7082.7822.1236.258.1916.7854.6935.0632.4918.866

Country Group NameSubject DescriptorUnitsScaleSeries-specific Notes2000200120022003200420052006200720082009


Chart3

22.52919.734

21.54520.682

20.91622.1

21.14921.819

21.98922.871

22.52122.496

23.19123.328

23.47224.484

23.52824.153

World

Africa

Gross Domestic Investment/GDP (%)

Rising Investment underpinning growth

Sheet1

Gross domestic product, constant prices

2000200120022003200420052006200720082009AfricaInvestmentPercent of GDP

World4.6992.2092.8243.6284.9324.4535.0874.9853.913.028

Africa3.84.23.55.05.65.75.95.85.95.9

InvestmentPercent of GDP

200020012002200320042005200620072008

World22.52921.54520.91621.14921.98922.52123.19123.47223.528

Africa19.73420.68222.121.81922.87122.49623.32824.48424.153

WorldIndex, 2005=10063.26658.27958.365.04680.485100120.714134.966185.276176.185

WorldIndex, 2005=10079.62675.82877.29981.82594.284100123.241140.562159.253149.316

WorldIndex, 2005=10082.12180.48583.3388.555100.948100110.494127.312165.261155.662

WorldIndex, 2005=10078.84582.4694.20195.36102.986100121.298158.736232.026208.592

WorldIndex, 2005=10062.69956.26654.32160.70481.705100156.197183.312179.745164.587

Commodity Price Indices (2005=100)

2000200120022003200420052006200720082009

Fuels53.69448.01247.18555.2372.411100119.235131.691200.5191.904

Non Fuels79.62675.82877.29981.82594.284100123.241140.562159.253149.316

Food Price Index82.12180.48583.3388.555100.948100110.494127.312165.261155.662

Cereals Price Index78.84582.4694.20195.36102.986100121.298158.736232.026208.592WorldCommodity Fuel (energy) Index includes Crude oil (petroleum), Natural Gas, and Coal Price IndicesIndex, 2005=10053.69448.01247.18555.2372.411100119.235131.691200.5191.904

Metals Price Index62.69956.26654.32160.70481.705100156.197183.312179.745164.587

Sheet1

World

Africa

GDP Growth (%)

weoreptc.aspx

World

Africa

Gross Domestic Investment % GDP

Rising Investment in Africa

Fuels

Non Fuels

Food Price Index

Cereals Price Index

Metals Price Index

Commodity prices

World

Africa

Gross Domestic Investment/GDP (%)

Rising Investment underpinning growth

Country Group NameSubject DescriptorUnitsScaleSeries-specific Notes2000200120022003200420052006200720082009Estimates Start After


WorldInvestmentPercent of GDP22.52921.54520.91621.14921.98922.52123.19123.47223.52823.581

WorldExport volume of goods and servicesAnnual percent change12.3510.2573.5365.18210.3597.439.2097.0814.9714.168

WorldCommodity Price Index includes both Fuel and Non-Fuel Price IndicesIndex, 2005=10063.26658.27958.365.04680.485100120.714134.966185.276176.185

WorldCommodity Non-Fuel Price Index includes Food and Beverages and Industrial Inputs Price IndicesIndex, 2005=10079.62675.82877.29981.82594.284100123.241140.562159.253149.316

WorldCommodity Food Price Index includes Cereal, Vegetable Oils, Meat, Seafood, Sugar, Bananas, and Oranges Price IndicesIndex, 2005=10082.12180.48583.3388.555100.948100110.494127.312165.261155.662

WorldCommodity Cereals Price Index includes Wheat, Maize (Corn), Rice, and BarleyIndex, 2005=10078.84582.4694.20195.36102.986100121.298158.736232.026208.592

WorldCommodity Metals Price Index includes Copper, Aluminum, Iron Ore, Tin, Nickel, Zinc, Lead, and Uranium Price IndicesIndex, 2005=10062.69956.26654.32160.70481.705100156.197183.312179.745164.587

Emerging and developing economiesGross domestic product, constant pricesAnnual percent change5.9283.7974.7526.2677.5027.1337.9198.0256.8666.05

Emerging and developing economiesInvestmentPercent of GDP24.17424.53825.03525.97627.31627.34828.22129.25629.69430.377

Emerging and developing economiesExport volume of goods and servicesAnnual percent change13.7712.6466.94110.51513.91910.83911.0059.4836.3197.419

AfricaGross domestic product, constant pricesAnnual percent change3.5354.9476.1665.3956.5115.8036.1026.3055.9395.97

AfricaInvestmentPercent of GDP19.73420.68222.121.81922.87122.49623.32824.48424.15325.069

AfricaExport volume of goods and servicesAnnual percent change12.2453.2772.7885.4878.1776.5533.7184.2952.6337.344

Africa: Sub-SaharaGross domestic product, constant pricesAnnual percent change3.8415.0526.8755.0686.8916.2466.6136.8626.0756.269

Africa: Sub-SaharaInvestmentPercent of GDP17.78318.55419.96919.68820.51320.53821.75722.50522.25323.258

Africa: Sub-SaharaExport volume of goods and servicesAnnual percent change14.7082.7822.1236.258.1916.7854.6935.0632.4918.866

Country Group NameSubject DescriptorUnitsScaleSeries-specific Notes2000200120022003200420052006200720082009


Chart1

139809.9708084132000

131852.478263615-6.0351482578

135925.5859745342.9965717504

169449.25334819419.7838979584

217552.10939361422.1109582341

278453.72248334821.8713589269

331679.79233059916.0474261857

384880.74969811613.8227119463

Export US$mill

Export Growth %

US$ million

% Growth

Exports the main driver of growth

NetPortofolioInvestment

PORTFOLIO INVESTMENT: NET

(Millions of U.S. dollars)

COUNTRYNAME20002001200220032004200520062007

ALGERIA........................

ANGOLA.........0.99-2.66-1,267.03-1,439.46-2,015.42

BENIN3.24-1.35-1.37-8.16-0.7016.6514.58...

BOTSWANA-39.98-62.33-413.11-520.48-467.14-388.23-556.91-461.57

BURKINA FASO6.4412.13..................

CAMEROON-1.5994.425.29-2.3330.73-12.91-4.55-21.43

CAPE VERDE-0.121.45............0.296.96

COMOROS........................

CONGO, REPUBLIC OF-4.54-11.54-7.03-0.172.08-1.14-1.34-1.46

COTE D IVOIRE-8.01-8.0030.5933.21-28.56-1.8021.1193.68

EGYPT266.001,461.30-677.50-42.90238.903,468.20-700.40-3,573.90

GABON-10.780.43-1.546.16-10.818.68......

GHANA.....................764.42

GUINEA8.664.625.11-4.6114.82......-129.76

GUINEA-BISSAU......1.800.940.95.........

KENYA-14.39-1.42-4.77-37.68-66.31-30.46-20.63-23.53

LIBERIA........................

LIBYA-706.00-1,359.0072.00-607.00-187.00-393.00-5,198.00...

MALAWI........................

MALI16.4911.6553.590.52-2.63-15.07-11.07...

MAURITANIA........................

MAURITIUS-139.17-19.29-17.39-18.14-37.04-16.15-29.9315.14

MOROCCO17.76-7.00-7.627.93596.8359.85-294.90-80.17

MOZAMBIQUE......32.224.99-25.37-88.50-123.78-117.20

NAMIBIA-455.73-439.75-431.78-635.22-845.40-1,045.56-1,125.83-1,476.63

NIGER8.493.750.382.474.7741.74-3.86...

NIGERIA502.25831.78133.94182.90177.822,868.61...5,501.83

RWANDA0.05.....................

SAO TOME & PRINCIPE........................

SENEGAL22.967.56-38.13-45.73-46.71-4.35-66.96...

SEYCHELLES0.951.021.041.131.081.01198.1631.29

SIERRA LEONE......0.10...............

SOUTH AFRICA-1,864.39-8,301.71-417.23723.426,406.744,787.0419,582.8011,616.30

SUDAN...0.7014.7835.2519.9450.55-35.3445.54

SWAZILAND-0.62-7.931.89-0.36-0.634.49-3.985.20

TANZANIA...8.202.202.702.402.502.632.76

TOGO6.9011.0711.8613.83-0.262.4762.66...

TUNISIA-20.43-14.606.3313.9724.0912.1064.8429.97

UGANDA......1.9216.026.22-13.3621.6514.34

ZAMBIA5.627.52-0.262.25-0.08122.4050.4241.80

ZIMBABWE........................

Sourece: IFS BOPS, December 2008.

Net Total ODA

Net Total ODA

(Millions of US Dollars)

Recipient2001200220032004200520062007

Algeria223.56328.41234.44314.81371.34208.31389.79

Angola282.72414.03493.371,144.42436.83170.72241.19

Benin278.10220.72300.97391.17348.11374.99469.94

Botswana28.8137.1927.7546.4248.0965.61104.44

Burkina Faso393.56476.87521.72642.58696.25869.70930.44

Burundi139.00171.80227.36359.03364.47415.44466.26

Cameroon475.72656.64895.14780.34419.071,689.391,932.60

Cape Verde77.1991.74143.29143.18162.14138.36163.44

Central African Rep.76.1259.7651.22109.7592.13133.49176.48

Chad182.93230.94250.60330.48384.33283.66351.59

Comoros27.5632.4024.4825.4324.8830.4244.46

Congo, Rep.74.3656.8768.94115.481,444.63259.10143.60

Congo, Dem. Rep.243.111,174.825,416.901,825.691,828.232,048.851,199.82

Cte d'Ivoire186.811,067.91253.94160.71110.35250.68165.05

Djibouti56.3677.6778.8064.1276.31117.19112.45

Egypt1,255.631,236.92986.751,455.55995.28872.971,083.41

Equatorial Guinea13.2420.1520.9329.1638.1626.2131.36

Eritrea280.58230.05316.08262.67354.32128.54154.86

Ethiopia1,095.721,302.651,599.541,808.921,916.291,947.812,422.48

Gabon8.5371.71-11.0339.8952.7031.1648.38

Gambia51.9960.4862.7655.2661.3174.1472.35

Ghana640.47657.76968.221,403.371,147.311,175.601,150.93

Guinea279.94249.76242.02273.28201.22160.75224.39

Guinea-Bissau60.0959.41145.2376.3878.6782.11123.22

Kenya468.02391.05521.42654.43767.24942.881,275.24

Lesotho55.0276.3079.2995.5869.1272.06129.51

Liberia38.4851.77106.56213.02232.56267.99696.17

Libya24.2237.2819.02

Madagascar367.04371.29543.001,249.55916.92749.90892.02

Malawi406.02376.36515.19503.69580.74683.76734.71

Mali357.69474.83554.25581.50710.62825.001,017.22

Mauritania272.44354.77249.20188.57200.48190.19363.77

Mauritius21.3523.79-14.5432.4234.2218.6274.57

Morocco518.13486.44538.94707.27693.831,044.431,089.50

Mozambique962.522,217.931,048.821,243.381,289.921,604.731,776.74

Namibia109.43134.31146.07173.25113.92145.41205.07

Niger253.45298.60461.00547.46520.40514.21541.59

Nigeria167.82294.03308.06577.306,414.1311,431.762,042.33

Rwanda304.56358.20334.93489.56578.49585.77712.59

Sao Tome & Principe38.2225.9837.6533.4132.4521.5335.98

Senegal416.02449.19453.791,052.56687.41826.18842.80

Seychelles13.467.859.2110.3314.9913.972.78

Sierra Leone334.54383.13337.09376.06350.39343.72535.37

Somalia147.73190.97173.69198.68238.93392.34384.15

South Africa427.83504.57641.25628.11680.35720.44794.14

Sudan180.53343.30612.67991.701,829.062,051.822,104.19

Swaziland29.1522.1134.2321.8846.6634.7562.84

Tanzania1,275.291,256.831,721.421,764.511,490.711,825.272,810.84

Togo45.9951.0650.0164.5083.0178.87120.88

Tunisia376.93264.71297.67327.33364.93431.93310.13

Uganda825.06731.76999.171,217.381,194.861,548.991,727.78

Zambia551.09794.21754.561,127.551,164.581,425.991,044.76

Zimbabwe162.15198.74186.33187.05374.14279.39465.33

Unspecified1,196.061,553.782,106.702,403.932,173.722,827.973,705.50

Africa16,754.1221,674.5227,127.0529,520.0535,525.4243,492.3538,720.45

Source: OECD, Creditor Reporting System Online Database, November 2008.

FDI

Foreign Direct Investment

(Millions of US Dollars at current prices)

20002001200220032004200520062007

Algeria438.001,196.001,065.00633.80881.901,081.301,795.401664.6

Angola878.622,145.471,672.103,504.701,449.29-1,303.80-37.77-1499.87

Benin59.7443.8613.5144.7363.8453.0453.2048

Botswana57.3230.84404.62419.50391.55281.32488.80494.9

Burkina Faso23.116.2715.0329.1214.3534.1533.59600

Burundi11.68-0.000.00-0.010.040.580.030.12

Cameroon158.8073.29601.75383.00319.34224.66309.00284.330470087

Cape Verde43.4412.6538.5233.5068.0481.57130.61177.1850609129

Central African Rep0.845.184.3012.9015.1117.1118.1127.207

Chad114.75459.87924.12712.66495.38612.93700.00602.7682420923

Comoros0.091.150.430.790.670.560.580.8

Congo162.0871.35130.56321.40-13.06724.02344.12351.6954803144

Congo Dem Rep23.3582.00117.00158.009.92-76.03-115.98720

Cte d'Ivoire234.70272.68212.58165.39282.98311.92318.86426.902

Djibouti3.293.353.5014.2238.5459.04163.59195.3511402704

Egypt1,235.40509.90646.90237.402,157.405,375.6010,042.8011578.1

Equatorial Guinea111.38940.74323.391,443.571,650.621,873.101,655.761726.4954932568

Eritrea27.8812.1020.0022.00-7.87-1.040.45-2.82

Ethiopia134.64349.40255.00465.00545.10265.11545.26254.124

Gabon-42.63-89.0936.96206.08193.7359.75267.81269.3242702571

Gambia43.5235.4842.8314.9049.1044.6971.2263.6580355456

Ghana165.9089.3058.90105.40139.27144.97636.00855.4

Guinea9.941.6830.0082.8097.90105.00108.00111

Guinea Bissau0.700.403.554.011.688.6917.747

Kenya110.905.3027.6381.7446.0621.2850.73728.0139982505

Lesotho31.5028.2026.9041.9053.3057.3092.00105.7

Liberia20.808.302.80372.22236.85-1,383.56-204.9542

Libya141.00-113.00145.00143.00357.001,038.002,013.002541

Madagascar82.9593.0661.1195.4595.0886.02294.22996.8835715124

Malawi39.6041.4016.7365.83107.7126.5029.7054.6373333333

Mali82.44121.73243.80132.26101.00223.8083.39360

Mauritania40.1076.7067.40101.89391.60814.10154.57152.8762604184

Mauritius276.77-25.6432.1162.0811.1641.56105.30338.907846561

Morocco422.212,807.73481.302,314.49894.781,653.372,450.302577.07847613

Mozambique139.20255.40347.25336.70244.70107.85153.73427.3596844275

Namibia186.46365.19181.39148.74225.85347.99386.57697.4803274779

Niger8.4422.902.4011.4719.7130.2950.5427

Nigeria1,309.671,277.422,040.182,171.392,127.094,978.2613,956.4912453.74

Rwanda8.1018.501.502.6010.9014.3015.5067.17

Sao Tome & Principe3.803.003.603.403.5015.6737.5135.306

Senegal62.9431.9478.0552.4977.0344.59220.3278

Seychelles24.3364.7347.6558.4238.0185.88145.60247.7977431113

Sierra Leone38.889.8410.418.6261.1583.1858.6281

Somalia0.270.040.14-0.85-4.7924.0096.00141

South Africa887.926,788.721,572.76733.67799.236,643.77-527.105692.0648471798

Sudan392.21574.00713.181,349.191,511.072,304.643,541.362436.34

Swaziland105.8029.3392.05-60.9070.55-49.6036.3437.4998580626

Tanzania216.00388.80387.60308.20330.60567.90521.70599.5

Togo41.4763.5853.3633.7359.3676.9977.3469

Tunisia778.80486.40821.30583.90638.90782.403,311.801617.9

Uganda180.81151.50184.65202.19295.42379.81400.25367.900770224

Zambia121.7071.70303.40347.00364.00356.90615.80983.9

Zimbabwe23.203.8025.903.808.70102.8040.0068.9

Unspecified-3.830.230.000.00-0.655.180.090

Afrique9,670.9919,904.6414,592.1218,719.5018,019.7129,459.4745,753.9052982.2279094252

Source: UNCTAD Online Database, December 2008.

EXP

Exports of Goods


20002001200220032004200520062007200820092010

Algeria21,65219,09218,70924,46032,22046,33054,74060,59090,65084,41786,347

Angola7,9206,5348,3289,50813,47524,10931,86243,31172,18078,62590,521

Benin188209212290343325268323427454509

Botswana2,6832,3262,3533,0353,7014,4874,5385,0265,2205,3085,453

Burkina Faso2062242463204804695896197309021,030

Burundi4939313848575950706466

Cameroon2,1262,1291,9822,3892,5802,9343,6953,6685,2524,7474,603

Cape Verde3837425357899676107117122

Central African Rep159142147128126128158194219243263

Chad1831891856022,1903,1103,4253,6404,8844,5344,377

Comoros1417192719131014161719

Congo2,4491,9862,2772,6033,4384,7546,0725,83210,38414,57416,687

Congo Dem Rep8928801,0761,3401,8132,0712,7504,3476,3217,2349,262

Cte d'Ivoire3,7403,7835,1275,6276,7107,4828,2458,24411,25411,45512,159

Djibouti323236373840557998113127

Egypt6,3887,0787,1218,20510,45313,83318,45522,01829,35635,03537,904

Equatorial Guinea1,2181,7382,1132,8254,6737,1138,29010,25015,56115,22114,771

Eritrea2221429111413141526118

Ethiopia4864634524836008471,0011,1891,4701,6821,783

Gabon3,3302,6162,5623,1844,2395,4735,9427,11710,44411,19511,135

Gambia12710210910197818491102106113

Ghana1,9361,8672,0572,4712,7832,8023,7374,1725,5545,6655,925

Guinea6677237097907818691,0741,1451,4471,6341,776

Guinea Bissau6250546276906171106116126

Kenya1,7731,8812,1362,4112,7213,4553,5164,1235,2805,6416,323

Lesotho2122823554707026516998038739141,038

Liberia.................................

Libya.................................

Madagascar8299654999419978559851,2371,5331,7782,867

Malawi4024264144334995095447218599971,108

Mali5467248969289771,1081,6121,5831,7611,7551,779

Mauritania3553553323184406251,3671,4542,0072,1672,078

Mauritius1,4891,5471,6791,8521,9321,9932,2332,3042,5672,7192,855

Morocco7,4197,1427,8398,7629,91210,69711,92114,64220,24321,52222,705

Mozambique3647038101,0441,5041,7452,3812,4122,7682,9333,046

Namibia1,3211,1421,0721,2511,8232,0672,6523,0213,3903,5763,650

Niger2842732813524254615167349781,0311,188

Nigeria23,76119,63217,99427,49536,83950,15959,11364,04784,99189,08499,473

Rwanda6994676398126147177242263291

Sao Tome & Principe33686777888

Senegal9231,0041,0701,2601,5121,5811,5951,6922,5722,8342,966

Seychelles195217236286301351427395393413420

Sierra Leone7377126164186214275285318397448

Somalia.................................

South Africa32,01930,90031,68838,52648,14455,35064,20775,94391,70496,120101,820

Sudan.................................

Swaziland9061,0431,0321,3871,8091,6361,6641,7671,6811,7371,804

Tanzania6637158401,0101,2991,5941,7411,8752,2852,7713,101

Togo3633584265996025966517038909651,049

Tunisia5,8406,6066,8578,0279,68710,48811,50715,01120,59122,02124,548

Uganda4604644795086477861,0421,5211,7191,9132,051

Zambia7579111,0021,0941,8552,2783,9294,5994,9655,7635,622

Zimbabwe2,2222,1141,8021,6701,6851,6021,7321,745.........

Afrique139,810131,852135,926169,449217,552278,454331,680384,881526,484552,803597,432

Source: WEO

-6.03514825782.996571750419.783897958422.110958234121.871358926916.047426185713.822711946326.89602096924.76107330297.470103819

20002001200220032004200520062007200820092010

Export US$mill139,810131,852135,926169,449217,552278,454331,680384,881526,484552,803597,432

Export Growth %-6.03514825782.996571750419.783897958422.110958234121.871358926916.047426185713.822711946326.89602096924.76107330297.470103819

EXP

&A

Page &P

Export US$mill

Export Growth %

US$ million

% Growth


Short Term Debt

Short-term debt net flows

(Millions of US$)

Country Name2000200120022003200420052006

Algeria26.77-23.48-91.1538.00285.2985.2124.81

Angola-247.98-3.81-198.00-63.00339.001,216.00232.00

Benin-48.4913.48-5.04-44.61-5.0015.000.00

Botswana-4.716.00-5.0013.00-7.0013.00-11.00

Burkina Faso-18.82-20.49-49.555.0015.00-8.0064.00

Burundi-8.9415.68-1.01-60.003.00-2.000.00

Cameroon-105.32-239.16-187.28-308.47108.61-338.6114.00

Cape Verde-7.077.046.1512.776.806.806.80

Central African Republic-21.60-6.17-0.002.74-2.680.000.00

Chad-1.72-1.840.51-4.40-1.04-2.96-1.00

Comoros2.00-5.992.99-4.941.940.001.00

Congo, Rep.-60.78-323.80173.64-239.85276.00-296.000.00

Congo, Dem. Rep.20.381.68-78.14-276.0792.00-81.00104.00

Cote d'Ivoire-283.47-161.07-138.97-106.32-450.30-107.70841.00

Djibouti-2.880.07-0.64-2.563.803.201.70

Egypt, Arab Rep.-189.24-1,896.71-57.00-285.50103.00-112.70-221.80

Equatorial Guinea-10.001.101.5636.34-42.001.002.00

Eritrea10.977.0412.04-3.20-14.50-1.504.00

Ethiopia-10.97-2.226.0024.1250.8473.00-87.92

Gabon-194.46-13.31-78.82-150.89-9.000.000.00

Gambia, The5.15-0.5310.24-6.99-6.00-3.00-4.00

Ghana-135.83-24.9934.36103.8211.96-109.05546.00

Guinea-12.41-39.722.47-123.0061.950.000.00

Guinea-Bissau9.95-2.91-4.05-1.99-1.05-1.00-2.00

Kenya40.64-182.47130.38190.00-157.00-254.0063.00

Lesotho0.000.000.000.003.001.00-8.00

Liberia-4.64-4.71-0.083.2312.35-5.028.60

Libya..............

Madagascar-76.13-4.08-3.86-69.47-18.321.30-0.09

Malawi-1.89-20.8271.57-66.39-15.001.0052.00

Mali-53.16-52.0097.00-108.004.00-16.000.00

Mauritania-9.0112.00-38.00-49.003.00-9.0041.00

Mauritius193.88105.6119.74657.77-197.0010.000.00

Morocco-455.00114.0016.00-339.00-1,074.00514.001,115.00

Mozambique-64.05107.28-145.90-64.40-10.0036.001.00

Namibia..............

Niger-19.96-7.09-4.101.543.31-3.006.00

Nigeria241.00151.13-432.94-52.68608.74482.262,057.00

Rwanda-16.39-2.338.79-16.15-5.00-3.003.00

Sao Tome and Principe0.00-2.005.00-15.000.000.001.00

Senegal-161.1356.0091.00-138.00-118.370.0059.37

Seychelles42.2012.000.00-18.00-19.00162.00329.00

Sierra Leone1.446.95-4.692.538.0037.00-5.00

Somalia-7.002.009.060.00-33.060.000.00

South Africa272.00-1,198.00-955.00-41.00550.001,801.005,550.00

Sudan-38.63-129.25-3.83-4.19269.009.00-75.00

Swaziland-50.94-0.82-0.870.1343.7221.00-34.00

Tanzania44.08-81.8740.95-4.15172.0098.00-24.00

Togo-49.3613.6118.61-60.09-16.0026.00-33.00

Tunisia52.311,053.00438.00470.00213.00-698.00270.00

Uganda-5.661.2411.09-9.00-15.31-9.6971.00

Zambia-30.4897.34-72.221.6519.0065.00149.00

Zimbabwe-233.40-141.00-141.00104.0062.00-40.00132.00

Africa-1,678.75-2,808.40-1,489.99-1,069.671,113.672,576.5311,242.48

Source: World Bank, Global Development Finance Online Database, December 2008.

CAB

Current Account Balance

(Percentage of GDP)

20002001200220032004200520062007200820092010

Algeria16.712.97.713.013.120.625.223.330.320.570.0

Angola8.7-16.0-1.3-5.23.516.823.311.319.516.4205.1

Benin-7.7-6.4-8.4-8.3-7.2-5.5-5.7-6.9-11.5-9.5-29.7

Botswana8.89.93.35.63.614.817.616.09.58.125.2

Burkina Faso-12.3-11.2-9.9-8.9-10.4-11.3-9.0-8.0-12.6-11.7-31.3

Burundi-8.6-4.6-3.5-4.6-8.4-1.2-14.5-15.6-17.3-16.1-18.1

Cameroon-1.4-3.6-5.1-1.8-3.8-3.40.6-1.91.4-1.1-4.7

Cape Verde-10.9-10.6-11.1-11.1-14.3-3.4-5.1-9.3-11.5-11.8-77.7

Central African Rep-1.3-1.7-1.6-2.20.4-6.2-2.7-4.4-6.7-6.4-9.8

Chad-15.4-31.3-93.8-47.8-16.73.1-10.61.610.4-2.15.7

Comoros1.73.0-1.7-3.2-4.6-7.2-6.1-7.1-9.7-11.4-23.2

Congo7.9-5.60.6-4.112.75.32.3-19.313.631.4188.7

Congo Dem Rep-4.0-4.0-1.61.0-2.4-10.5-2.4-1.9-2.1-13.9-10.2

Cte d'Ivoire-2.8-0.66.72.11.60.22.8-0.74.0-0.6-2.5

Djibouti-9.0-2.9-1.63.4-1.3-3.2-14.7-25.0-34.2-33.6-73.3

Egypt-1.2-0.00.72.44.33.20.81.50.6-1.0-8.6

Equatorial Guinea-15.7-41.10.9-33.2-23.1-6.87.95.218.74.2141.6

Eritrea-0.6-4.66.89.7-0.70.3-3.6-3.7-3.0-2.10.0

Ethiopia-4.2-3.0-4.7-1.4-4.0-6.0-9.1-4.5-5.4-6.8-12.7

Gabon19.711.06.89.511.222.918.715.218.820.952.5

Gambia-3.1-2.6-2.8-5.1-6.1-15.1-11.5-12.3-13.5-12.1-31.2

Ghana-8.4-5.30.51.7-2.8-7.0-9.0-11.1-13.8-12.9-33.5

Guinea-6.4-2.7-2.5-0.2-1.8-0.50.5-1.8-5.4-5.6-9.1

Guinea Bissau-5.6-22.1-10.7-2.81.8-5.1-13.9-2.30.2-14.3-21.0

Kenya-2.3-3.12.2-0.20.1-0.8-2.3-2.8-6.4-4.8-16.1

Lesotho-18.0-12.5-20.1-12.3-5.6-7.34.43.60.1-1.4-8.0

Liberia0.00.00.00.00.00.00.00.00.00.00.0

Libya0.00.00.00.00.00.00.00.00.00.00.0

Madagascar-5.6-1.3-6.0-4.9-9.2-11.1-8.8-14.6-25.1-23.5-44.5

Malawi-5.3-6.8-12.5-5.8-7.3-10.1-6.4-2.1-8.5-5.6-14.3

Mali-10.0-10.4-3.1-6.2-8.4-8.3-3.7-7.4-8.0-8.2-24.0

Mauritania-9.0-11.73.0-13.6-34.6-47.2-1.3-11.7-7.5-3.9-34.7

Mauritius-1.53.45.72.40.8-3.5-5.3-7.9-4.8-7.1-22.8

Morocco-1.34.33.63.21.71.82.2-0.10.4-0.4-2.7

Mozambique-16.2-17.6-18.8-15.5-8.9-11.4-9.7-10.2-15.9-15.0-54.5

Namibia9.01.93.76.78.25.515.918.314.112.832.3

Niger-6.7-5.1-6.6-8.3-7.8-9.3-8.6-7.7-11.6-22.6-60.9

Nigeria11.74.9-13.1-6.15.07.19.52.16.20.6-5.1

Rwanda-6.2-6.0-10.7-12.4-1.9-1.1-7.3-5.1-9.9-13.6-29.6

Sao Tome & Principe-17.5-22.7-16.7-13.7-16.8-10.4-41.7-30.5-30.1-35.5-59.4

Senegal-6.5-4.3-5.6-6.1-6.1-7.8-9.5-10.4-12.0-12.1-34.7

Seychelles-7.3-23.4-16.30.4-7.0-23.6-17.2-37.0-38.8-28.0-78.9

Sierra Leone-8.8-6.3-2.0-4.8-5.8-7.1-3.5-3.8-6.8-4.8-13.5

Somalia0.00.00.00.00.00.00.00.00.00.00.0

South Africa-0.10.30.8-1.1-3.2-4.0-6.5-7.3-8.1-8.5-24.5

Sudan0.00.00.00.00.00.00.00.00.00.00.0

Swaziland-4.9-4.34.86.83.0-3.9-7.1-1.4-4.9-1.9-9.8

Tanzania-4.8-4.5-6.2-4.2-3.6-4.1-7.8-9.2-10.1-10.5-50.1

Togo-9.0-9.3-5.5-4.2-3.0-5.3-6.0-6.4-10.3-8.9-13.7

Tunisia-4.2-5.1-3.6-2.9-1.9-1.1-2.0-2.6-3.6-3.5-12.0

Uganda-7.1-3.9-4.9-5.8-3.2-4.7-3.7-2.9-3.9-7.0-63.5

Zambia-18.2-19.9-13.8-14.7-11.7-10.0-0.7-7.3-11.5-8.5-38.3

Zimbabwe0.4-0.3-0.6-2.9-8.3-11.0-6.1-1.40.00.00.0

Afrique1.40.5-1.1-0.10.82.23.00.92.70.40.1

Source: WEO

WorkersRemittances

Workers' remittances and compensation of employees, received

(Millions of US$)

Country Name20002001200220032004200520062007

Algeria790.00670.001,070.001,750.002,460.001,950.002,527.00..

Angola................

Benin87.0084.0076.2055.4063.00173.00173.00..

Botswana26.0026.0027.0039.0093.00125.00116.84..

Burkina Faso67.0050.0050.0050.0050.0050.0050.00..

Burundi..........0.040.07..

Cameroon11.0011.0011.0076.00103.38103.38103.38..

Cape Verde87.0081.0085.00108.54113.00137.00136.61..

Central African Republic................

Chad................

Comoros12.0012.0012.0012.0012.0012.0012.00..

Congo, Rep.10.0012.001.0013.0015.0011.3811.38..

Congo, Dem. Rep.................

Cote d'Ivoire119.00116.00120.00142.00159.00163.00164.00..

Djibouti......24.6724.7425.8528.47..

Egypt, Arab Rep.2,852.002,911.002,893.002,961.003,341.005,017.305,329.50..

Equatorial Guinea................

Eritrea3.00..............

Ethiopia53.0018.0033.0046.50134.00174.00172.00..

Gabon6.005.003.006.006.856.856.85..

Gambia, The14.007.007.0065.0062.0057.4063.67..

Ghana32.0046.0044.0065.0082.0099.00105.25..

Guinea1.009.0015.00111.0042.0042.0042.00..

Guinea-Bissau2.0010.0018.0023.0028.0028.0028.00..

Kenya537.90550.00433.00538.00620.00805.001,128.00..

Lesotho252.00209.00194.00287.00355.00327.00361.45..

Liberia................

Libya................

Madagascar11.0011.0017.0016.0011.0011.0011.00..

Malawi1.001.001.001.001.001.001.00..

Mali73.0088.00137.00154.00155.00177.17177.17..

Mauritania2.002.002.002.002.002.002.00..

Mauritius177.00215.00215.00215.00215.00215.00215.00..

Morocco2,161.003,261.002,877.003,614.004,220.804,589.005,454.25..

Mozambique37.0042.0053.0070.0058.0057.0080.03..

Namibia

Niger14.0022.0019.0025.5060.0066.3766.37..

Nigeria1,391.801,166.601,208.901,062.802,272.703,329.003,329.00..

Rwanda7.008.007.009.0010.0021.0021.16..

Sao Tome and Principe1.001.001.001.001.001.001.00..

Senegal233.00305.00344.00511.00633.00633.00633.00..

Seychelles..2.002.005.007.0012.1113.96..

Sierra Leone7.007.0022.0026.0024.702.0033.14..

Somalia................

South Africa344.00297.00288.00435.00523.00658.00734.11..

Sudan641.00740.00978.001,223.001,403.001,016.001,156.34..

Swaziland74.0074.0062.0065.0083.0095.0098.63..

Tanzania8.0015.0012.108.9011.3918.4614.85..

Togo34.0069.00104.00148.69179.00192.50192.50..

Tunisia796.00927.001,071.001,250.001,432.001,393.001,510.04..

Uganda238.00342.00421.00306.00371.00423.00814.32..

Zambia......36.0048.0053.0057.68..

Zimbabwe................

Africa11,212.7012,422.6012,934.2015,558.0019,485.5622,272.8125,176.02..

Latin America & Caribbean19,987.0024,229.0027,903.0035,195.7241,513.1448,318.6656,858.3959,910.97

South Asia17,212.0019,173.0024,137.0030,366.1028,694.0033,090.7039,779.1043,802.00

Europe & Central Asia13,083.0012,714.0014,032.0016,746.1321,267.2329,553.5035,384.5538,634.45


GDPGrowth

Real GDP Growth

(Percentage)

20002001200220032004200520062007200820092010

Algeria2.22.14.76.95.25.12.03.24.84.54.8

Angola3.03.114.53.311.220.618.620.916.212.011.9

Benin4.96.24.43.93.12.93.84.64.95.35.5

Botswana7.39.11.79.63.19.2-0.86.05.35.24.6

Burkina Faso1.97.15.48.04.67.15.54.04.55.86.0

Burundi-0.92.14.4-1.24.80.95.13.64.55.05.0

Cameroon4.24.54.04.03.72.33.23.34.44.64.8

Cape Verde7.36.15.34.74.45.810.86.66.06.57.0

Central African Rep1.80.3-0.6-7.61.02.44.04.23.54.55.0

Chad-0.511.58.514.333.77.90.20.22.53.03.3

Comoros2.42.32.32.11.92.82.60.80.41.22.5

Congo7.63.84.60.83.67.76.2-1.68.910.610.2

Congo Dem Rep-6.9-2.13.55.86.67.95.66.26.67.17.5

Cte d'Ivoire-3.7-0.0-1.4-1.61.81.20.91.62.83.84.7

Djibouti0.52.02.63.23.03.24.85.35.96.97.3

Egypt5.43.53.23.24.14.56.87.16.86.06.0

Equatorial Guinea13.167.820.414.432.78.85.39.88.24.14.0

Eritrea-12.48.81.3-1.71.94.8-0.12.41.22.06.0

Ethiopia8.26.21.4-2.313.711.810.710.87.56.57.3

Gabon-1.92.1-0.32.51.43.01.25.54.24.13.5

Gambia5.55.8-3.26.97.05.16.56.35.56.06.0

Ghana3.74.24.55.25.65.96.46.36.05.85.8

Guinea2.93.84.21.22.3-24.42.41.84.54.75.0

Guinea Bissau7.50.2-7.1-0.62.23.51.82.73.33.13.3

Kenya0.54.50.52.95.15.86.47.04.06.06.2

Lesotho2.61.82.92.74.22.97.24.95.25.45.5

Liberia25.72.93.7-31.32.65.37.88.08.811.015.0

Libya3.7-4.3-0.412.96.09.95.96.87.18.110.5

Madagascar4.76.0-12.79.85.34.65.07.46.56.76.8

Malawi0.8-4.12.13.95.12.18.27.97.07.07.0

Mali-3.312.04.27.62.36.15.32.84.74.84.4

Mauritania1.82.91.15.65.25.411.41.05.06.85.7

Mauritius9.02.91.64.45.51.23.95.45.34.95.0

Morocco1.67.63.36.34.83.07.82.76.55.55.6

Mozambique1.913.18.27.97.58.48.57.06.56.76.6

Namibia3.52.46.73.56.64.73.93.74.03.54.0

Niger-2.67.45.37.7-0.87.24.83.24.74.55.0

Nigeria5.38.221.210.310.65.46.26.26.26.16.5

Rwanda8.16.79.40.94.06.05.36.06.05.65.4

Sao Tome & Principe3.04.04.15.46.65.76.76.05.86.06.0

Senegal-4.612.70.66.95.85.62.24.84.34.65.5

Seychelles4.3-2.31.2-5.9-2.91.25.35.52.53.03.5

Sierra Leone4.517.218.810.99.67.57.36.85.55.96.0

Somalia.................................

South Africa4.22.73.73.14.95.05.45.13.83.03.7

Sudan8.410.86.06.35.16.19.49.37.86.67.0

Swaziland2.01.01.93.82.52.22.83.52.82.52.5

Tanzania4.96.07.26.97.87.46.77.16.56.77.0

Togo-1.0-2.2-0.24.82.51.34.12.13.03.54.0

Tunisia4.74.91.85.66.04.05.56.35.55.25.2

Uganda5.45.28.66.66.86.310.87.99.88.08.0

Zambia3.64.93.35.15.45.26.26.05.85.96.0

Zimbabwe-7.3-2.7-4.4-10.4-3.6-4.0-5.4-6.1-6.6-2.0...

Afrique3.84.65.45.26.15.66.16.26.15.55.9

Source: ADB Statistics Department

Page *

Growing Integration of Africa into the global economySource: IIF 2008Decoupling more limited than previously thought: private capital flows risingThe share of trade in GDP increasingRegional debt markets are expandingMore investors interested in African equities

Chart3

51.6933378896

51.3058524228

51.187518125

51.7820206511

54.4980616639

58.5713303132

60.2681021981

62.5094923614

68.6876943428

Trade as % of GDP

% Share of GDP

Trade is a growing share of GDP

Chart

Source: ADB Statistics Department based on WEO October 2008.

Chart

38.4607407078

41.5034694847

43.8193371229

43.5985100351

46.4040124633

47.5907299508

47.3191244775

48.6771861065

45.1776937202

46.565899625

51.6933378896

51.3058524228

51.187518125

51.7820206511

54.4980616639

58.5713303132

60.2681021981

62.5094923614

68.6876943428

Trade as % of GDP

External Trade as % of GDP

Data

20002001200220032004200520062007200820092010

Trade as % of GDP51.751.351.251.854.558.660.362.568.766.465.5

Source: WEO, October 2008.

Data

Trade as % of GDP

% Share of GDP

Trade is a growing share of GDP

Chart3

4.46.711.1

4.66.611.2

4.77.812.4

57.912.9

69.615.6

8.411.519.9

101322.9

13.514.928.3

19.219.138.2

20.421.241.6

Sub-Saharan Africa

North Africa

Total Africa

US$ Billion

Remittances a major source of external finance

NetPortofolioInvestment

PORTFOLIO INVESTMENT: NET

(Millions of U.S. dollars)

COUNTRYNAME20002001200220032004200520062007

ALGERIA........................

ANGOLA.........0.99-2.66-1,267.03-1,439.46-2,015.42

BENIN3.24-1.35-1.37-8.16-0.7016.6514.58...

BOTSWANA-39.98-62.33-413.11-520.48-467.14-388.23-556.91-461.57

BURKINA FASO6.4412.13..................

CAMEROON-1.5994.425.29-2.3330.73-12.91-4.55-21.43

CAPE VERDE-0.121.45............0.296.96

COMOROS........................

CONGO, REPUBLIC OF-4.54-11.54-7.03-0.172.08-1.14-1.34-1.46

COTE D IVOIRE-8.01-8.0030.5933.21-28.56-1.8021.1193.68

EGYPT266.001,461.30-677.50-42.90238.903,468.20-700.40-3,573.90

GABON-10.780.43-1.546.16-10.818.68......

GHANA.....................764.42

GUINEA8.664.625.11-4.6114.82......-129.76

GUINEA-BISSAU......1.800.940.95.........

KENYA-14.39-1.42-4.77-37.68-66.31-30.46-20.63-23.53

LIBERIA........................

LIBYA-706.00-1,359.0072.00-607.00-187.00-393.00-5,198.00...

MALAWI........................

MALI16.4911.6553.590.52-2.63-15.07-11.07...

MAURITANIA........................

MAURITIUS-139.17-19.29-17.39-18.14-37.04-16.15-29.9315.14

MOROCCO17.76-7.00-7.627.93596.8359.85-294.90-80.17

MOZAMBIQUE......32.224.99-25.37-88.50-123.78-117.20

NAMIBIA-455.73-439.75-431.78-635.22-845.40-1,045.56-1,125.83-1,476.63

NIGER8.493.750.382.474.7741.74-3.86...

NIGERIA502.25831.78133.94182.90177.822,868.61...5,501.83

RWANDA0.05.....................

SAO TOME & PRINCIPE........................

SENEGAL22.967.56-38.13-45.73-46.71-4.35-66.96...

SEYCHELLES0.951.021.041.131.081.01198.1631.29

SIERRA LEONE......0.10...............

SOUTH AFRICA-1,864.39-8,301.71-417.23723.426,406.744,787.0419,582.8011,616.30

SUDAN...0.7014.7835.2519.9450.55-35.3445.54

SWAZILAND-0.62-7.931.89-0.36-0.634.49-3.985.20

TANZANIA...8.202.202.702.402.502.632.76

TOGO6.9011.0711.8613.83-0.262.4762.66...

TUNISIA-20.43-14.606.3313.9724.0912.1064.8429.97

UGANDA......1.9216.026.22-13.3621.6514.34

ZAMBIA5.627.52-0.262.25-0.08122.4050.4241.80

ZIMBABWE........................

Sourece: IFS BOPS, December 2008.

Net Total ODA

Net Total ODA

(Millions of US Dollars)

Recipient2001200220032004200520062007

Algeria223.56328.41234.44314.81371.34208.31389.79

Angola282.72414.03493.371,144.42436.83170.72241.19

Benin278.10220.72300.97391.17348.11374.99469.94

Botswana28.8137.1927.7546.4248.0965.61104.44

Burkina Faso393.56476.87521.72642.58696.25869.70930.44

Burundi139.00171.80227.36359.03364.47415.44466.26

Cameroon475.72656.64895.14780.34419.071,689.391,932.60

Cape Verde77.1991.74143.29143.18162.14138.36163.44

Central African Rep.76.1259.7651.22109.7592.13133.49176.48

Chad182.93230.94250.60330.48384.33283.66351.59

Comoros27.5632.4024.4825.4324.8830.4244.46

Congo, Rep.74.3656.8768.94115.481,444.63259.10143.60

Congo, Dem. Rep.243.111,174.825,416.901,825.691,828.232,048.851,199.82

Cte d'Ivoire186.811,067.91253.94160.71110.35250.68165.05

Djibouti56.3677.6778.8064.1276.31117.19112.45

Egypt1,255.631,236.92986.751,455.55995.28872.971,083.41

Equatorial Guinea13.2420.1520.9329.1638.1626.2131.36

Eritrea280.58230.05316.08262.67354.32128.54154.86

Ethiopia1,095.721,302.651,599.541,808.921,916.291,947.812,422.48

Gabon8.5371.71-11.0339.8952.7031.1648.38

Gambia51.9960.4862.7655.2661.3174.1472.35

Ghana640.47657.76968.221,403.371,147.311,175.601,150.93

Guinea279.94249.76242.02273.28201.22160.75224.39

Guinea-Bissau60.0959.41145.2376.3878.6782.11123.22

Kenya468.02391.05521.42654.43767.24942.881,275.24

Lesotho55.0276.3079.2995.5869.1272.06129.51

Liberia38.4851.77106.56213.02232.56267.99696.17

Libya24.2237.2819.02

Madagascar367.04371.29543.001,249.55916.92749.90892.02

Malawi406.02376.36515.19503.69580.74683.76734.71

Mali357.69474.83554.25581.50710.62825.001,017.22

Mauritania272.44354.77249.20188.57200.48190.19363.77

Mauritius21.3523.79-14.5432.4234.2218.6274.57

Morocco518.13486.44538.94707.27693.831,044.431,089.50

Mozambique962.522,217.931,048.821,243.381,289.921,604.731,776.74

Namibia109.43134.31146.07173.25113.92145.41205.07

Niger253.45298.60461.00547.46520.40514.21541.59

Nigeria167.82294.03308.06577.306,414.1311,431.762,042.33

Rwanda304.56358.20334.93489.56578.49585.77712.59

Sao Tome & Principe38.2225.9837.6533.4132.4521.5335.98

Senegal416.02449.19453.791,052.56687.41826.18842.80

Seychelles13.467.859.2110.3314.9913.972.78

Sierra Leone334.54383.13337.09376.06350.39343.72535.37

Somalia147.73190.97173.69198.68238.93392.34384.15

South Africa427.83504.57641.25628.11680.35720.44794.14

Sudan180.53343.30612.67991.701,829.062,051.822,104.19

Swaziland29.1522.1134.2321.8846.6634.7562.84

Tanzania1,275.291,256.831,721.421,764.511,490.711,825.272,810.84

Togo45.9951.0650.0164.5083.0178.87120.88

Tunisia376.93264.71297.67327.33364.93431.93310.13

Uganda825.06731.76999.171,217.381,194.861,548.991,727.78

Zambia551.09794.21754.561,127.551,164.581,425.991,044.76

Zimbabwe162.15198.74186.33187.05374.14279.39465.33

Unspecified1,196.061,553.782,106.702,403.932,173.722,827.973,705.50

Africa16,754.1221,674.5227,127.0529,520.0535,525.4243,492.3538,720.45

Source: OECD, Creditor Reporting System Online Database, November 2008.

FDI

Foreign Direct Investment


20002001200220032004200520062007

Algeria438.001,196.001,065.00633.80881.901,081.301,795.401664.6

Angola878.622,145.471,672.103,504.701,449.29-1,303.80-37.77-1499.87

Benin59.7443.8613.5144.7363.8453.0453.2048

Botswana57.3230.84404.62419.50391.55281.32488.80494.9

Burkina Faso23.116.2715.0329.1214.3534.1533.59600

Burundi11.68-0.000.00-0.010.040.580.030.12

Cameroon158.8073.29601.75383.00319.34224.66309.00284.330470087

Cape Verde43.4412.6538.5233.5068.0481.57130.61177.1850609129

Central African Rep0.845.184.3012.9015.1117.1118.1127.207

Chad114.75459.87924.12712.66495.38612.93700.00602.7682420923

Comoros0.091.150.430.790.670.560.580.8

Congo162.0871.35130.56321.40-13.06724.02344.12351.6954803144

Congo Dem Rep23.3582.00117.00158.009.92-76.03-115.98720

Cte d'Ivoire234.70272.68212.58165.39282.98311.92318.86426.902

Djibouti3.293.353.5014.2238.5459.04163.59195.3511402704

Egypt1,235.40509.90646.90237.402,157.405,375.6010,042.8011578.1

Equatorial Guinea111.38940.74323.391,443.571,650.621,873.101,655.761726.4954932568

Eritrea27.8812.1020.0022.00-7.87-1.040.45-2.82

Ethiopia134.64349.40255.00465.00545.10265.11545.26254.124

Gabon-42.63-89.0936.96206.08193.7359.75267.81269.3242702571

Gambia43.5235.4842.8314.9049.1044.6971.2263.6580355456

Ghana165.9089.3058.90105.40139.27144.97636.00855.4

Guinea9.941.6830.0082.8097.90105.00108.00111

Guinea Bissau0.700.403.554.011.688.6917.747

Kenya110.905.3027.6381.7446.0621.2850.73728.0139982505

Lesotho31.5028.2026.9041.9053.3057.3092.00105.7

Liberia20.808.302.80372.22236.85-1,383.56-204.9542

Libya141.00-113.00145.00143.00357.001,038.002,013.002541

Madagascar82.9593.0661.1195.4595.0886.02294.22996.8835715124

Malawi39.6041.4016.7365.83107.7126.5029.7054.6373333333

Mali82.44121.73243.80132.26101.00223.8083.39360

Mauritania40.1076.7067.40101.89391.60814.10154.57152.8762604184

Mauritius276.77-25.6432.1162.0811.1641.56105.30338.907846561

Morocco422.212,807.73481.302,314.49894.781,653.372,450.302577.07847613

Mozambique139.20255.40347.25336.70244.70107.85153.73427.3596844275

Namibia186.46365.19181.39148.74225.85347.99386.57697.4803274779

Niger8.4422.902.4011.4719.7130.2950.5427

Nigeria1,309.671,277.422,040.182,171.392,127.094,978.2613,956.4912453.74

Rwanda8.1018.501.502.6010.9014.3015.5067.17

Sao Tome & Principe3.803.003.603.403.5015.6737.5135.306

Senegal62.9431.9478.0552.4977.0344.59220.3278

Seychelles24.3364.7347.6558.4238.0185.88145.60247.7977431113

Sierra Leone38.889.8410.418.6261.1583.1858.6281

Somalia0.270.040.14-0.85-4.7924.0096.00141

South Africa887.926,788.721,572.76733.67799.236,643.77-527.105692.0648471798

Sudan392.21574.00713.181,349.191,511.072,304.643,541.362436.34

Swaziland105.8029.3392.05-60.9070.55-49.6036.3437.4998580626

Tanzania216.00388.80387.60308.20330.60567.90521.70599.5

Togo41.4763.5853.3633.7359.3676.9977.3469

Tunisia778.80486.40821.30583.90638.90782.403,311.801617.9

Uganda180.81151.50184.65202.19295.42379.81400.25367.900770224

Zambia121.7071.70303.40347.00364.00356.90615.80983.9

Zimbabwe23.203.8025.903.808.70102.8040.0068.9

Unspecified-3.830.230.000.00-0.655.180.090

Afrique9,670.9919,904.6414,592.1218,719.5018,019.7129,459.4745,753.9052982.2279094252

Source: UNCTAD Online Database, December 2008.

EXP

Exports of Goods


20002001200220032004200520062007200820092010

Algeria21,65219,09218,70924,46032,22046,33054,74060,59090,65084,41786,347

Angola7,9206,5348,3289,50813,47524,10931,86243,31172,18078,62590,521

Benin188209212290343325268323427454509

Botswana2,6832,3262,3533,0353,7014,4874,5385,0265,2205,3085,453

Burkina Faso2062242463204804695896197309021,030

Burundi4939313848575950706466

Cameroon2,1262,1291,9822,3892,5802,9343,6953,6685,2524,7474,603

Cape Verde3837425357899676107117122

Central African Rep159142147128126128158194219243263

Chad1831891856022,1903,1103,4253,6404,8844,5344,377

Comoros1417192719131014161719

Congo2,4491,9862,2772,6033,4384,7546,0725,83210,38414,57416,687

Congo Dem Rep8928801,0761,3401,8132,0712,7504,3476,3217,2349,262

Cte d'Ivoire3,7403,7835,1275,6276,7107,4828,2458,24411,25411,45512,159

Djibouti323236373840557998113127

Egypt6,3887,0787,1218,20510,45313,83318,45522,01829,35635,03537,904

Equatorial Guinea1,2181,7382,1132,8254,6737,1138,29010,25015,56115,22114,771

Eritrea2221429111413141526118

Ethiopia4864634524836008471,0011,1891,4701,6821,783

Gabon3,3302,6162,5623,1844,2395,4735,9427,11710,44411,19511,135

Gambia12710210910197818491102106113

Ghana1,9361,8672,0572,4712,7832,8023,7374,1725,5545,6655,925

Guinea6677237097907818691,0741,1451,4471,6341,776

Guinea Bissau6250546276906171106116126

Kenya1,7731,8812,1362,4112,7213,4553,5164,1235,2805,6416,323

Lesotho2122823554707026516998038739141,038

Liberia.................................

Libya.................................

Madagascar8299654999419978559851,2371,5331,7782,867

Malawi4024264144334995095447218599971,108

Mali5467248969289771,1081,6121,5831,7611,7551,779

Mauritania3553553323184406251,3671,4542,0072,1672,078

Mauritius1,4891,5471,6791,8521,9321,9932,2332,3042,5672,7192,855

Morocco7,4197,1427,8398,7629,91210,69711,92114,64220,24321,52222,705

Mozambique3647038101,0441,5041,7452,3812,4122,7682,9333,046

Namibia1,3211,1421,0721,2511,8232,0672,6523,0213,3903,5763,650

Niger2842732813524254615167349781,0311,188

Nigeria23,76119,63217,99427,49536,83950,15959,11364,04784,99189,08499,473

Rwanda6994676398126147177242263291

Sao Tome & Principe33686777888

Senegal9231,0041,0701,2601,5121,5811,5951,6922,5722,8342,966

Seychelles195217236286301351427395393413420

Sierra Leone7377126164186214275285318397448

Somalia.................................

South Africa32,01930,90031,68838,52648,14455,35064,20775,94391,70496,120101,820

Sudan.................................

Swaziland9061,0431,0321,3871,8091,6361,6641,7671,6811,7371,804

Tanzania6637158401,0101,2991,5941,7411,8752,2852,7713,101

Togo3633584265996025966517038909651,049

Tunisia5,8406,6066,8578,0279,68710,48811,50715,01120,59122,02124,548

Uganda4604644795086477861,0421,5211,7191,9132,051

Zambia7579111,0021,0941,8552,2783,9294,5994,9655,7635,622

Zimbabwe2,2222,1141,8021,6701,6851,6021,7321,745.........

Afrique139,810131,852135,926169,449217,552278,454331,680384,881526,484552,803597,432

Source: WEO

-6.03514825782.996571750419.783897958422.110958234121.871358926916.047426185713.822711946326.89602096924.76107330297.470103819

20002001200220032004200520062007200820092010

Export US$mill139,810131,852135,926169,449217,552278,454331,680384,881526,484552,803597,432

Export Growth %-6.03514825782.996571750419.783897958422.110958234121.871358926916.047426185713.822711946326.89602096924.76107330297.470103819

EXP

&A

Page &P

Export US$mill

Export Growth %

US$ million

% Growth


Short Term Debt

Short-term debt net flows

(Millions of US$)

Country Name2000200120022003200420052006

Algeria26.77-23.48-91.1538.00285.2985.2124.81

Angola-247.98-3.81-198.00-63.00339.001,216.00232.00

Benin-48.4913.48-5.04-44.61-5.0015.000.00

Botswana-4.716.00-5.0013.00-7.0013.00-11.00

Burkina Faso-18.82-20.49-49.555.0015.00-8.0064.00

Burundi-8.9415.68-1.01-60.003.00-2.000.00

Cameroon-105.32-239.16-187.28-308.47108.61-338.6114.00

Cape Verde-7.077.046.1512.776.806.806.80

Central African Republic-21.60-6.17-0.002.74-2.680.000.00

Chad-1.72-1.840.51-4.40-1.04-2.96-1.00

Comoros2.00-5.992.99-4.941.940.001.00

Congo, Rep.-60.78-323.80173.64-239.85276.00-296.000.00

Congo, Dem. Rep.20.381.68-78.14-276.0792.00-81.00104.00

Cote d'Ivoire-283.47-161.07-138.97-106.32-450.30-107.70841.00

Djibouti-2.880.07-0.64-2.563.803.201.70

Egypt, Arab Rep.-189.24-1,896.71-57.00-285.50103.00-112.70-221.80

Equatorial Guinea-10.001.101.5636.34-42.001.002.00

Eritrea10.977.0412.04-3.20-14.50-1.504.00

Ethiopia-10.97-2.226.0024.1250.8473.00-87.92

Gabon-194.46-13.31-78.82-150.89-9.000.000.00

Gambia, The5.15-0.5310.24-6.99-6.00-3.00-4.00

Ghana-135.83-24.9934.36103.8211.96-109.05546.00

Guinea-12.41-39.722.47-123.0061.950.000.00

Guinea-Bissau9.95-2.91-4.05-1.99-1.05-1.00-2.00

Kenya40.64-182.47130.38190.00-157.00-254.0063.00

Lesotho0.000.000.000.003.001.00-8.00

Liberia-4.64-4.71-0.083.2312.35-5.028.60

Libya..............

Madagascar-76.13-4.08-3.86-69.47-18.321.30-0.09

Malawi-1.89-20.8271.57-66.39-15.001.0052.00

Mali-53.16-52.0097.00-108.004.00-16.000.00

Mauritania-9.0112.00-38.00-49.003.00-9.0041.00

Mauritius193.88105.6119.74657.77-197.0010.000.00

Morocco-455.00114.0016.00-339.00-1,074.00514.001,115.00

Mozambique-64.05107.28-145.90-64.40-10.0036.001.00

Namibia..............

Niger-19.96-7.09-4.101.543.31-3.006.00

Nigeria241.00151.13-432.94-52.68608.74482.262,057.00

Rwanda-16.39-2.338.79-16.15-5.00-3.003.00

Sao Tome and Principe0.00-2.005.00-15.000.000.001.00

Senegal-161.1356.0091.00-138.00-118.370.0059.37

Seychelles42.2012.000.00-18.00-19.00162.00329.00

Sierra Leone1.446.95-4.692.538.0037.00-5.00

Somalia-7.002.009.060.00-33.060.000.00

South Africa272.00-1,198.00-955.00-41.00550.001,801.005,550.00

Sudan-38.63-129.25-3.83-4.19269.009.00-75.00

Swaziland-50.94-0.82-0.870.1343.7221.00-34.00

Tanzania44.08-81.8740.95-4.15172.0098.00-24.00

Togo-49.3613.6118.61-60.09-16.0026.00-33.00

Tunisia52.311,053.00438.00470.00213.00-698.00270.00

Uganda-5.661.2411.09-9.00-15.31-9.6971.00

Zambia-30.4897.34-72.221.6519.0065.00149.00

Zimbabwe-233.40-141.00-141.00104.0062.00-40.00132.00

Africa-1,678.75-2,808.40-1,489.99-1,069.671,113.672,576.5311,242.48


CAB

Current Account Balance

(Percentage of GDP)

20002001200220032004200520062007200820092010

Algeria16.712.97.713.013.120.625.223.330.320.570.0

Angola8.7-16.0-1.3-5.23.516.823.311.319.516.4205.1

Benin-7.7-6.4-8.4-8.3-7.2-5.5-5.7-6.9-11.5-9.5-29.7

Botswana8.89.93.35.63.614.817.616.09.58.125.2

Burkina Faso-12.3-11.2-9.9-8.9-10.4-11.3-9.0-8.0-12.6-11.7-31.3

Burundi-8.6-4.6-3.5-4.6-8.4-1.2-14.5-15.6-17.3-16.1-18.1

Cameroon-1.4-3.6-5.1-1.8-3.8-3.40.6-1.91.4-1.1-4.7

Cape Verde-10.9-10.6-11.1-11.1-14.3-3.4-5.1-9.3-11.5-11.8-77.7

Central African Rep-1.3-1.7-1.6-2.20.4-6.2-2.7-4.4-6.7-6.4-9.8

Chad-15.4-31.3-93.8-47.8-16.73.1-10.61.610.4-2.15.7

Comoros1.73.0-1.7-3.2-4.6-7.2-6.1-7.1-9.7-11.4-23.2

Congo7.9-5.60.6-4.112.75.32.3-19.313.631.4188.7

Congo Dem Rep-4.0-4.0-1.61.0-2.4-10.5-2.4-1.9-2.1-13.9-10.2

Cte d'Ivoire-2.8-0.66.72.11.60.22.8-0.74.0-0.6-2.5

Djibouti-9.0-2.9-1.63.4-1.3-3.2-14.7-25.0-34.2-33.6-73.3

Egypt-1.2-0.00.72.44.33.20.81.50.6-1.0-8.6

Equatorial Guinea-15.7-41.10.9-33.2-23.1-6.87.95.218.74.2141.6

Eritrea-0.6-4.66.89.7-0.70.3-3.6-3.7-3.0-2.10.0

Ethiopia-4.2-3.0-4.7-1.4-4.0-6.0-9.1-4.5-5.4-6.8-12.7

Gabon19.711.06.89.511.222.918.715.218.820.952.5

Gambia-3.1-2.6-2.8-5.1-6.1-15.1-11.5-12.3-13.5-12.1-31.2

Ghana-8.4-5.30.51.7-2.8-7.0-9.0-11.1-13.8-12.9-33.5

Guinea-6.4-2.7-2.5-0.2-1.8-0.50.5-1.8-5.4-5.6-9.1

Guinea Bissau-5.6-22.1-10.7-2.81.8-5.1-13.9-2.30.2-14.3-21.0

Kenya-2.3-3.12.2-0.20.1-0.8-2.3-2.8-6.4-4.8-16.1

Lesotho-18.0-12.5-20.1-12.3-5.6-7.34.43.60.1-1.4-8.0

Liberia0.00.00.00.00.00.00.00.00.00.00.0

Libya0.00.00.00.00.00.00.00.00.00.00.0

Madagascar-5.6-1.3-6.0-4.9-9.2-11.1-8.8-14.6-25.1-23.5-44.5

Malawi-5.3-6.8-12.5-5.8-7.3-10.1-6.4-2.1-8.5-5.6-14.3

Mali-10.0-10.4-3.1-6.2-8.4-8.3-3.7-7.4-8.0-8.2-24.0

Mauritania-9.0-11.73.0-13.6-34.6-47.2-1.3-11.7-7.5-3.9-34.7

Mauritius-1.53.45.72.40.8-3.5-5.3-7.9-4.8-7.1-22.8

Morocco-1.34.33.63.21.71.82.2-0.10.4-0.4-2.7

Mozambique-16.2-17.6-18.8-15.5-8.9-11.4-9.7-10.2-15.9-15.0-54.5

Namibia9.01.93.76.78.25.515.918.314.112.832.3

Niger-6.7-5.1-6.6-8.3-7.8-9.3-8.6-7.7-11.6-22.6-60.9

Nigeria11.74.9-13.1-6.15.07.19.52.16.20.6-5.1

Rwanda-6.2-6.0-10.7-12.4-1.9-1.1-7.3-5.1-9.9-13.6-29.6

Sao Tome & Principe-17.5-22.7-16.7-13.7-16.8-10.4-41.7-30.5-30.1-35.5-59.4

Senegal-6.5-4.3-5.6-6.1-6.1-7.8-9.5-10.4-12.0-12.1-34.7

Seychelles-7.3-23.4-16.30.4-7.0-23.6-17.2-37.0-38.8-28.0-78.9

Sierra Leone-8.8-6.3-2.0-4.8-5.8-7.1-3.5-3.8-6.8-4.8-13.5

Somalia0.00.00.00.00.00.00.00.00.00.00.0

South Africa-0.10.30.8-1.1-3.2-4.0-6.5-7.3-8.1-8.5-24.5

Sudan0.00.00.00.00.00.00.00.00.00.00.0

Swaziland-4.9-4.34.86.83.0-3.9-7.1-1.4-4.9-1.9-9.8

Tanzania-4.8-4.5-6.2-4.2-3.6-4.1-7.8-9.2-10.1-10.5-50.1

Togo-9.0-9.3-5.5-4.2-3.0-5.3-6.0-6.4-10.3-8.9-13.7

Tunisia-4.2-5.1-3.6-2.9-1.9-1.1-2.0-2.6-3.6-3.5-12.0

Uganda-7.1-3.9-4.9-5.8-3.2-4.7-3.7-2.9-3.9-7.0-63.5

Zambia-18.2-19.9-13.8-14.7-11.7-10.0-0.7-7.3-11.5-8.5-38.3

Zimbabwe0.4-0.3-0.6-2.9-8.3-11.0-6.1-1.40.00.00.0

Afrique1.40.5-1.1-0.10.82.23.00.92.70.40.1

Source: WEO

WorkersRemittances

Workers' remittances and compensation of employees, received

(Millions of US$)

Country Name20002001200220032004200520062007

Algeria790.00670.001,070.001,750.002,460.001,950.002,527.00..

Angola................

Benin87.0084.0076.2055.4063.00173.00173.00..

Botswana26.0026.0027.0039.0093.00125.00116.84..

Burkina Faso67.0050.0050.0050.0050.0050.0050.00..

Burundi..........0.040.07..

Cameroon11.0011.0011.0076.00103.38103.38103.38..

Cape Verde87.0081.0085.00108.54113.00137.00136.61..

Central African Republic................

Chad................

Comoros12.0012.0012.0012.0012.0012.0012.00..

Congo, Rep.10.0012.001.0013.0015.0011.3811.38..

Congo, Dem. Rep.................

Cote d'Ivoire119.00116.00120.00142.00159.00163.00164.00..

Djibouti......24.6724.7425.8528.47..

Egypt, Arab Rep.2,852.002,911.002,893.002,961.003,341.005,017.305,329.50..

Equatorial Guinea................

Eritrea3.00..............

Ethiopia53.0018.0033.0046.50134.00174.00172.00..

Gabon6.005.003.006.006.856.856.85..

Gambia, The14.007.007.0065.0062.0057.4063.67..

Ghana32.0046.0044.0065.0082.0099.00105.25..

Guinea1.009.0015.00111.0042.0042.0042.00..

Guinea-Bissau2.0010.0018.0023.0028.0028.0028.00..

Kenya537.90550.00433.00538.00620.00805.001,128.00..

Lesotho252.00209.00194.00287.00355.00327.00361.45..

Liberia................

Libya................

Madagascar11.0011.0017.0016.0011.0011.0011.00..

Malawi1.001.001.001.001.001.001.00..

Mali73.0088.00137.00154.00155.00177.17177.17..

Mauritania2.002.002.002.002.002.002.00..

Mauritius177.00215.00215.00215.00215.00215.00215.00..

Morocco2,161.003,261.002,877.003,614.004,220.804,589.005,454.25..

Mozambique37.0042.0053.0070.0058.0057.0080.03..

Namibia

Niger14.0022.0019.0025.5060.0066.3766.37..

Nigeria1,391.801,166.601,208.901,062.802,272.703,329.003,329.00..

Rwanda7.008.007.009.0010.0021.0021.16..

Sao Tome and Principe1.001.001.001.001.001.001.00..

Senegal233.00305.00344.00511.00633.00633.00633.00..

Seychelles..2.002.005.007.0012.1113.96..

Sierra Leone7.007.0022.0026.0024.702.0033.14..

Somalia................

South Africa344.00297.00288.00435.00523.00658.00734.11..

Sudan641.00740.00978.001,223.001,403.001,016.001,156.34..

Swaziland74.0074.0062.0065.0083.0095.0098.63..

Tanzania8.0015.0012.108.9011.3918.4614.85..

Togo34.0069.00104.00148.69179.00192.50192.50..

Tunisia796.00927.001,071.001,250.001,432.001,393.001,510.04..

Uganda238.00342.00421.00306.00371.00423.00814.32..

Zambia......36.0048.0053.0057.68..

Zimbabwe................

Africa11,212.7012,422.6012,934.2015,558.0019,485.5622,272.8125,176.02..

Latin America & Caribbean19,987.0024,229.0027,903.0035,195.7241,513.1448,318.6656,858.3959,910.97

South Asia17,212.0019,173.0024,137.0030,366.1028,694.0033,090.7039,779.1043,802.00

Europe & Central Asia13,083.0012,714.0014,032.0016,746.1321,267.2329,553.5035,384.5538,634.45

total developing61,494.7068,538.6079,006.2097,865.95110,959.93133,235.67157,198.06


2000200120022003200420052006

Africa11.2012.4012.9015.5019.5022.3025.20

Latin America & Caribbean20.0024.2027.9035.2041.5048.3056.80

South Asia17.2019.2024.1030.4028.7033.1039.80

Europe & Central Asia13.1012.7014.0016.7021.3029.5035.40

1999200020012002200320042005200620072008eAlgeriaa7907906701,0701,7502,4601,9502,5272,9063,100

East Asia and Pacific15,68616,68220,10529,47735,40239,07746,58652,84157,98862,307Djiboutia........252526282828

Europe and Central Asia11,62912,78412,39413,72916,02722,55631,66038,83050,80453,530Egypt, Arab Rep.a3,2352,8522,9112,8932,9613,3415,0175,3307,6569,476

Latin America and Caribbean17,60319,98724,22927,91835,21941,72848,71657,38461,00061,095Libyaa..910781015161616

Middle-East and North Africa12,80012,89814,65315,21120,36123,03424,15026,65632,07534,500Moroccoa1,9382,1613,2612,8773,6144,2214,5905,4516,7306,730

South Asia15,08417,21219,17324,13730,36628,69433,09239,61543,82450,942Tunisiaa7617969271,0711,2501,4321,3931,5101,7161,870

Sub-Saharan Africa4,4334,6234,6635,0305,9708,4459,96913,47519,20420,418North Africa6,7246,6087,7797,9189,60811,48812,99014,86219,05321,221

SSA4,4334,6234,6635,0305,9708,4459,96913,47519,20420,418

1999200020012002200320042005200620072008eAfrica11,15711,23112,44212,94815,57819,93322,95928,33738,25741,639

Sub-Saharan Africa45556810141920

North Africa7788101213151921

Total Africa11.111.212.412.915.619.922.928.338.241.6

Iran, Islamic Rep.MNA5085366828511,1781,0321,0321,0321,1151,115

IraqMNA..................0.0

JordanMNA1,7521,8452,0112,1352,2012,3302,5002,8833,4343,434

LebanonMNA1,4021,5822,3072,5444,7435,5914,9245,2025,7696,000

Syrian Arab RepublicMNA198180170135889855823795824850

West Bank and GazaMNA993859409334472455598598598598

Yemen, Rep.MNA1,2231,2881,2951,2941,2701,2831,2831,2831,2831,283

WorkersRemittances

11.22017.213.1

12.424.219.212.7

12.927.924.114

15.535.230.416.7

19.541.528.721.3

22.348.333.129.5

25.256.839.835.4

Africa

Latin America & Caribbean

South Asia

Europe & Central Asia

US$ Billion

Remittances a major source of external capital

GDPGrowth

Sub-Saharan Africa

North Africa

Total Africa

US$ Billion

Remittances a major source of external finance

Real GDP Growth

(Percentage)

20002001200220032004200520062007200820092010

Algeria2.22.14.76.95.25.12.03.24.84.54.8

Angola3.03.114.53.311.220.618.620.916.212.011.9

Benin4.96.24.43.93.12.93.84.64.95.35.5

Botswana7.39.11.79.63.19.2-0.86.05.35.24.6

Burkina Faso1.97.15.48.04.67.15.54.04.55.86.0

Burundi-0.92.14.4-1.24.80.95.13.64.55.05.0

Cameroon4.24.54.04.03.72.33.23.34.44.64.8

Cape Verde7.36.15.34.74.45.810.86.66.06.57.0

Central African Rep1.80.3-0.6-7.61.02.44.04.23.54.55.0

Chad-0.511.58.514.333.77.90.20.22.53.03.3

Comoros2.42.32.32.11.92.82.60.80.41.22.5

Congo7.63.84.60.83.67.76.2-1.68.910.610.2

Congo Dem Rep-6.9-2.13.55.86.67.95.66.26.67.17.5

Cte d'Ivoire-3.7-0.0-1.4-1.61.81.20.91.62.83.84.7

Djibouti0.52.02.63.23.03.24.85.35.96.97.3

Egypt5.43.53.23.24.14.56.87.16.86.06.0

Equatorial Guinea13.167.820.414.432.78.85.39.88.24.14.0

Eritrea-12.48.81.3-1.71.94.8-0.12.41.22.06.0

Ethiopia8.26.21.4-2.313.711.810.710.87.56.57.3

Gabon-1.92.1-0.32.51.43.01.25.54.24.13.5

Gambia5.55.8-3.26.97.05.16.56.35.56.06.0

Ghana3.74.24.55.25.65.96.46.36.05.85.8

Guinea2.93.84.21.22.3-24.42.41.84.54.75.0

Guinea Bissau7.50.2-7.1-0.62.23.51.82.73.33.13.3

Kenya0.54.50.52.95.15.86.47.04.06.06.2

Lesotho2.61.82.92.74.22.97.24.95.25.45.5

Liberia25.72.93.7-31.32.65.37.88.08.811.015.0

Libya3.7-4.3-0.412.96.09.95.96.87.18.110.5

Madagascar4.76.0-12.79.85.34.65.07.46.56.76.8

Malawi0.8-4.12.13.95.12.18.27.97.07.07.0

Mali-3.312.04.27.62.36.15.32.84.74.84.4

Mauritania1.82.91.15.65.25.411.41.05.06.85.7

Mauritius9.02.91.64.45.51.23.95.45.34.95.0

Morocco1.67.63.36.34.83.07.82.76.55.55.6

Mozambique1.913.18.27.97.58.48.57.06.56.76.6

Namibia3.52.46.73.56.64.73.93.74.03.54.0

Niger-2.67.45.37.7-0.87.24.83.24.74.55.0

Nigeria5.38.221.210.310.65.46.26.26.26.16.5

Rwanda8.16.79.40.94.06.05.36.06.05.65.4

Sao Tome & Principe3.04.04.15.46.65.76.76.05.86.06.0

Senegal-4.612.70.66.95.85.62.24.84.34.65.5

Seychelles4.3-2.31.2-5.9-2.91.25.35.52.53.03.5

Sierra Leone4.517.218.810.99.67.57.36.85.55.96.0

Somalia.................................

South Africa4.22.73.73.14.95.05.45.13.83.03.7

Sudan8.410.86.06.35.16.19.49.37.86.67.0

Swaziland2.01.01.93.82.52.22.83.52.82.52.5

Tanzania4.96.07.26.97.87.46.77.16.56.77.0

Togo-1.0-2.2-0.24.82.51.34.12.13.03.54.0

Tunisia4.74.91.85.66.04.05.56.35.55.25.2

Uganda5.45.28.66.66.86.310.87.99.88.08.0

Zambia3.64.93.35.15.45.26.26.05.85.96.0

Zimbabwe-7.3-2.7-4.4-10.4-3.6-4.0-5.4-6.1-6.6-2.0...

Afrique3.84.65.45.26.15.66.16.26.15.55.9

Source: ADB Statistics Department

Page *

Impact of the Crisis on banking: though small, African capital markets are growingAlthough African banks do not have complex derivative instruments nor rely excessively on foreign borrowingHigh levels of foreign ownership indicates potential contagion channelSmall market size implies that even limited withdrawals could be significantLending by foreign banks to African private banks is declining (e.g. in some countries have banks seen lines of credit shrink)

Chart1

134.2525.6549.3

140.9500.4850.9

166.2646.31181.7

Debt Securities

Bank Assets

Stock Market Capitalisation

US$ Billion

Size of Capital Markets in Africa

Sheet1


200520062007

Debt Securities134.2140.9166.2

Bank Assets525.6500.4646.3

Stock Market Capitalisation549.3850.91181.7

Sheet1

Debt Securities

Bank Assets

Stock Market Capitalisation

US$ Billion


Sheet2

Sheet3

Page *

Impact of the Crisis: Stock Markets Affected

Chart1

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30821.1327719.67

30970.1927719.67

30396.3427719.67

29980.0927719.67

29932.9727719.67

29627.6427719.67

29587.5127719.67

29962.1827719.67

30095.0627719.67

29693.1527719.67

29152.4227719.67

28418.7327719.67

29509.0627719.67

30044.0727719.67

29928.0727719.67

30648.0327719.67

30306.9227719.67

30710.5227719.67

30212.8727719.67

30114.8727719.67

30717.5827719.67

31079.1527719.67

30519.8327719.67

30885.0227719.67

30631.5727719.67

30673.7427719.67

30166.3227719.67

30058.127719.67

30297.2927719.67

29813.3727719.67

29848.8927719.67

30181.7727719.67

29489.6827719.67

29572.2227719.67

29018.0627719.67

28505.8227719.67

29039.5627719.67

28502.2327719.67

28585.627719.67

2763327719.67

27945.5527719.67

27749.0927719.67

27881.3827719.67

27764.0327719.67

28619.5427719.67

28751.8727719.67

27317.1427719.67

27068.1627719.67

26442.7127719.67

25692.8727719.67

26502.2327719.67

26463.1327719.67

25135.1327719.67

25397.1727719.67

25423.6927719.67

26652.6627719.67

27039.9727719.67

26911.527719.67

27635.9727719.67

27951.1927719.67

27509.2527719.67

27903.9427719.67

28400.7827719.67

28937.4327719.67

28640.4227719.67

28979.7327719.67

29124.8427719.67

29263.4127719.67

28957.9727719.67

29634.6527719.67

29781.3927719.67

29505.3627719.67

29331.9927719.67

28460.927719.67

28112.8927719.67

28526.3427719.67

2870827719.67

29388.6527719.67

30307.127719.67

30468.6127719.67

30464.3827719.67

30390.6727719.67

30133.7427719.67

30118.1527719.67

29947.4927719.67

30303.6727719.67

30307.827719.67

29925.7627719.67

29410.0727719.67

29286.327719.67

29448.6927719.67

29602.5927719.67

29127.4227719.67

29146.3527719.67

29542.127719.67

29222.4827719.67

29868.0627719.67

30144.8427719.67

30681.6627719.67

30454.7627719.67

30774.1727719.67

30920.2127719.67

31055.1227719.67

30767.7627719.67

30764.6327719.67

30346.3827719.67

30553.4427719.67

30816.1927719.67

31334.9927719.67

31244.6727719.67

31211.4427719.67

30804.8627719.67

30417.4627719.67

30041.2127719.67

30449.4227719.67

30146.6227719.67

30766.2127719.67

31016.8327719.67

31068.2627719.67

31033.4227719.67

31164.3827719.67

31225.8527719.67

31531.0527719.67

31198.7327719.67

30934.3127719.67

30788.9527719.67

30927.6427719.67

30890.3727719.67

30730.127719.67

30430.7127719.67

30167.5227719.67

29959.1927719.67

29944.3127719.67

29812.3827719.67

29776.0327719.67

29709.3527719.67

29832.327719.67

29808.6527719.67

28766.3427719.67

28536.4227719.67

28928.0527719.67

29086.3727719.67

28730.1727719.67

28858.1427719.67

28240.727719.67

28311.7727719.67

28850.1927719.67

28696.6727719.67

29051.9627719.67

28887.4827719.67

28660.3527719.67

27909.9427719.67

27600.9627719.67

27479.5427719.67

27820.5827719.67

27417.9327719.67

27468.0727719.67

27241.1227719.67

26538.9527719.67

26640.1827719.67

25984.8527719.67

25991.827719.67

27091.1327719.67

27369.7227719.67

27752.7127719.67

27076.327719.67

28208.9527719.67

27312.0727719.67

26904.4827719.67

27582.0127719.67

27859.2327719.67

27820.1127719.67

28561.8127719.67

28156.2327719.67

27714.4527719.67

28585.8427719.67

29105.2727719.67

29590.8127719.67

29885.2727719.67

29692.0427719.67

29621.2827719.67

29422.6627719.67

29606.2227719.67

29868.2227719.67

29961.7327719.67

29791.2727719.67

29643.3627719.67

29450.5927719.67

29714.1627719.67

29218.3327719.67

28896.3627719.67

28844.3127719.67

28755.0327719.67

28703.1327719.67

28337.2227719.67

28402.7927719.67

28285.127719.67

28746.4327719.67

28914.4427719.67

29094.3227719.67

29309.727719.67

29510.3527719.67

29243.1927719.67

29318.5927719.67

29313.7827719.67

2898827719.67

28602.9527719.67

28299.3327719.67

28545.5727719.67

28169.2327719.67

28554.3227719.67

28538.8427719.67

28865.927719.67

28837.5227719.67

28942.7827719.67

28627.7927719.67

28439.427719.67

28665.9627719.67

28637.2227719.67

28533.0327719.67

28812.9427719.67

29087.4927719.67

28629.3827719.67

28642.427719.67

28331.4527719.67

27884.3627719.67

28046.827719.67

28059.2727719.67

28094.827719.67

28671.4827719.67

28438.8627719.67

28354.4127719.67

28161.7827719.67

28797.7927719.67

28649.727719.67

28278.2327719.67

28328.1227719.67

28170.627719.67

28076.1927719.67

28223.3127719.67

28150.7527719.67

28501.727719.67

28367.5427719.67

28098.6627719.67

28148.5227719.67

28506.7227719.67

28379.5127719.67

28132.4527719.67

27822.2727719.67

27638.6427719.67

27875.6227719.67

27547.8527719.67

27525.7427719.67

27568.1727719.67

27418.8827719.67

27267.2427719.67

27150.5927719.67

26829.827719.67

26839.6327719.67

26756.2927719.67

26913.6227719.67

26654.927719.67

26360.9327719.67

26161.5327719.67

25839.1327719.67

25662.3127719.67

25250.0627719.67

25853.0527719.67

26012.1227719.67

25923.4827719.67

25616.6327719.67

25280.427719.67

25228.1127719.67

24919.4627719.67

25561.1227719.67

25336.5827719.67

25795.9927719.67

26932.1527719.67

26792.3927719.67

26697.727719.67

26306.327719.67

26514.7727719.67

26623.2327719.67

26511.0827719.67

26521.127719.67

26311.4227719.67

26023.3527719.67

25820.6127719.67

25666.8127719.67

25596.8627719.67

25915.927719.67

25933.8127719.67

25605.1827719.67

25782.3827719.67

25447.7327719.67

25481.2527719.67

25341.8127719.67

25572.3927719.67

25444.2827719.67

25103.6827719.67

25139.7827719.67

24920.9527719.67

25231.527719.67

24980.4427719.67

25155.4527719.67

25194.7327719.67

24908.8727719.67

24677.4727719.67

24535.6327719.67

24603.6127719.67

24412.4727719.67

24261.0627719.67

24201.0227719.67

24600.9627719.67

25156.7127719.67

JALSH

Benchmark 31/07/2008

South Africa: JALSH Index

Contents

ECON Daily Monitoring Report - Nov 26, 2008

Stock Exchange

Exchange Rates

Bond Yield Rates

Credit Default Swap

Selected Commodity Prices

Charts 1: Africa

Charts 2: America - Europe

Charts 3: Asia

&C&G

&L&"Book Antiqua,Regular"&20Office of the Chief Economist&R&"Book Antiqua,Regular"&20ECON

Stock Exchange

Exchange Rates

Bond Yield Rates

Credit Default Swap

Charts 1: Africa

Charts 2: America - Europe

Charts 3: Asia

Selected Commodity Prices

Stock Exchange

Stock Exchange Market

Index NameIndex CodeBenchmark 31/07/2008Day 29/102008Day 30/102008Day 31/10200803/11/200804/11/200805/11/200806/11/200807/11/200810/11/200811/11/200812/11/200813/11/200814/11/200817/11/200818/11/200819/11/200820/11/200821/11/200824/11/200825/11/200826/11/2008% Change/ Previous day% Change / Benchmark

Africa

Cte d'IvoireBRVM Composite IndexBRVM CI242.54196.26195.83194.02190.68189.21188.09190.01186.71186.46181.42180.76180.83178.18178.67179.42179.36177.52177.15176.98176.43173.79-1.5-28.3

EgyptCASE 30 IndexCASE309251.194,887.064,716.254,992.255,152.555,314.565,354.355,243.205,235.765,363.595,292.205,021.944,823.59n.a.4,561.064,205.994,098.513,878.11n.a.3686.353866.953978.672.9-57.0

KenyaKenya Stock IndexKSE4868.273,106.143,175.493,386.653,556.033,753.644,023.70n.a.3,918.783,848.293,801.713,681.473,662.503625.593609.993,604.463,560.513,514.303627.53494.943453.653429.28-0.7-29.6

MauritiusMauritius AllSharesSEMDEX1735.771,342.081,333.911,334.651,334.301,322.981,327.641,336.831,339.241,334.151331.41325.271,313.331308.551306.281293.311,271.171,194.121222.021112.191156.561156.740.0-33.4

MoroccoCasa All Share IndexMASI14134.711,840.6011,953.5011,977.5012,003.8012,144.7012,224.20n.a.12,109.8412,084.3711,951.1911830.4911795.6111,759.1411678.73n.a.11557.961137711126.8910969.0611125.5311189.080.6-20.8

NigeriaNSE All Share IndexNSE52,916.6640,162.9138,869.3236,325.8635,213.4534,327.6433,754.11n.a.34,351.8134,973.0535738.0236538.1437333.6437876.0638018.4437865.1636703.98n.a.34660.65n.a.33834.9433530.58-0.9-36.6

South AfricaAll Share IndexJALSH27,552.6519,794.7420,861.5220,991.7221,135.2721,649.5820,950.9820,125.2720,030.4821,052.7520,098.2119,670.5319,094.6619,413.7018883.1818747.1618756.6517814.4218066.3818984.2220263.1120474.71.0-25.7

TunisiaTUNIS SE IndexTUN2149.882,043.052,058.912,058.912,045.222,045.222,048.882,068.17n.a.2,064.822,070.382,076.902,088.502,082.532082.532064.782057.262066.992065.212056.692035.42007.11-1.4-6.6

America

ArgentinaMerVal IndexMERV1,919.82918.45973.561,010.791,057.621,123.111,135.79n.a.1,096.601,085.871,066.901,008.261,015.901,022.81989.06944.83925.35864.40828.99901.91906.39954.815.3-50.3

BrazilBovespaIBOVESPA.SA59,505.1734,845.2137,448.7737,256.8438,249.4440,254.8037,785.6636,361.9136,665.1136,776.2737,261.9034,373.9935,993.3335,789.1035,717.2134,094.6633,404.55n.a.31,250.6034,188.8334,812.8636,469.614.8-38.7

CanadaS&P TSX Composite IndexGSPTSE13,592.919,501.569,856.219,762.769,721.2610,116.589,887.209,555.419,596.219,688.809,424.008,922.579,352.789,055.968,795.458,835.738,490.567,724.768,155.398,440.878,442.868,643.522.4-36.4

USADow Jones IndustrialDJ Index11,378.028,990.969,180.699,336.939,319.839,625.289,139.278,695.798,943.818,870.548,693.968,282.668,835.258,497.318,273.588,424.757,997.287,552.298,046.428,443.398,479.478,726.612.9-23.3

Nasdaq IndexNasdaq1,849.151,302.121,333.941,334.781,334.751,378.401,299.981,241.971,271.621,251.001,225.591,165.381,240.931,179.631,151.961,155.751,087.601,036.511,085.571,154.341,142.581,193.094.4-35.5

Asia

ChinaShangai Composite Index000001.SS2,775.721,719.811,763.611,728.791,719.771,706.701,760.611,717.721,747.711,874.801,843.611,859.111,927.611,986.442,030.481,902.432,017.471,983.761,969.391,897.061,888.711,897.880.5-31.6

Hong KongHang Seng IndexHSI22,731.1012,702.0714,329.8513,968.6714,344.3714,384.3414,840.1613,790.0414,243.4314,744.6314,040.9013,939.0913,221.3513,542.6613,529.5312,915.8912,815.8012,298.5612,659.2012,457.9412,878.6013,369.453.8-41.2

IndiaBSE 30 IndexBSESN14,355.759,008.089,044.519,788.0610,337.6810,631.1210,120.019,734.229,964.2910,536.169,839.699,536.33n.a.9,385.429,291.018,937.208,773.788,451.018,915.218,903.128,695.539,026.723.8-37.1

IndonesiaJakarta KSE Composite IndexJKSE2,304.511,113.621,173.861,256.701,352.721,369.791,366.281,307.901,338.361,340.681,336.561,326.621,259.711,264.381,236.931,189.861,180.361,154.971,146.281,141.401,154.141,193.153.4-48.2

JapanNikkei 225 IndexN22513,376.817,621.928,211.909,029.768,576.989,114.609,521.248,899.148,583.009,081.438,809.308,695.518,238.648,462.398,522.588,328.418,273.227,703.047,910.797,910.798,323.938,213.22-1.3-38.6

KoreaKS11 Seoul Composite IndexKS111,594.67968.971,084.721,113.061,129.081,153.351,181.501,092.221,134.491,152.461,128.731,123.861,088.441,088.261,078.321,036.161,016.82948.691,003.73970.14983.321,029.784.7-35.4

MalaysiaKLSE Composite IndexKLSE1,163.09829.41853.56863.61899.35905.58915.24895.95893.95904.24894.60890.34890.34881.65881.65883.09877.65865.32866.88855.39860.18856.37-0.4-26.4

SingaporeStrait Times IndexSTI2,929.651,671.201,801.911,794.201,883.751,829.691,868.821,819.201,863.491,885.021,806.961,784.011,755.471,759.141,749.671,692.551,665.591,613.951,662.101,620.291,653.251,711.133.5-41.6

Europe

FranceCAC 40 IndexCAC404,392.363,402.573,407.823,487.073,527.973,691.093,618.113,387.253,469.123,505.753,336.413,233.963,269.463,291.473,182.033,217.403,087.892,980.422,881.263,172.113209.563,138.14-2.2-28.6

GermanyDAX IndexGDAXI6,479.564,808.694,869.304,987.975,026.845,278.045,166.874,813.574,938.465,025.534,761.584,620.804,649.524,710.244,557.274,579.474,354.094,220.204,127.414,554.334,560.424,560.500.0-29.6

United KingdomFTSE 100 IndexFTSE5,411.904,242.504,291.604,377.304,443.304,639.504,530.704,272.404,365.004,403.904,246.694,182.024,169.214,232.974,132.164,208.554,005.683,875.003,777.274,152.964,171.304,152.69-0.4-23.3

Sources: ADB Statistics Department; Yahoo Finance and ISI Emerging Markets Online Databases, November 2008.

Page &P of &N

Exchange Rates

Currency Exchange Rates

(National Currency per US Dollars)

Currency NameCurrency CodeDay-1Day-2Day-3Day-4Day-5% Change Day-5;Day-4

Region/CountryCurrency NameCurrency CodeBenchmark 31/7/2008Average Previous Month10/31/0811/1/0811/2/0811/3/0811/4/0805/11/200806/11/200807/11/200808/11/200809/11/200810/11/200811/11/200812/11/200813/11/200814/11/200815/11/200816/11/200817/11/200818/11/200819/11/200820/11/200821/11/200824/11/200825/11/200826/11/2008%Currency Change / Previous day% Currency Change/ Benchmark

Africa

AlgeriaAlgerian DinarDZD63.063.967.168.368.668.568.469.069.569.769.768.668.669.368.669.269.269.269.469.669.369.269.170.170.969.669.8-0.3-9.7

AngolaNew KwanzaAON75.275.275.275.275.275.275.275.275.275.275.275.275.275.275.275.275.275.275.275.275.275.275.275.275.275.275.20.00.0

BeninCFA FrancXOF429.2500.3510.5525.5525.8526.8520.7525.8516.5520.7525.6522.6522.6518.1526.1532.0534.9525.6526.9526.9529.3529.8529.4533.7534.2527.5519.61.5-17.4

BotswanaPulaBWP6.57.87.98.18.18.17.98.07.98.08.18.18.18.08.18.28.38.18.28.28.18.28.28.38.38.28.02.5-18.9

Burkina FasoCFA FrancXOF429.2500.3510.5525.5525.8526.8520.7525.8516.5520.7525.6522.6522.6518.1526.1532.0534.9525.6526.9526.9529.3529.8529.4533.7534.2527.5519.61.5-17.4

BurundiBurundi FrancBIF1,191.51,195.21,182.41,219.11,214.51,213.81,214.41,221.91,208.61,221.61,225.51,215.51,215.51,217.91,239.81,231.71,221.91,209.41,217.71,221.21,218.41,218.41,219.81,226.51,227.81,218.71,241.8-1.9-4.1

CameroonCFA FrancXOF429.2500.3510.5525.5525.8526.8520.7525.8516.5520.7525.6522.6522.6518.1526.1532.0534.9525.6526.9526.9529.3529.8529.4533.7534.2527.5519.61.5-17.4

Cape VerdeEscudoCVE71.883.985.788.388.588.787.288.387.187.888.187.487.487.388.588.689.488.388.588.688.888.988.989.790.088.987.31.9-17.7

Central African Rep.CFA FrancXOF429.2500.3510.5525.5525.8526.8520.7525.8516.5520.7525.6522.6522.6518.1526.1532.0534.9525.6526.9526.9529.3529.8529.4533.7534.2527.5519.61.5-17.4

ChadCFA FrancXOF429.2500.3510.5525.5525.8526.8520.7525.8516.5520.7525.6522.6522.6518.1526.1532.0534.9525.6526.9526.9529.3529.8529.4533.7534.2527.5519.61.5-17.4

ComorosComoros FrancKMF316.9369.0381.0386.3386.3386.3388.5379.8381.5381.5385.9385.9385.9386.5386.5392.8395.1395.3395.3395.3388.5390.7392.1394.5393.5388.0378.52.5-16.3

CongoCFA FrancXOF429.2500.3510.5525.5525.8526.8520.7525.8516.5520.7525.6522.6522.6518.1526.1532.0534.9525.6526.9526.9529.3529.8529.4533.7534.2527.5519.61.5-17.4

Congo, Dem. Rep. ofCongolese FrancCDF437.0437.0437.0437.0437.0437.0437.0437.0437.0437.0437.0437.0437.0437.0437.0575.5577.5582.3582.3582.3576.2581.6586.1587.7585.6585.6585.60.0-25.4

Cte d'IvoireCFA FrancXOF429.2500.3510.5525.5525.8526.8520.7525.8516.5520.7525.6522.6522.6518.1526.1532.0534.9525.6526.9526.9529.3529.8529.4533.7534.2527.5519.61.5-17.4

DjiboutiDjibouti FrancDJF178.7179.9178.2182.1180.3180.6180.2181.3179.3181.3181.6179.9179.9180.3180.0180.2180.9179.0180.5180.8181.1181.1180.9181.6182.0180.4180.9-0.3-1.2

EgyptEgyptian PoundEGP5.45.65.65.65.75.75.65.65.65.65.65.65.65.65.65.65.65.65.65.75.65.65.65.65.65.65.60.2-3.9

Equatorial GuineaCFA FrancXOF429.2500.3510.5525.5525.8526.8520.7525.8516.5520.7525.6522.6522.6518.1526.1532.0534.9525.6526.9526.9529.3529.8529.4533.7534.2527.5519.61.5-17.4

EritreaNakfaERN

EthiopiaBirrETB10.09.99.810.09.910.09.910.09.910.010.09.99.99.910.010.010.09.910.010.010.010.010.010.010.010.010.0-0.3-0.4

GabonCFA FrancXOF429.2500.3510.5525.5525.8526.8520.7525.8516.5520.7525.6522.6522.6518.1526.1532.0534.9525.6526.9526.9529.3529.8529.4533.7534.2527.5519.61.5-17.4

Gambia, TheGambian DalasiGMD21.524.424.525.024.524.524.524.924.925.425.425.025.025.825.825.825.425.526.126.226.226.727.126.627.026.427.0-2.3-20.4

GhanaNew CediGHS1.21.21.21.21.21.21.21.21.21.21.21.21.21.21.21.21.21.21.21.21.21.21.21.21.21.21.22.2-0.8

GuineaGuinea FrancGNF4,653.65,099.65,085.05,194.85,143.35,140.45,045.55,131.35,103.35,084.25,181.25,132.95,132.95,143.15,087.85,113.35,097.55,048.45,146.95,161.75,033.95,098.85,129.05,196.15,201.85,162.85,178.2-0.3-10.1

Guinea-BissauCFA FrancXOF429.2500.3510.5525.5525.8526.8520.7525.8516.5520.7525.6522.6522.6518.1526.1532.0534.9525.6526.9526.9529.3529.8529.4533.7534.2527.5519.61.5-17.4

KenyaKenyan ShillingKES68.780.284.182.980.883.582.484.683.682.781.277.677.681.080.782.183.582.279.679.682.282.081.982.380.382.682.30.4-16.5

LesothoLotiLSL7.59.89.810.210.110.29.810.09.710.010.210.210.210.010.110.310.510.310.310.310.310.410.410.710.610.510.14.3-25.5

LiberiaLiberian DollarLRD64.064.064.064.064.064.064.064.064.064.064.064.064.064.064.064.064.064.064.064.064.064.064.064.064.064.064.00.00.0

LibyaLibyan DinarLYD1.21.31.31.31.31.31.31.31.31.31.31.31.31.31.31.31.31.31.31.31.31.31.31.31.31.31.3-0.3-9.2

MadagascarAriaryMGA1,612.91,778.31,839.81,870.91,852.41,855.81,858.41,882.31,860.01,880.61,886.11,867.01,867.01,867.11,884.11,882.51,899.21,875.81,879.51,879.51,880.01,882.21,882.91,893.71,915.01,884.61,869.70.8-13.7

MalawiKwachaMWK144.0144.9144.4146.6145.3145.5145.3145.6145.1145.5145.6145.3145.3145.7146.0145.8146.1145.9145.7145.9145.5145.6145.9145.4146.3145.0145.00.0-0.7

MaliCFA FrancXOF429.2500.3510.5525.5525.8526.8520.7525.8516.5520.7525.6522.6522.6518.1526.1532.0534.9525.6526.9526.9529.3529.8529.4533.7534.2527.5519.61.5-17.4

MauritaniaOuguiyaMRO234.5243.8248.5253.8251.2251.7250.4252.0249.2251.9252.3250.0250.0254.5256.9253.6251.3248.8250.8251.2250.6250.6251.7253.6254.1252.0255.4-1.3-8.2

MauritiusMauritius RupeeMUR27.631.533.132.733.032.733.234.334.534.334.035.035.033.433.232.933.233.133.133.233.433.333.533.533.433.333.3-0.1-17.3

MoroccoDirhamMAD7.48.48.68.78.88.88.78.78.68.78.78.88.88.78.88.88.88.78.88.88.88.88.88.99.08.78.61.2-14.2

MozambiqueNew MeticalMZN24.124.224.324.324.324.324.324.324.324.324.324.324.324.324.324.324.424.424.424.424.424.424.424.424.424.524.50.0-1.7

NamibiaNamibian DollarNAD7.69.810.010.310.310.39.910.09.89.910.210.210.210.010.310.510.510.310.310.310.210.410.410.610.610.410.03.9-24.5

NigerCFA FrancXOF429.2500.3510.5525.5525.8526.8520.7525.8516.5520.7525.6522.6522.6518.1526.1532.0534.9525.6526.9526.9529.3529.8529.4533.7534.2527.5519.61.5-17.4

NigeriaNairaNGN118.9118.8118.711

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