African Economic Outlook 2018
The African Economic Outlook bridges a critical knowledge gap on the diverse socioeconomic realities of African economies through regular, rigorous, and comparative analysis. It provides short-to-medium term forecasts on the evolution of key macroeconomic indicators for all 54 regional member countries, as well as analysis on the state of socioeconomic challenges and progress made in each country. It represents African Development Bank staff economists’ analyses of African economic development during the previous year and near term. It has become the main flagship report for the African Development Bank, as well as reference material for those interested in Africa’s development, including researchers, investors, civil society organizations, and development partners.
Given a rapidly changing Africa and international economic order, we have revamped the Outlook to enhance its policy relevance while ensuring that it serves the Bank’s operations well. Three main changes are evident.
First, to increase the AEO’s timeliness, we are moving to an earlier release date so that the Bank, as a leading African institution, would be among the first to provide headline numbers on Africa’s macroeconomic performance and outlook. We plan to launch the AEO in midJanuary of every year.
Second, to facilitate advocacy and policy dialogue, the 2018 AEO is being shortened to a maximum of four chapters and 54 Country Notes, totaling about 175 pages, down from more than 300 pages in previous years.
Third, we are producing Regional Economic Outlooks for Africa’s five subregions. These self-contained, independent reports focus on priority areas of concern for each subregion and provide analysis of the economic and social landscape. They also highlight issues of pressing current interest.