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ABOUT ACIOE ASSOCIATES

ACIOE Associates is an advisory services firm providing solutions in Strategy, Government Relations, Regulatory Affairs, Economic Development...

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June 24, 2026

Monthly Africa Economic Report: May 2026

Nigeria | Ghana | Kenya ABRIDGED EDITION | Access the Full Report | contactus@acioe.com Executive Summary May 2026 marks a decisive inflection in the macroeconomic trajectories of Nigeria, Ghana, and Kenya. The US-Israel-Iran conflict and extended Strait of Hormuz disruption, which defined April’s commodity pricing environment, registered differently across the three economies in May: Murban […]

June 24, 2026

Monthly Africa Economic Report: April 2026

Executive Summary: Africa is confronted by significant headwinds from the global fallout of the extended Strait of Hormuz blockade and downstream effects to global trade and critical industrial imports such as fertilisers and energy. Inflationary pressures grip the African continent revising inflation forecasts up in the near-term as countries prepare various policies to negotiate and […]

June 24, 2026

Monthly Economic Update – March 2026 (Nigeria, Kenya, and Ghana)

Executive Summary Sub-Saharan Africa’s major frontier economies navigated a more complex macroeconomic environment in March 2026, as diverging inflation trajectories, shifting capital flows, and rising global uncertainty tested the resilience of recent stabilization gains. Nigeria continued to face FX pressures, with the naira depreciating modestly over the month and gross reserves declining to $49.29 billion […]

March 6, 2025

Monthly Economic Updates (Nigeria, Kenya, and Ghana)

Key emerging markets in Africa experienced significant economic policy developments in February 2025. ACIOE’s analysis of Kenya, Ghana, and Nigeria reveals distinct approaches to managing inflation, interest rates, and currency stability amidst evolving global economic conditions. Kenya’s inflation rate rose to 3.5% in February (up from 3.3% the previous month). The central bank’s benchmark interest […]