The African Bond Markets Development Index (ABMDI) is a ranking of African local bond markets established by the AFMI team/AfDB. This report is organized in two sections. Section 1 presents the 2017 ABMDI country rankings and scores based on 2016 data. Section 2 focuses on ABMDI weights and methodology.
Budget managers are frequently confronted with changing circumstances during a fiscal year that disrupt even the best prepared spending plans. Some of these changed circumstances require no more than regular adjustments to plans, while others become chronic and have a significant effect on public finances. The latter are commonly referred to as extraordinary shocks, which are sudden and can pose a threat to fiscal stability and service delivery.
This paper analyses the development of local currency sovereign bond markets (LCBMs), a potentially important but often overlooked source of longer-term public finance, in Sub- Saharan Africa (SSA).
The African Economic Outlook bridges a critical knowledge gap on the diverse socio-economic 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 socio-economic challenges and progress made in each country.
This report is organized around two sections. Section 1 will present the 2016 ABMDI country rankings and scores built on 2015 data. Section 2 will present the ABMDI methodology and factor weights.