BMI View: Ghana's food and drink outlook will grow increasingly favourable over 2016 and 2017 on the
back of positive economic recovery. Consumer spending will benefit from rising economic activity, boosting
demand for formalisation. We believe the MGR sector will con ..."
BMI View: Despite slow economic activity in 2016, food and drink spending in Uganda will remain
resilient, stemming from high levels of remittances which will support household spending. Disposable
incomes over 2016 will be relatively low, which will drive higher dema ..."
BMI View: Throughout 2016, Algeria's food and drink market will come under pressure stemming from
rising food inflation as well as weaker economic growth. We have revised down our food and non-alcoholic
beverage sales growth owing to lower consumer spending. Our outlo ..."
BMI View: Sudan's food and drink industry will experience modest growth throughout our forecast period
on the back of a more favourable economic outlook; relatively low inflation and low fuel prices. On the
other hand, South Sudan's food and drink industry will experi ..."
BMI View: Morocco's food and drink market will suffer from the collapse of the country's agricultural
production in 2016, which will weigh on employment and household incomes, especially in rural areas. We
hold a more positive medium-term outlook as Morocco's food and ..."
BMI View: Kenya's booming consumer outlook will encourage investment in the food and drink industry
over our five-year forecast period. Rising disposable incomes will boost higher spending across a wider
range of food segments, with the uptick in non-essential product ..."
BMI View: Angola's food and drink industry will contract in real terms over 2016 as we forecast consumer
price inflation to be higher than food and non-alcoholic drinks sales growth. Economically priced segments
will perform well throughout our forecast period as they ..."
BMI View: Cameroon's food and drink industry will experience positive growth over our forecast period on
the back of an emerging middle class and rising adoption of the mass grocery retail sector. Over the long
term, favourable demographic trends and economic stabilit ..."
BMI View: Premiumisation will continue to drive growth in Gabon's food and drink industry throughout
our forecast period, as the country's small population will limit the scope for mass market offerings. We
hold a positive consumer outlook on the back of low inflation ..."
BMI View: Mozambique's food spending will continue to make up significantly the largest part of
household spending, with discretionary products such as soft drinks picking only gradually over our
forecast period. Private consumption will be boosted by rising employmen ..."