Inflation: 2.7%

Budget Balance (% GDP): - 5.0

Population: 27.2m

A growing armed separatist movement in the Anglophone west will threaten stability,
compounding discontent with the seven-term president, Paul Biya, over his response,
and over attacks in the far north by Boko Haram, a militant Islamist group. The economy
will pick up from its pandemic dip as natural gas starts to flow through a new offshore
terminal at Kribi port. Delayed infrastructure projects will resume.

Egypt

GDP growth: - 2.3%

GDP per head: $3,710 (PPP: $12,380)

Inflation: 5.1%

Budget Balance (% GDP): - 10.6

Population: 102.8m

The president, Abdel Fattah el-Sisi, will focus on reviving the economy from its viral
funk. He has plenty of time: a constitutional reform allows him to rule until 2030,
pending re-election in 2024, and with a legislative majority and little opposition, he
probably will. A tighter post-covid budget will bring protests, but the regime is well
protected by support from the armed forces.

Ethiopia