GTCO Financial Results
Sub-Saharan Africa Interest Rate and Inflation Highlights
Interest Rate
In line with major global economies, most African countries cut interest rates to spur
growth to aid faster recovery from covid-19 induced economic slowdown.
Inflation
Most countries experienced record high inflation levels in 2021 driven by lingering
supply chain disruptions. Inflation is expected to remain elevated in 2022.
30.00
25.00
20.00
15.00
10.00
5.00
8.00
7.00
6.00
5.00
4.00
3.00
2.00
1.00
Jan. Feb.
21
21
Mar.
21
Apr. May. Jun. Jul. 21 Aug. Sep. Oct. Nov. Dec. Jan.
21 21 21
21 21
21 21 21
22
Ghana
Liberia
Cote D'voire
Gambia
Siera Leone
21
21 21
21 21
Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan.
21 21 21
21 22
21 21 21
Uganda
Tanzania
20.00
18.00
16.00
14.00
12.00
10.00
8.00
6.00
4.00
2.00
4.50
4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
Jan. Feb. Mar.
21 21 21
21
Apr. May. Jun. Jul. 21 Aug. Sep. Oct. Nov. Dec. Jan.
21 21
21 21 21 21 21
22
Ghana.
Liberia
Cote D'voire
Gambia
Siera Leone
21
Jan. Feb.
21
Mar. Apr. May. Jun. Jul. 21 Aug.
21 21 21 21
21
Sep. Oct. Nov. Dec. Jan.
21 21 21 21
22
Uganda
Tanzania
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