Ostafrika-Reise: Ein Tagebuch vom Oktober 2015

29.10.2015 09:01 - Bellevue Asset Management AG

Ostafrika-Reise: Ein Tagebuch vom Oktober 2015

Zu Monatsbeginn trafen wir uns in Kenia und Ruanda mit Vertretern privater und halbstaatlicher Unternehmen. Diese Treffen und unsere Feldforschung in Nairobi und Kigali ermöglichten uns eine Neueinschätzung der beiden dynamischen Volkswirtschaften, denen wir trotz kurzfristiger Herausforderungen weiterhin positiv gegenüberstehen.

Kenia und Ruanda überzeugten in den letzten drei Jahren mit einem durchschnittlichen Wachstum von 5.3% und 6.8%, für 2015-16f werden 6-7% erwartet. Die zwei Länder (BIP 2014: USD 60.9 Mrd. und USD 7.9 Mrd.) haben ihre Entwicklungsinvestitionen aufgestockt, halten ihre laufenden Ausgaben jedoch unter Kontrolle. Ersteres führte zu einem Zwillingsdefizit, da Exporte und Einnahmen für eine ausgeglichene Bilanz nicht ausreichten. Daher mussten beide Staaten im Verlauf der Jahre verstärkt auf externe Finanzierungsquellen zurückgreifen.

Im_Fokus_Ostafrika_1015.pdf

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