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FT launches African macroeconomic database

The Financial Times yesterday launched Analyse Africa, a new digital database aggregating verified African macroeconomic data from leading global sources.

Analyse Africa gives international professionals across fields access to more than 1.2 million African data records from leading global institutions including the World Bank Group, International Monetary Fund, United Nations and the World Economic Forum, says the FT.

All data is quality checked by a team of economists, and trend changes are highlighted and explained. Data categories include banking & finance, economic potential, education, environment, foreign direct investment, infrastructure, labour, political stability, social dynamics and trade.

Ben Hughes, FT’s global commercial director and deputy CEO, said: “Sound information is imperative to tapping into Africa’s massive growth potential by identifying opportunity and minimising risk. Analyse Africa anticipates the needs of professionals by providing validated economic insight for financial service organisations, corporations, government agencies, multilaterals, consultancies and research and academic institutions worldwide.”

Adrienne Klasa, executive editor for This is Africa, said: “Analyse Africa puts verified, cross-referenced data from credible sources at your fingertips at a time when more businesses and investors are looking at the region with interest. While data on Africa can often be scattered or unreliable, this tool brings it all together, providing users with the best information available to underpin decision-making.”