Economic, stocks and markets forecast for 2023

While most of the forecasts predict tougher economic conditions in 2023, that doesn’t mean there will be no profits to be made for investors – whether in stock markets or on the mergers and acquisitions market. If a recession occurs, it won’t necessarily mean that investors will be unable to profit – they will just have to work that bit harder to find them.

US investment bank JPMorgan says M&A activity in Sub-Saharan Africa is likely to top USD100bn in 2023, the same level as 2022 and slightly down on 2021. Though not everybody is sanguine that the Africa Continental Free Trade Area agreement will deliver on its rather over-sold promises it may yet serve to bolster foreign investment in Africa.

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