Prospects 2016
Africa
![Nigeria's President Muhammadu Buhari (Reuters/Afolabi Sotunde) Nigeria's President Muhammadu Buhari (Reuters/Afolabi Sotunde)](https://g.oxan.com/analysis/DB203242/2015-09-09(1)_350.jpg)
Africa
Global market volatility and low commodity prices are steadily raising the region's risk profile
![A bureau de change operator counts US currency notes in Abuja, Nigeria (Reuters/Afolabi Sotunde) A bureau de change operator counts US currency notes in Abuja, Nigeria (Reuters/Afolabi Sotunde)](https://g.oxan.com/analysis/DB206436/2015-11-05(6)_350.jpg)
Africa's economies
African states will struggle to defend their currencies and domestic buffers amidst hostile external conditions
East Africa, Great Lakes, Horn
The fallout from controversial presidential term limits will be one of next year's defining features
West Africa
Several countries face fraught election seasons next year; others will proceed on ambitious development programmes
Southern Africa
Challenges posed by waning economic growth raise the stakes for the many elections scheduled for next year
Nigeria
Next year is critical for the administration to prove that its reformist policies can work in testing economic times