Methodology

Pivot57 applies a single analytical framework across African markets.

Inputs are standardized, transformed, and scored within one structure. A view formed in one market can be tested against another without recalibration.

The framework is applied to twelve markets representing the majority of institutional capital flows to Africa:

• West Africa: Nigeria, Ghana, Côte d’Ivoire, Senegal
• East Africa: Kenya, Tanzania, Uganda, Rwanda, Ethiopia
• North Africa: Egypt, Morocco
• Southern Africa: South Africa

Coverage is reviewed periodically. Markets are added only when data integrity meets the Platform’s standard for comparability.

Indicators are organized into six dimensions:

• Growth and real economy
• Inflation and monetary conditions
• Liquidity and credit
• External balance and FX
• Fiscal position and sovereign risk
• Capital flows and market access

Each indicator is defined once, normalized to a common scale, and applied across markets. Directionality is explicit.

Composite scores are derived from underlying indicators using a defined weighting structure maintained and reviewed on a regular cadence.

• Scores are expressed on a standardized scale
• Extreme values are bounded to limit distortion from outliers
• Score changes reflect underlying data, not changes in methodology

Scores support comparison and signal detection. They are not forecasts.

The same definitions, transformations, and weights are applied across all markets.

• No country-specific recalibration
• No discretionary adjustments
• Data corrections, including restatements and redenominations, follow a defined process

Score differences reflect underlying conditions, not measurement differences.

Inputs are drawn from official sources where available, including central banks, national statistics offices, finance ministries, and multilateral institutions.

Where direct data is unavailable or delayed, defined proxies are used.

Source hierarchy is defined, with official sources taking precedence.

Inputs are integrated at three frequencies:

• High-frequency indicators refreshed intraday
• Monthly indicators refreshed following release
• Quarterly indicators refreshed following release

Scores reflect complete updates at each frequency.

The Platform is an analytical tool. It is not investment advice and not a forecast.

Scores inform analysis and decision-making by investors, development finance institutions, consultants, policy teams, and other institutional and professional users. They do not replace the judgment of those users.

• Data availability and release timing vary across markets
• Certain indicators rely on defined proxies
• Methodology changes by source agencies may create discontinuities