Investment into Africa has usually been the preserve of developed world firms seeking extra yield for their portfolios. However, in the past few years more and more money has been poured into African projects by local investors as African wealth increases.
Latest articles from Africa
Africa's regional payments systems, such as Siress, are flourishing and are expected to play a growing role in the continent's economic growth, particularly as intra-African trade picks up.
The difficulties of the South African economy are reflected in its banks' performances in the 2015 Top 1000 ranking, but elsewhere there is good news for Togo's Ecobank and First Bank of Nigeria.
Alternative assets are the name of the game for Angola's sovereign wealth fund, as it steps in where local banks fear to tread.
Angola has big potential as a visitor destination, and as a sector, tourism could be a driver of non-oil growth and jobs. But high costs and red tape are deterring overseas visitors and the country needs to work harder to deliver on its ambitions.
The Angolan banking sector has been hit hard by the oil price slump, adding to concerns about systemic loan book weakness. However, a tough new asset quality review should improve matters, as should the expansion of the country's capital markets.
Angola's failure to diversify away from oil has led to faltering growth in what has been in recent years one of Africa's best-performing economies. Though the government is managing the crisis better than in previous years, the currency remains unstable and access to foreign currency is in short supply.
In the ranking of African financial centres, Johannesburg is the leading destination for FDI inflows, while Casablanca leads the way in terms of outflows.
Regional payments systems will help bolster Africa's developing financial infrastructure.
Please select an area to explore
Most popular content