Latest articles from Africa

Deals of the Year 2016

Deals of the Year 2016 – Africa

May 3, 2016

Just as the global markets show signs of a meaningful post-crisis recovery, major global events set things back again. But against a backdrop of tensions in Russia, a slowdown in China, the Syrian refugee crisis in Europe and the oil price hitting a historic low, a number of companies and banks have managed to churn out stellar deals. The Banker recognises them in 2016’s Deals of the Year awards.

A glimmer of light for South Africa

Is the worst over for South Africa's spluttering economy?

May 2, 2016

At first glance, South Africa is in a position of near-crisis. Its economic growth is sluggish, its government is making a series of unpopular decisions, and a severe drought is denting its agricultural output. However, the private sect seems to approve of the country's new finance minister, and the rand is showing signs of stability. So is there cause for optimism? James King investigates.

Staying ahead of the slump

South Africa's banks stay ahead of the slump

May 2, 2016

Though South Africa's economy is cooling, its banks are continuing to perform strongly. For some, growth is coming from operations elsewhere in Africa, while for others its is stemming from the domestic market. James King looks at the strategies being employed to keep the country's lenders buoyant in a slow-growth environment.

east Africa's infrastructure gap

Who will fund east Africa's infrastructure shortfall?

May 2, 2016

Although infrastructure across the continent is crying out for investment, the pro-business environment in east Africa makes the region particularly attractive for lenders. However, the challenge for both local and international banks is finding well-structured and bankable deals, as James King discovers.

Suma Chakrabarti

EBRD president celebrates 25 years of development

May 2, 2016

As the European Bank for Reconstruction and Development celebrates its silver anniversary, president Suma Chakrabarti tells Stefanie Linhardt why the bank is looking south to the Mediterranean and beyond in search of new opportunities.

Filling east Africas infrastructure gap

Kenyan banks' east African expansion raise supervisory concerns

May 2, 2016

As trade and co-operation has increased across east Africa, so has cross-border banking, with Kenyan lenders leading the way. But although this move is spreading new technologies and services while increasing competition, are there sufficient supervisory structures in place? James King investigates.

Lesetja Kganyago

South Africa's CBG takes price stability route out of difficulties

May 2, 2016

The governor of the South African Reserve Bank, Lesetja Kganyago, tells James King about efforts to combat rising inflation and the impact of a devastating drought on the country’s economic outlook.

BLM-Kenya

Kenya struggles to find banking consolidation consensus

March 1, 2016

Kenya plays host to some of Africa's more established pan-regional banks, but with 41 lenders active in the country many claim that it is overbanked. Attempts are being made to increase capital requirements and suspend any new licences with the intention of kick-starting a consolidation drive, but those who oppose such measures are making their presence felt.

GET-EcobankMEAMandAteaser

Middle East and Africa banks retain M&A allure

March 1, 2016

The high levels of merger and acquisition activity seen in the Middle East and Africa banking sector – from both overseas names and domestic companies – shows that the economic and political turbulence much of the region has experienced in recent years has not dampened investors' appetites.

BLM-Lagos_fin_district

Nigeria's banks rethink African expansion plans

March 1, 2016

Economic problems at home and lower profits elsewhere in Africa mean Nigerian banks are having to revisit their strategies for growth across the continent, but what will be the consequences for the countries that they are winding down in or even exiting from?

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