Banks across the Arab world continue to perform well despite the turbulent political environment, according to The Banker’s Top 100 Arab banks ranking.
Latest articles from Africa
The speed with which Egypt completed its Suez Canal expansion has given observers confidence that the country’s ambitious SCZone plan really could become the economic powerhouse the government envisions.
Nigeria's economic growth has slowed over the past year, and delays in naming a cabinet by new president Muhammadu Buhari are doing little to restore confidence in the country. However, the long-term prospects for Africa's largest economy remain strong.
Egypt's recovery from a period of economic, social and political upheaval is now well under way and, says minister of finance Hany Kadry Dimian, a new fiscal policy is playing a key role within this comeback, while also ensuring that all sections of society feel its benefits.
Mauritius' reputation as a well regulated, safe destination for banking and business has suffered during recent corruption scandals, but such is the country's strong reputation that these events do not seem to have adversely affected its ambitions to become an international financial centre.
A move from tourism and textiles to financial services, a focus on Asia and Africa instead of Europe, and the election of a new business-friendly government have seen Mauritius' economy change direction in recent years. And the early signs are that these shifts are paying off.
The finance minister of Mauritius' belief that the country is at a crossroads is driving his efforts to revive its economy by recreating it with an emphasis on the services sector and the 'ocean economy'. He updates James King on the progress of these plans.
China's One Belt, One Road initiative – building a new Silk Road between western Europe and China's east coast as well as improving the Maritime Silk Road – will be a major game changer for international trade. Stefania Palma assesses its possible impact.
Mauritius' central bank governor discusses the challenges that he faces, including the volatility of exchange rates and high leverage ratios within some of the country’s corporates.
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