Latest articles from Africa

African payments system
From World / Africa

Connecting a continent: the rise of Africa's payment systems

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.

From World / Africa

Top 1000 World Banks – Struggling South Africa still out in front in Africa

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.

From World / Africa / Angola

Angola's sovereign wealth fund expands its horizons

Alternative assets are the name of the game for Angola's sovereign wealth fund, as it steps in where local banks fear to tread.

Can Angola weather the oil price storm
From World / Africa / Angola

Can Angola weather the oil price storm?

Angola’s steady story of economic growth has been badly disrupted by the global collapse in oil prices. Can the 'ultimate petrostate' weather the storm?

Angola is struggling to realise its tourism potential
From World / Africa / Angola

Holidays on hold: why Angola is struggling to realise its tourism potential

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 spark amid a slump
From World / Africa / Angola

The spark amid a slump: Will Angola's banks emerge from oil price dip stronger?

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.

Angolan economy stalls as dependence on oil continues
From World / Africa / Angola

Angolan economy stalls as dependence on oil continues

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. 

From World / Africa

Johannesburg is top African financial hub

In the ranking of African financial centres, Johannesburg is the leading destination for FDI inflows, while Casablanca leads the way in terms of outflows. 

From World / Africa

Boosting business, African style

Regional payments systems will help bolster Africa's developing financial infrastructure.  

Stable and spreading
From World / Africa / Morocco

Stable and spreading: Morocco's banks make their presence felt

Home to some of Africa's largest banks, Morocco has weathered both the financial crisis and regional political upheaval. Now its financial institutions are beginning to extend their reach into the rest of the continent.

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