Burkina Faso, Mali and Niger’s economies will suffer following their withdrawal from the economic bloc, and are a blow to attempts to contain Islamist violence in the Sahel region
Africa
Latest articles from Africa
Overhaul of debt restructure mechanisms can’t come quickly enough for Africa
January 22, 2024GDP growth has not kept pace with population increases, warns the World Bank, with economic development squeezed by high debt levels.
The small green solution to Africa’s big electricity problem
January 17, 2024Small-scale solar deployments have been instrumental in improving energy access and security across the continent. Consolidation in the market is set to attract increased attention from mainstream investors.
Dorothy Maseke: Unlocking Africa’s natural capital
January 2, 2024How can financial authorities protect the value that underpins all human activity, nature? Dorothy Maseke, head of the African Natural Capital Alliance, outlines how Africa is rolling out nature-related disclosures.
‘Lenders need to be smart in their underwriting processes’ for African SMEs
December 14, 2023Mustafa Rawji, CEO of Rawbank, talks to John Everington about the outlook for the bank’s home market of the Democratic Republic of Congo, strategies for sustainable lending to the country’s CEOs, and the nascent bancassurance market.
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Bank of the Year 2023 Africa winner – UBA
December 4, 2023The general managing director and CEO of the UBA Group talks about the banking group’s strategic priorities for 2024 and the next phase of digitalisation of financial services in Africa.
‘Don’t waste a crisis’: Ghana’s road to recovery
November 29, 2023The first deputy governor of the Bank of Ghana and the CEO of Development Bank Ghana share their plans to steer the west African country out of its ongoing economic crisis.
Ethiopia finalises banking liberalisation rules as foreign currency challenges mount
November 27, 2023Mamo Mihretu, governor of the National Bank of Ethiopia, talks about progress on the country’s debt restructuring talks, the fight against inflation and plans to encourage foreign investment in the country.
Wale Edun: macroeconomic reform in Nigeria 'not always a straight line'
November 20, 2023Nigeria’s minister of finance and co-ordinating minister of the economy spoke last week with John Everington on stage at the Africa Financial Industry Summit in Togo.
The IFC’s new approach to international development
October 30, 2023Makhtar Diop, managing director of the World Bank’s International Finance Corporation, speaks about the implications of the recent partnership agreement signed with other multilateral development banks.