Latest articles from Africa

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Rebalancing Egypt’s economy from public to private

April 1, 2021

Egypt needs to look beyond the public sector for future growth.

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CIB CEO bullish on Egypt's future

April 1, 2021

Hussein Abaza, Commercial International Bank’s chief executive, on the rise of fintech during the pandemic.

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Only lasting peace will guarantee lasting prosperity in Africa

March 26, 2021

Africa is the world's most conflict-torn continent and this is having a direct impact on its economic growth. 

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Financial services FDI to South Africa surges despite pandemic

March 22, 2021

Total financial services capital investment into South Africa rose 41% last year, while Nigeria saw a 57% drop.

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Fintechs drawn to underdeveloped Middle East and Africa markets

March 1, 2021

Western Union is one of a number of major companies to seize digital opportunities in the underbanked Middle East and Africa regions.

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BGFIBank's turnaround mission for the DRC

March 1, 2021

Managing director Marlene Ngoyi on the challenges of the DRC’s large unbanked population.

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Kenya epicentre of busy M&A year for Africa

February 24, 2021

Leading banks expanded across the continent, while consolidation continued in overbanked countries.

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Credit risk tops Rwandan central bank’s priorities

February 22, 2021

The National Bank of Rwanda wants timely and accurate provisioning by lenders to avoid a cliff edge.

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Nigeria’s central bank clamps down on cryptocurrencies

February 18, 2021

CBN’s effort to force financial institutions to close cryptocurrency accounts has sparked angry backlash.

Nairobi bank

Kenya’s banks set for another bumpy year

February 15, 2021

Large government debt and vulnerability to external shocks could derail the banking sector’s recovery in 2021.