Latest articles from Africa

Bank of the Year Awards 2013

Rising interest spreads for African banks

November 20, 2013
Rising interest spreads for African banks Teaser

A majority of African banks were able to increase their interest rate spreads in 2012, but high inflation tends to be a major factor for the top performers.

Split down the middle: Namibia has a strong economy and is rich in natural resources, yet poverty remains a significant problem as does unemployment

Namibia pins its hopes on uranium and diversification

November 1, 2013

Namibia has managed to overcome the worst of the global economic slump, while a huge new uranium mine could boost its growth greatly in the next few years. But the country still has plenty to do to tackle its most pressing social issues. 

Old lessons help EBRD strengthen future prospects

Old lessons help EBRD strengthen future prospects

November 1, 2013

The European Bank for Reconstruction and Development's managing director for the southern and eastern Mediterranean region, Hildegard Gacek, explains how expertise and past experience are now enabling the EBRD to assist Egypt, Morocco, Jordan and Tunisia through a period of great economic and political change.

Namibias banks tackle exclusivity

Namibia’s banks tackle exclusivity

November 1, 2013

Namibia’s banks are among the most sophisticated and safest in Africa, but they are coming under increasing pressure to service the country's unbanked population and small businesses. 

Thierry Tanoh

Ecobank chief executive looks to the future

November 1, 2013

Ecobank has been hurt recently by several allegations concerning its corporate governance. But Thierry Tanoh, its chief executive, insists it has done nothing wrong. He also explains why the pan-African lender represents a unique investment opportunity. 

Too many banks in Africa

October 28, 2013

Africa's central banks need to gradually raise capital requirements to reduce the number of banks that are too small to succeed.

Emerging markets look to SWFs for stability

October 1, 2013

A new generation of sovereign wealth funds – from resource-rich economies in Africa and Latin America – has emerged over the past few years. While these new funds are still relatively small, their impact could be sizable if they enable their source countries to secure stable economic growth and mitigate future risks associated with the booms and busts of the commodity cycle.

Alpha Condé and Kerfalla Yansané

Guinea looks to meet challenges of modernisation

October 1, 2013

Guinea's austerity measures have not proven popular with the country's army and civil service, but have impressed the IMF and other international observers. Its president and finance minister explain the challenges they have met in rebuilding the newly democratic country, and how they intend to turn it into a resource-based African powerhouse.

Abdusalam Omer

The toughest central banking job in the world?

October 1, 2013

Somalia’s central bank governor has to create a financial system virtually from scratch. But, as Paul Wallace writes, there is no shortage of foreign and local investors wanting to establish banks in the country, which seems to be on the mend for the first time in two decades.

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