Latest articles from Africa

Sim Tshabalala

Standard Bank’s new leaders look to Africa and continuity

September 2, 2013

Sim Tshabalala, the recently appointed co-chief executive of South Africa’s Standard Bank, tells Paul Wallace about his plans to grow in Africa and connect the region to the world’s investors. He also explains why replacing Jacko Maree with joint CEOs was the right decision. 

African companies look abroad to list

Africa’s companies turn to foreign exchanges

September 2, 2013

In the past three years, international equity issuance from African companies has outpaced listings on the continent. This trend looks set to continue for the time being, thanks to the small size of most African exchanges and global investors’ increasing appetite for exposure to the continent.

Miguel Azevedo

Citi eyes African investment banking riches

August 1, 2013

Africa might still account for only a small amount of investment banking activity globally, but the business it generates is only set to rise, according to Citi’s Miguel Azevedo. He talks to Paul Wallace about the continent’s exciting prospects and which sectors hold the most promise.

Ghanaian cedi

Ghanaian banks bet on the long term

August 1, 2013

Ghana’s banking industry is buoyant, benefiting handsomely from huge leaps in the country’s economic growth. But with fears the economy is overheating and competition for business fierce, what is the longer-term outlook for Ghana's banks?

Nizar Baraka firm but fair

Morocco's finance minister is firm but fair

August 1, 2013

Morocco’s government has managed to steer the country clear of political and economic turbulence. But, as its minister of finance and the economy explains, tough choices need to be taken to keep the country firmly on the path to growth.

Africas next banking hub

Mauritius: Africa’s next banking hub?

August 1, 2013

Mauritian banks have navigated the country’s economic slowdown well by growing their local loan books as well as their overseas operations. And the latter have been boosted by Africa’s economic buoyancy, which bankers say Mauritius should exploit to become a hub for investments into the continent.

China leads FDI charge into emerging economies

August 1, 2013

Foreign direct investment into financial services in certain emerging economies is raising eyebrows, spearheaded by China’s appetite for the South American market. 

Standard Chartered ups Africa game

Standard Chartered pushes further into Africa

July 1, 2013

Standard Chartered already has one of the largest African businesses among banks from outside the continent, but it still wants to increase its operations there substantially in the next few years. Diana Layfield, its chief executive for Africa, tells Paul Wallace how.

Seth Terkper, Ghana's finance minister

Ghana finance minister looks to regain fiscal credibility

July 1, 2013

Ghana has a rapidly growing economy and can count itself as one of Africa’s most mature democracies. But the credibility of its fiscal management was badly damaged last year when it posted a huge budget deficit. Seth Terkper, its minister of finance and economic planning, tells Paul Wallace how he plans to cut it.

South Africans slump while the rest of Africa rises

July 1, 2013

South Africa's lenders still dominate Africa's banking landscape, but their sluggish 2012 means that the rest are making up ground.

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