Latest articles from Africa

The funds to fix Libya

Will Libya's state-run financial institutions lead its revival?

March 1, 2012

After years of economic mismanagement, Libya's two key state financial institutions – the Libyan Foreign Bank and the country's sovereign wealth fund, the Libyan Investment Authority – are restructuring and carving out new strategies as the country wakes up to a new economic dawn.

Building work in Kigali, Rwanda

Rwandan banks seek to boost profitability amid high growth

March 1, 2012

Rwanda’s banks have benefited from the country’s rapid development since its genocide less than 20 years ago. With a high unbanked population and expectations of continued near double-digit economic growth, their rise is unlikely to slow soon. But the banks will have to boost their efficiency quickly if they want their profitability to match that of other east African lenders. 

Libyans play economic waiting game

March 1, 2012

Amid the celebrations to mark the first anniversary of Libya's revolution, strong economic leadership of the country is yet to emerge.

Kenyan mobile banks

Tech-savvy Kenyan banks set the template for financial inclusion

February 1, 2012

Kenya’s banks have proved themselves to be among Africa’s savviest and most innovative when it comes to tapping the unbanked market, which has helped them and their profits expand quickly in the past few years. And with a significant proportion of the market still unbanked, not to mention a relatively small number of mortgages in the country, there is still room for further growth.

What Kenya can teach the world about banking to the masses

February 1, 2012

The example set by Kenya's banks when it comes to not only reaching the unbanked, but also making a profit from them, is something that the rest of the world should look to emulate.

Latam banks lead the liquidity league

January 25, 2012
Top 10 central bank depositors, end-2010

Latin American banks dominate the rankings for deposits with the central bank, providing large liquidity cushions in their countries if needed.

Babatunde Fashola

The democratic and economic rewards of solving Africa's infrastructure deficit

January 3, 2012

Africa’s poor infrastructure has caused it to lag behind other emerging markets over the past few decades. And while better infrastructure is crucial for the continent’s economic development, it can also boost democracy and good governance.

Senegal protests

Senegal looks to preserve good habits as tense elections loom

January 3, 2012

Senegal has established itself as one of sub-Saharan Africa’s most sophisticated economies in the past decade. Lacking the natural resources prevalent in many of the continent’s other fast-growing countries, its pillars of growth have been political stability and prudent fiscal management. But next month’s elections will put its credentials to the test.

Jalloul Ayed

Tunisia's plan to make democracy work

January 3, 2012

After the Arab Spring uprisings, Tunisia's new democratically elected government has the task of attracting investment to the country and creating jobs for its youthful population. Its Jasmine Plan, which heavily involves the private sector, is intended to do just this.

Senegalbankingteaser

Senegal’s lenders prepare for expansion

January 3, 2012

Senegal’s banking system is one of Africa’s most competitive. Yet there is plenty of scope for its lenders to expand, thanks to fast economic growth and a large unbanked population. If this rise is managed carefully, Senegal will soon be firmly entrenched as the main banking hub in French-speaking west Africa.