After minting a new currency design, Nigeria’s central bank has given the population just a few weeks until old notes are null and void. A difficult mix of positive and negative outcomes is exacerbating political rifts.
Africa
Latest articles from Africa
Africa’s great inflation challenge
December 22, 2022African authorities must make tough choices as they are confronted by surging prices.
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The Banker’s Year in Review 2022 – the ‘best bits’
December 20, 2022As we come to the end of this year, our editors look back on their own coverage for The Banker in 2022: Here are our ‘best bits’.
Africa’s localised approach to globalisation
November 23, 2022Improving internal processes will encourage external investment, writes the CEO of Absa International.
Digitisation finds its way to rural Africa
November 18, 2022Across the continent, cashew farmers – among those in a growing range of agricultural markets – are making use of blockchain to digitise their finances and track the numbers more effectively.
Africa’s climate change investment challenge
October 19, 2022Far-reaching structural reforms and massive investment in infrastructure and agriculture are required to ward off disaster in sub-Saharan Africa.
South Africa wrestles with inflation as energy sector sputters
October 5, 2022The continent's most industrialised economy continues to suffer from underinvestment and lingering corruption.
The Banker’s Top 100 African Banks 2022
October 1, 2022The continent’s largest banks returned to profitability in 2021, even as growth slowed in Egypt and Morocco, writes John Everington.
FATF threat hangs over South Africa’s banking sector
September 30, 2022The country’s lenders are in rude health, even as the threat of a greylisting by the FATF looms.
South Africa committed to key reforms, says deputy finance minister
September 27, 2022Deputy finance minister, David Masondo, discusses the overhaul of the country’s ailing energy sector and measures taken to reduce the risk of greylisting by FATF.