Fluctuations in oil prices have almost spelt catastrophe for Nigeria over the past year. The future of the country's oil industry now looks more secure, but the lessons of the past year have emphasised how important it is for Nigeria to strengthen its non-oil economy. Writer Daniel Maalo
Africa
Latest articles from Africa
The oil boost is timely for Ghana
July 6, 2010Ghana's entry into the club of African oil producers has placed its economy in the spotlight, with revenues from its up-and-coming oil industry expected to address the country's fiscal deficit. Writer Daniel Maalo
State of the union
July 6, 2010Dr Temitope Oshikoya, director-general of WAMI
West Africa's second monetary union project remains years behind its original schedule but recent progress towards convergence and the accession of a sixth member state have provided it with some much-needed momentum. Writer Daniel Maalo
South African banks in limbo
May 28, 2010South Africa's authorities are hesitating over proposals to cut bank charges and open up the payments system to non-bank providers, causing frustration and paralysis. Writer Michael Imeson
Treasure seekers
May 5, 2010Côte d'Ivoire's huge unbanked population makes the country an attractive target for both local and foreign banks. With the west African nation's banking sector on the verge of a consolidation process, those left standing will be well placed to tap into this enormous potential. Writer Nick Kochan
A thoroughly modern exchange
May 5, 2010Although the Bourse Regionale des Valeurs Mobilieres may only boast a limited number of quoted companies at present, it is fully up to date with the latest technology and legislation, which is likely to attract growing interest going forward. Writer Nick Kochan
BCEAO works to recapitalise region's banks
May 5, 2010The governor of the Banque Centrale des États de l'Afrique de l'Ouest, Philippe-Henri Dacoury-Tabley, outlines his monetary policy to increase capital and maintain stable inflation levels. Writer Nick Kochan
Côte d'Ivoire's reforms make headway
May 5, 2010Côte d'Ivoire's minister for economy and finance, Charles Koffi Diby, has effectively steered the country through the global credit crisis and, as he tells The Banker, his reform policies are beginning to bear fruit. Writer Nick Kochan
The elephant stirs
May 5, 2010The optimism over Côte d'Ivoire's economic prospects is well placed. Despite continued political instability, inflation is being kept in check, the economy is growing and the restructuring of the country's debt has been widely praised. Writer Nick Kochan
Egyptian stock market shows strong growth
May 5, 2010With the Egyptian stock exchange on a high, the EGX chairman, Maged Shakey, explains what is behind its new-found energy. Writer Daniel Maalo