The continent’s transition away from fossil fuels is fraught with difficulty, not least if the overall aim is both a cleaner and fairer future.
The financial sector has a critical role to play in supporting positive environmental, social and economic outcomes across the continent.
CEO and co-founder of MNT-Halan talks to The Banker about the drivers behind the growth of digital financial services in Egypt.
What is the balance sheet after one year of the Africa Continental Free Trade Area agreement?
On the first anniversary of the African Continental Free Trade Area, it is important to assess progress made and challenges to still overcome.
Many in the global investment community are looking at Africa as the future of fintech.
Digital connectivity is at the heart of the modern economy and will play an even greater role in the future. Digital infrastructure, and its financing, has a crucial role in supporting that future.
From principle to practice, Egypt's minister of international co-operation outlines how to design a common agenda to deliver an effective model for inclusive partnerships.
The north African country faced numerous challenges long before Covid-19 struck, but the path to much-needed reforms is a difficult one.
Despite the Covid-19 pandemic, return on equity remains above 20% at three of the country’s four largest banks.
Fintech investments on the African continent exceeded $1.35bn last year. The question now is whether a lack of incumbent legacy systems can help propel the sector further.
Access Bank, the country’s largest lender by total assets, saw ROE fall from 16% in 2019 to 14.1% in 2020.
KCB Group, the country’s largest lender by Tier 1 capital, saw its non-performing loan ratio rise to 15% in 2020.
The country’s largest lender, Attijariwafa Bank, saw return on equity drop to 6.8% last year from 12.9% in 2019.
Nigeria and Egypt make a strong showing in this year’s Top 100 African Banks ranking.
The private sector has a defining role to play in ramping up vaccine production across the continent.
Banque Misr saw an 84% increase in Tier 1 capital last year amid a limited economic impact of Covid-19 compared with other countries.
While there was not much change at the top of the 30th edition of the Global Financial Centres Index, two African centres join the ranks for the first time.
Investec topped the South Africa performance rankings and climbed up 63 places in the overall Top 1000 ranking. Its ‘Big Four’ peers fared less well.
Nigeria’s banks have had a tough year, as the economy hit a two-decade low.