African banks are increasingly looking outside of their domestic markets, and many of the continent's biggest lenders are now active in multiple countries, buoyed by greater access to vast unbanked populations and a more stable political environment.
Latest articles from Sudan
Kenyan banks in scramble for South Sudan
Kenya’s banks have been quick to move into newly independent South Sudan. Although the country is one of the world’s poorest and its infrastructure dire, the opportunities for banking over the next decade are immense, many Kenyan bankers believe, and their efforts are already paying off.
Harsh reality hits South Sudan
Conflict, corruption and too many failed businesses left it with a sclerotic banking sector with little appetite for risk, but South Sudan hopes its status as a newly created nation state will encourage investors to rethink their approach to an economy that hopes to underpin its regeneration with its rich reserves of oil.
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