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 Zambia
Zambia's fresh ambition
Rupiah Banda, the new president of Zambia talks about his vision for transforming the southern African state's economy in the light of a severe economic downturn. Writer Charlie Corbett in Cape Town
Obstacles and optimism
As the rest of Africa ponders how to feed its inhabitants in the next few years, Zambia’s finance minister Ng’andu Magande tells Charlie Corbett that there is no food crisis in his country – but there are other obstacles to future prosperity.
Opportunity knocks
A stable economy and growing middle class is attracting international banks to Zambia. However, the greatest reward will come to whoever taps into the country’s 10 million unbanked inhabitants. Gill Baker reports.
Don’t tar all vultures with the same brush
The current Zambian case not withstanding, most distressed debt traders form a valuable part of the financial system.
Central Bank Governor of the year 2007
The Banker heralds the world’s best central bank governors who have stuck to their guns when under fire, whether it be encouraging diversification, controlling inflation or fighting off the governmental propensity for meddling.
Strong mandate fuels efforts for credit rating
With the election passed, and the incumbent President Levy Mwanawasa re-elected, Zambia eyes a possible international bond debut. James Eedes reports.
Gulf gets a retail boost
While Gulf banks enjoy strong results, banks in non-oil countries have seen a drop in their profits. Stephen Timewell reports.
Bulls in a tight economy
It is a wonder that Zambia’s banks survive, let alone make money, in a country where running costs are high, reports Gill Baker .
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