Only one-quarter of the top 20 African banks showed an increase in Tier 1 capital in the The Banker's rankings, as the continent suffered a combination of currency volatility, low commodity prices and political instability. James King reports.
Latest articles from James King
Nigeria’s strategy for regenerating its flagging economy centres on partnering with the private sector to drive sectors such as manufacturing, textiles and agriculture.
Banks that do business with Iran should bear in mind the legal, political, financial and reputational risks to both the company and its employees.
How to find cheap, sustainable and non-polluting forms of energy is an ongoing challenge for global leaders, who have also to contend with climate change, decarbonisation and political insularity. James King looks at what the future holds within the market.
Having tracked the development of Islamic finance for a decade, the latest results in the The Banker's Top Islamic Financial Institutions ranking for 2016 reveal a sector that has enjoyed admirable growth compared with its conventional peers. James King reports.
The United Arab Emirates minister of state for international co-operation, who is also the director-general of Expo 2020 Dubai, assesses the potential of this mega-event to engineer an economic and business boost for the entire Middle East, Africa and south Asia region.
Nigeria was once feted as Africa's leading economy. However, attacks on its oil infrastructure and a dollar liquidity crunch have pushed it into recession. But the government is determined to push through strategies that will revive this regional powerhouse, as James King reports.
Dr Sarah Alade, deputy governor, economic policy directorate, at the Central Bank of Nigeria, talks to James King about the measures the central bank is taking to boost foreign exchange, how it is mitigating Nigeria's risk from exposure to oil and why the effect of a US rate hike would be muted.
Nigeria's central bank governor, Godwin Emefiele, tells James King that his economic policies, which some have blamed for a decline in manufacturing in the country, encourage foreign exchange flows and improve transparency, and thus investor confidence.
As falling oil prices and rebel activity continue to weaken Nigeria’s economy, the strength of its systemically important larger banks is playing a vital role in keeping the country from a deeper recession, reports James King.