Sub-Saharan Africa’s banking markets are buzzing with merger and acquisition (M&A) activity as a combination of regulatory changes and attractive business opportunities stirs up the region’s financial services landscape.
From Ghana to Angola to Kenya, a number of the continent’s biggest banking markets are being shaken up. The consequences could be positive: larger banks are emerging with the clout to support big-ticket projects and improve efforts to foster financial inclusion. Weaker institutions are disappearing from the map, leaving behind stronger and more resilient banking systems better able to weather the uncertainties of the future.
