Latest articles from Africa

Tunisia central bank

Tunisian banks on shaky ground as economic woes continue

November 25, 2021

The north African country faced numerous challenges long before Covid-19 struck, but the path to much-needed reforms is a difficult one.

ROE dips at Ghanaian banks

November 12, 2021

Despite the Covid-19 pandemic, return on equity remains above 20% at three of the country’s four largest banks.

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fintech in africa

Leapfrog and scale: the rise of fintech in Africa

November 4, 2021

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.

Double whammy hurts Nigerian banks’ ROE

October 15, 2021

Access Bank, the country’s largest lender by total assets, saw ROE fall from 16% in 2019 to 14.1% in 2020.

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NPL upward trend continues at Kenyan banks

October 14, 2021

KCB Group, the country’s largest lender by Tier 1 capital, saw its non-performing loan ratio rise to 15% in 2020.

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Moroccan banks take stock of ROE tumble

October 5, 2021

The country’s largest lender, Attijariwafa Bank, saw return on equity drop to 6.8% last year from 12.9% in 2019.

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first bank nigeria

The Banker’s Top 100 African Banks 2021

October 4, 2021

Nigeria and Egypt make a strong showing in this year’s Top 100 African Banks ranking. 

sergio pimenta

Africa's pressing need to boost vaccine production

October 1, 2021

The private sector has a defining role to play in ramping up vaccine production across the continent.

Egyptian banks boost Tier 1 capital

September 28, 2021

Banque Misr saw an 84% increase in Tier 1 capital last year amid a limited economic impact of Covid-19 compared with other countries. 

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Kigali and Lagos added to financial centre index

September 28, 2021

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.