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Latest articles from Africa

Sarah Alade teaser

Central Bank of Nigeria deputy governor looks to kick-start growth

October 1, 2016

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.

Godwin Emefiele teaser

Nigeria's central bank governor: unorthodox and optimistic

October 1, 2016

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.

First Bank of Nigeria teaser

Nigeria's big banks defy country's economic difficulties

October 1, 2016

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.

Better integration will move mobile money up the value chain

September 26, 2016

Mobile money accounts are growing in numbers but a large proportion of them remain dormant. More must be done to integrate the e-wallet model with conventional payment systems.

Mozambique teaser

Resilient Mozambique banks stay on investors' radar

September 1, 2016

Healthy growth figures and low NPLs are giving Mozambique's banks optimism that they can weather the country's cooling economic climate. It is a view shared by foreign investors who have an eye on its strong long-term prospects, as James King reports.

Maputo harbour teaser

Beyond the bad news: Mozambique maintains investment pull

September 1, 2016

A series of worrying headlines regarding Mozambique's bond activity and overall economic performance do not portray a country ripe for investment, but factors such as a huge natural gas discovery mean the mood within Maputo and beyond is one of optimism. James King reports.

Anadarko teaser

Energy finds fuel hopes of a Mozambique boom

September 1, 2016

Boasting major gas discoveries, Mozambique is nursing ambitions to become both a regional energy hub and a key exporter to Asia. But the government must act fast to attract investment in an increasingly competitive market, writes James King.

Africa's microfinance revolution

August 1, 2016

Technological advances are enabling microfinance providers in Africa to find new ways of doing more business at a lower cost. This, combined with a wave of fintech developments in this sector across the region, is transforming the continent's banking landscape. James King reports.

Hisham Ezz Al-Arab

CIB looks to increase Egypt's financial inclusion

August 1, 2016

Commercial International Bank’s digital innovations fit into the Egyptian government’s strategy of financial inclusiveness. James King looks at how the bank is making them work.

Angola faces challenges on road to reform

July 1, 2016

Post-conflict Angola is seeking to move away from its dependency on oil revenues and develop its other plentiful resources. However, the route is littered with challenges such as long-standing corruption, burgeoning red tape and social inequality, all of which are likely to hinder the government's progress. James King reports.