The heightened M&A activity in sub-Saharan Africa is garnering enthusiasm over the potential creation of a leaner, fitter and more adaptable banking sector across the region.
Africa
Latest articles from Africa
AI in Africa: a different kind of intelligence
February 1, 2019AI has still to make its presence felt in Africa's banking sector, but brings with it opportunities to bank the unbanked and engage with the continent's youthful population. However, as Kit Gillet reports, Africa's unique needs mean achieving these goals is not straightforward.
Political stability could boost resurgent profits for DRC banks
January 31, 2019Signs of increasing political stability would be good news for the economy in the Democratic Republic of Congo and its banking sector, which has huge scope for growth. Kat Van Hoof reports.
Rogério Zandamela: Restructuring Mozambique for a post-debt crisis revival
January 2, 2019Rogério Zandamela, a former senior IMF official and now the governor of Mozambique’s central bank, talks to Peter Wise about repairing the damage inflicted by the country's debt crisis, upgrading its banking regulation and the prospects for an economy about to tap huge natural gas resources.
John Rwangombwa: Delivering Rwanda's digital-driven economy, where everyone is a winner
January 2, 2019Rwandan central bank governor John Rwangombwa explains how the government's drive to achieve a cashless society will benefit all levels of society by expanding financial inclusivity, increasing tax revenues and boosting grassroots businesses.
Mixed results for Africa’s largest banking sectors
December 3, 2018South Africa is the profit powerhouse among the Africa’s major banking sectors, with Nigeria close on its heels. However, both Kenya and Egypt saw profits fall in 2017.
CIB chief steers Standard Chartered into calmer waters
November 1, 2018As measures to manage risk and credit quality pay off, Standard Chartered’s CIB chief, Simon Cooper, is in a bullish mood.
Challenges persist for Egyptian lenders
October 23, 2018Since the revolution in 2011, the top Egyptian banks have been steadily strengthening their balance sheets. However, 2017 was not kind to the country’s two largest banks.
Mozambique's banks swim against the tide
October 1, 2018Banks in Mozambique are finding ways to thrive amid a period of low economic growth. Peter Wise looks at how they are remaining profitable in such an environment.
Mozambique’s economy awaits a gas-powered revival
October 1, 2018While waiting for its liquid natural gas projects to start paying off, Mozambique continues to fight a budget deficit and political instability. Peter Wise reports.