With the recent election of reformist prime minister Abiy Ahmed Ali, Ethiopia’s economy is set to liberalise after 27 years of state monopoly, opening up one of Africa’s fastest growing and underbanked markets to foreign investors. Charles Wachira reports.
Africa
Latest articles from Africa
CIB positions itself at forefront of banking's tech revolution
October 1, 2018Egypt’s Commercial International Bank is one of the Middle East and north Africa region's star performers when it comes to returns on assets and capital. James King speaks to the bank's managing director, Hisham Ezz Al-Arab, to discover the secret behind its success.
Top five South African banks
September 25, 2018South Africa’s top lenders strengthened their balance sheets in 2017, but are now entangled in a corruption inquiry. Joy Macknight reports.
Angola banks maintain profitability amid hopes of speedier reforms
September 3, 2018Angola knows it must diversify away from oil and is lucky to have alternative possibilities waiting in the wings. But it is slow going, say the country's banks.
Angola finance minister forecasts imminent return to growth
September 3, 2018Angola’s finance minister talks to Peter Wise about diversifying the economy away from oil, tackling a shortage of foreign exchange and lifting economic growth.
Can Angola’s new business-friendly government kick-start the economy?
September 3, 2018Change is coming to Angola’s formerly state-focused economy, including anti-corruption and pro-business measures.
Ecobank puts Africa on the digital map
August 31, 2018Ecobank's CEO tells The Banker how an appetite for digital and fintech-related solutions is bringing widespread benefits to Africa.
Why are Africa's banks failing female entrepreneurs?
August 1, 2018Female entrepreneurs in Africa are proving to be both successful and reliable. So why are they so frequently being failed by banks across the continent when it comes to financing their businesses? James King investigates.
West Africa stock market heads regional integration push
July 4, 2018The BRVM, the shared stock exchange for the eight West African Economic and Monetary Union states, is the world’s only unified and regionally integrated bourse. Though it faces several challenges it is ideally placed to lead the further integration of Africa’s stock exchanges, as James King discovers.
Top 1000 World Banks - South African banks lead a recovering African sector
July 2, 2018Africa’s slow but steady recovery is shown in the 2018 statistics, with Standard Bank once more topping the rankings. James King reports.