Latest articles from Africa

africa fintech

A fintech boom blossoming in Africa

January 4, 2022

Many in the global investment community are looking at Africa as the future of fintech.

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Financing the digital foundations of the future economy

January 4, 2022

Digital connectivity is at the heart of the modern economy and will play an even greater role in the future. Digital infrastructure, and its financing, has a crucial role in supporting that future. 

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Rania Al-Mashat: Inclusive multilateralism in action

December 30, 2021

From principle to practice, Egypt's minister of international co-operation outlines how to design a common agenda to deliver an effective model for inclusive partnerships.

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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.