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Latest articles from Africa

Diamond Bank teaser

Access-Diamond market-driven merger brings boost to Nigeria

March 1, 2019

The merger of Access Bank and Diamond Bank in Nigeria represents a landmark for a number of reasons, not least because the deal was market driven and not forced through by the central bank. 

UT Bank teaser

Sub-Saharan African markets eye the benefits of consolidation

March 1, 2019

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. 

Standard Bank teaser

AI in Africa: a different kind of intelligence

February 1, 2019

AI 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, 2019
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Signs 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.

Rogerio Zandamela teaser

Rogério Zandamela: Restructuring Mozambique for a post-debt crisis revival

January 2, 2019

Rogério 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 teaser

John Rwangombwa: Delivering Rwanda's digital-driven economy, where everyone is a winner

January 2, 2019

Rwandan 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, 2018

South 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. 

Simon Cooper teaser

CIB chief steers Standard Chartered into calmer waters

November 1, 2018

As 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, 2018

Since 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. 

BCI teaser

Mozambique's banks swim against the tide

October 1, 2018

Banks 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.