The president of the European Bank for Reconstruction and Development talks about the bank’s role in promoting private-sector development in north Africa and the Levant following the Arab Spring.
Africa
Latest articles from Africa
Bank of the Year Awards 2014 – global and regional winners
November 28, 2014The best of the best are celebrated as The Banker crowns the global Bank of the Year, and hands out the laurels for our regional winners and the lender that has excelled the most when it comes to financial inclusion.
A coming of age for African project finance: Ghana's KIPP development
November 3, 2014Ghanaian independent power project sponsor Cenpower proved that African money can finance African private sector infrastructure initiatives by raising $900m in project finance to develop the Kpone Independent Power Plant.
South Africa will benefit from Africa’s rise
October 1, 2014South Africa’s growth has been sluggish of late but the country’s financial sector remains one of the world’s most sophisticated, while the government’s reforms are allowing businesses to tap into fast-growing markets in the rest of sub-Saharan Africa more easily.
Algeria struggles to adapt
October 1, 2014With oil and gas output diminishing, Algeria is desperate to diversify its economy and avoid a continued slide towards unsustainable fiscal deficits. The country’s political stability hinges on whether or not it succeeds.
Algeria’s private banks feel the state’s squeeze
October 1, 2014Algeria’s banking sector is one of the biggest in Africa, but it is also one of the most opaque and is dominated by state banks. Yet private lenders, all of which are foreign-owned, still find ways to operate profitably and many are wanting to expand.
Tanzania's mobile-fuelled banking revolution
October 1, 2014The development of mobile financial services in Tanzania is bringing the high number of unbanked residents into the financial system.
Top 100 Arab banks, 2014: a stand-out year
October 1, 2014Banks across the Arab world are prospering, according to The Banker’s Top 100 Arab banks ranking, thanks to the health of the financial sector despite ongoing political and security risks in some areas.
Morocco offers oasis of calm in north Africa
September 1, 2014With many north African countries in political and economic turmoil, Morocco’s stability and strong growth are proving attractive for Gulf-based investors looking to access the north African market.