Latest articles from Africa

sergio pimenta

Africa's pressing need to boost vaccine production

October 1, 2021

The private sector has a defining role to play in ramping up vaccine production across the continent.

Egyptian banks boost Tier 1 capital

September 28, 2021

Banque Misr saw an 84% increase in Tier 1 capital last year amid a limited economic impact of Covid-19 compared with other countries. 

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Kigali and Lagos added to financial centre index

September 28, 2021

While there was not much change at the top of the 30th edition of the Global Financial Centres Index, two African centres join the ranks for the first time. 

Investec outruns its rivals in South Africa

September 1, 2021

Investec topped the South Africa performance rankings and climbed up 63 places in the overall Top 1000 ranking. Its ‘Big Four’ peers fared less well.

First Bank Nigeria bucks trend by increasing Tier 1 capital

September 1, 2021

Nigeria’s banks have had a tough year, as the economy hit a two-decade low. 

visa and sudan

Visa to open an office in Sudan

September 1, 2021

Global payments provider Visa will enter Sudan as the economy begins to liberalise.

Hiba-Zahoui

Morocco's banks look beyond the pandemic

August 23, 2021

Hiba Zahoui, head of Bank Al-Maghrib’s banking supervision department, on the state of the country’s banking sector.

Zambia’s new president prioritises economic recovery

August 17, 2021

Hakainde Hichilema hopes to stabilise the economy with an IMF bailout and encourage foreign investment.

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Rwanda’s banks hunker down as Covid-19 bites

August 5, 2021

Fitch recently revised Rwanda’s outlook to negative from stable amid concerns about rising public sector debt.

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south africa unrest

South Africa’s banks count costs of unrest

July 30, 2021

Looting and arson forced the closure of hundreds of branches and caused widespread damage to ATM infrastructure.