Latest articles from Africa

Unrest in Tunisia adds to pressure on domestic banks

July 28, 2021

Uncertain political situation after president sacks prime minister likely to affect the operating environment for Tunisian banks.

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Cracks appear in Algeria's economy

July 22, 2021

Despite a change in leadership before the pandemic, Algeria is yet to embark upon a programme of much-needed reforms.

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Rocky road lies ahead for Algerian banking sector

July 22, 2021

Concerns are mounting over what will happen when Algeria’s central bank withdraws its pandemic relief measures.

Profits take a hit at African banks

July 12, 2021

Eight out of the nine African countries represented within the Top 1000 World Banks ranking saw aggregate pre-tax profits decrease year on year.

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Morocco bounces back from 2020’s perfect storm

June 24, 2021

Planned economic reforms are boosting confidence in Morocco, despite the setbacks of the pandemic and a drought.

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Morocco’s banking sector holds steady

June 24, 2021

Morocco’s banks have come through the dual hit to the economy of Covid-19 and a drought.

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South Africa’s banks squeezed by competition and pandemic

June 2, 2021

New challenges have forced leading commercial lenders to innovate to hold onto market share.

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Mozambique's banks remain cautious and risk averse

May 18, 2021

The challenging economic and security situation means banks are focusing on remaining robust, resilient and well-capitalised.

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Mozambique's CBG seeks stability in face of uncertain future

May 18, 2021

Rogério Zandamela, governor of the Bank of Mozambique, on the country’s fiscal challenges and the outlook for a post-pandemic recovery. 

Salim Abukhzaam

Peace, finance and trade in Libya

May 17, 2021

With sovereignty restored in the form of a unified interim government, foreign investors are getting ready to re-engage with the country.