Latest articles from Africa

AFRICAN BANKS

Africa on the brink of the big time

January 3, 2012

African banks have grown substantially in the past few years. Those from South Africa are still the biggest, but they are far from being the most profitable.

Are emerging market banks more transparent?

December 21, 2011

Banks in emerging markets appear to run greater risks to achieve greater returns. But they may just be more conservative in assessing their risks.

High profits in East African frontier markets

November 24, 2011
African_data_bank_story_teaser

Four of Africa’s top five most profitable banking markets are in east Africa, with oil producing Ghana from west Africa completing the set.

Are CEE bank foreign ownership risks exaggerated?

November 8, 2011
ownership teaser

Banking sectors in central and eastern Europe have some of the highest foreign ownership rates in the world, but risks from eurozone parents could be curtailed by deleveraging since 2008.

NIGERIAN FARMER TEASER

Nigeria’s banks enter new dawn

November 1, 2011

Nigeria has revitalised its banks following their crisis two years ago. They are now far healthier and are once again making strong profits. But the shake up of the industry will continue for a while yet, as the affects of recent consolidation – including the creation of two new top tier banks – begin to be felt. 

Best prospects for Islamic finance outside core markets

November 1, 2011

Several emerging markets with large Muslim populations combine low bank penetration and a high return on assets with a relatively small market share for Islamic banking, and thus provide further opportunities for growth in the Islamic finance sector.

Ondimba_Ali_Bongo_teaser

Gabon president looks to a diversified future

November 1, 2011

Gabon’s president, Ali Bongo Ondimba, tells The Banker that his reforms will help his country overcome its reliance on oil. But this is no easy task, with the country's growth set to slow this year and its economy hampered by bureaucracy and a lack of good infrastructure. Barbara Njau reports.

Angola_platform_teaser

African currencies gain favour

October 3, 2011

Most African currencies are in demand thanks to high rates of economic growth across the continent. Analysts foresee this trend continuing over the next decade, with foreign inflows pushing up foreign exchange trading volumes in many African countries.

Farhat Bengdara

Libya seeks outside help to modernise banking sector

October 3, 2011

Libya's former central bank governor tells how the country's uprising will lead to many opportunities for investors in the oil, tourism, mining and banking sectors, as long as there is a return to stability.

Ngozi_Okonjo-Iweala

Nigeria's Okonjo-Iweala vows to reform country's economy

October 3, 2011

Ngozi Okonjo-Iweala’s recent appointment as Nigeria’s economic tsar has led to high expectations that the country can finally start to fulfil its vast potential. But, despite her intellect, boundless energy and standing among investors, the task is a daunting one.