Latest articles from Africa

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.


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.

UK deal boosts Nairobi’s position as financial hub

July 29, 2021

Closer ties with the City of London likely to encourage further fintech investment into Kenyan capital. 

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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.

algeria bank

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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