Chukwuma Soludo, governor of the Central Bank of Nigeria, tells James Eedes of a bold plan to raise $1bn for his brainchild – the Africa Financing Corporation.
Africa
Latest articles from Africa
A legacy worth fighting for
April 2, 2007Economic reform is transforming Nigeria, not least in the banking sector, but will the programme survive a change of government? Neil Tyler reports.
Big hitters reach out to the unbanked
April 2, 2007Unbanked and underbanked populations of the world are in the sights of companies developing mobile-based banking services. Wendy Atkins reports on the latest services to be launched.
Don’t tar all vultures with the same brush
March 5, 2007The current Zambian case not withstanding, most distressed debt traders form a valuable part of the financial system.
African attractions grow
March 5, 2007The viability of capital markets in African countries is looking more promising, underlined by a successful bond issue denominated in naira by the African Development Bank. Edward Russell-Walling reports.
Privatisation this time
February 5, 2007Algeria has lightened its debt burden and foreign investors at last seem keen to invest in subsidiaries and privatisations, write Jon Marks and Nadine Marroushi.
Home delivery: Africa’s challenge
January 8, 2007Africa’s home-financing sector is generally in its infancy. The exceptions are South Africa, Ghana and a handful of east African nations. Cas Coovadia highlights the initiatives in progress.
Central Bank Governor of the year 2007
January 8, 2007The Banker heralds the world’s best central bank governors who have stuck to their guns when under fire, whether it be encouraging diversification, controlling inflation or fighting off the governmental propensity for meddling.
Affordable home financing for all
January 8, 2007The International Union for Housing Finance has an important role to play in Asia and Africa, where there’s little penetration by formal sources of funding for housing, says its president, Renu Karnad.
Awesome potential locked in Africa
January 8, 2007Africa is a real banking market with real potential and there is nothing philanthropic about Barclays’ activities there, writes John Varley. He outlines particular areas that his banking group is committed to developing and region-specific issues that must be addressed.