Latest articles from Africa

South Africa takes the lion’s share

January 2, 2006

South African banks head our league table again, with the top five slots and a hefty chunk of Tier 1 capital.

African challenges,African solutions

January 2, 2006

IMF prescriptions have been discarded, making way for an African-owned plan, based on good governance, infrastructure investment and intra-regional trade. James Eedes explains.

The genesis of junk

December 5, 2005

Two South African firms have launched successful high-yield debt issues. Edward Russell-Walling reports.
When South African corporates want to raise capital, the international bond market is not the first place they go looking. For most of them, it would quite literally be the last. But two groundbreaking South African high-yield issues may herald a change in attitude.

Oil revenues aid recovery

November 7, 2005

Algeria is working hard to recover from years of civil war. Its twin aims of social reconciliation and fiscal reform include restructure of the financial services sector. James Eedes reports on progress.

Tough regime starts to pay off

November 7, 2005

Nigeria’s central bank governor Charles Soludo is pushing through reforms designed to strengthen the banking sector and is seeing results. James Eedes reports.

SME funding inches ahead

October 3, 2005

Innovative schemes are overturning the belief that financing African small and medium-sized enterprises is unprofitable. There may even be models for commercial banks to follow. But development finance is still needed to prove the case,James Eedes reports.

African Bank

August 1, 2005

Should banks review their strategies for lending to poor customers? South Africa’s African Bank, a specialist lender to the country’s low-income, under-banked population, produced a 17.9% pre-tax return on assets in the year ending September 30, 2004.

Homemade help is Africa’s best hope

August 1, 2005

While some believe the G8 summit in Scotland was a missed opportunity,James Eedes reports that solutions originating in Africa promise to have themost lasting and meaningful impact.

A testing time for reformists

July 4, 2005

Much is expected of Egypt’s financial sector reforms and now is the time for the government to deliver, writes Jon Marks in Cairo.

Microfinanciers overtake their commercial peers

July 4, 2005

In Africa, the poor are proving to be reliable, stable customers who make microfinance institutions twice as profitable as commercial operations, write Elizabeth Littlefield and Martin Holtmann.