Africa
Latest articles from Africa
Rising fortunes for Africa’s banks
December 1, 2004The Banker’s Top 100 ranking of African banks shows an upward trend in Tier 1 capital and assets and profits for the region.
Regulation shake-up bodes well for Egypt
November 4, 2004Egypt has a new prime minister and a new economic reform programme, but will anything change? How will the new government of Dr Ahmed Nazif provide the economic stimulus the country desperately needs? Stephen Timewell reports.
Barclays’ South African bid provides a litmus test
November 4, 2004South Africa’s market potential lies in extending services to poorer, unbanked areas, so how will a foreign bank fair in this environment?
Arab banks’ profits soar
November 4, 2004Political troubles have had little impact on the region’s banking sector, judging by this year’s Top 100 ranking.
New vision transforms development bank
November 4, 2004
After years of mismanagement, the Central African States Development Bank has made a remarkable financial recovery in just three years, under the stewardship of president Anicet Georges Dologuélé. By Fabien Buliard.
The Central African States Development Bank (La Banque de Développement des Etats de l’Afrique Centrale – BDEAC) is sparing no effort to restore its credibility, following a period of dormancy throughout the 1990s in which it ceased all lending activities to focus on reimbursing its debt and recovering a staggering amount of outstanding payments.
Oil price fires interest in a former basket case
October 4, 2004A burgeoning oil economy and the government’s commitment to combat corruption is attracting foreign bankers once more to post-war Angola, writes Steven Swindells.
The ones to watch
October 4, 2004All the key industries, large and small, figure in the government’s roadmap to better economic health.
Full flow ahead?
October 4, 2004Will the government’s plans to develop the oil and gas sector come to fruition? James Eedes looks at the problems that must be tackled.