Mustafa Rawji, CEO of Rawbank, talks to John Everington about the outlook for the bank’s home market of the Democratic Republic of Congo, strategies for sustainable lending to the country’s CEOs, and the nascent bancassurance market.
The Kenyan lender's acquisition of Trust Merchant Bank follows the Democratic Republic of Congo's formal entry into the East African Community.
Managing director Marlene Ngoyi on the challenges of the DRC’s large unbanked population.
Financial inclusion figures are slowly improving in the DRC, but optimism prevails with regards to making faster progress.
Signs of increasing political stability would be good news for the economy in the Democratic Republic of Congo and its banking sector, which has huge scope for growth. Kat Van Hoof reports.
African banks are increasingly looking outside of their domestic markets, and many of the continent's biggest lenders are now active in multiple countries, buoyed by greater access to vast unbanked populations and a more stable political environment.
Joseph Kabila has the world community on his side with debt relief and sustained aidflows in the pipeline.