Ras Al Khaimah’s new Digital Asset Oasis is focusing on Web3 and ‘unregulated’ services to stand out in a crowded national field.
Mamo Mihretu, governor of the National Bank of Ethiopia, talks about progress on the country’s debt restructuring talks, the fight against inflation and plans to encourage foreign investment in the country.
Nigeria’s minister of finance and co-ordinating minister of the economy spoke last week with John Everington on stage at the Africa Financial Industry Summit in Togo.
The strong dollar has dampened the growth of Islamic banking services in Asia-Pacific, while Saudi Arabia continues to see large expansion.
ADIB’s group CEO Nasser Al-Awadhi talks about the bank’s digital strategy, the increasing appeal of sharia-compliant banking to non-Muslims, and the overlap between Islamic and sustainable finance.
Makhtar Diop, managing director of the World Bank’s International Finance Corporation, speaks about the implications of the recent partnership agreement signed with other multilateral development banks.
Pakistan’s goal of making all banking assets sharia-compliant by 2027 remains a realistic prospect says Meezan Bank’s founding president and CEO, Irfan Siddiqui.
Sovereign wealth funds' integral role in the region's domestic economic transformation necessitates higher for longer oil prices.
Morocco’s minister of economy and finance talks to John Everington ahead of the annual meetings of the World Bank and IMF.
Lenders across the continent experienced pressure from high inflation and a strong US dollar in 2022.
Founded in 2016 and headquartered in Nigeria and San Francisco, the payments and remittances firm has grown to become one of Africa’s largest start-ups, with a valuation of $3bn as of 2022.
Gulf lenders thrive while Egyptian banks feel the pressure.
While AI solutions and ISO 20022’s rollout offer some relief, the challenges to correspondent banking remain acute in an era of ever greater de-risking.
As Saudi Arabia begins issuing technical certifications to banks and fintechs, the UAE’s open banking framework remains some way off.
Access Holdings’ group managing director talks about the group’s acquisition strategy, the impact of Nigerian economic reforms on the country’s banking sector, and the future of digital assets in Africa.
Mohamed Siad Doualeh, Djibouti’s ambassador to the US, talks about debt restructuring efforts, the impact of regional conflict in Ethiopia and Sudan, and the country’s efforts to position itself as a regional financial hub.
After being caught out seven years ago, Nigerian lenders are better prepared to absorb the impact of the naira’s recent devaluation.
Al Rajhi Bank’s growth sees it top Saudi Arabia’s performance tables, even as SNB remains the country’s largest lender.
The country’s big four all reported positive results for 2022, in spite of gathering economic storm clouds.
UBA is the only Nigerian lender in this year’s Top 1000 World Banks ranking to record a rise in Tier 1 capital and profits.