Latest articles from Paul Wallace

United states of Africa?

Redrawing the map of Africa

September 1, 2011

African countries are being held back by a lack of integration across the continent. Some say it is time to redraw the map by breaking down borders and deepening regional blocs, which will enable free trade to flourish. 

Hisham Ess Al-Arab

Egypt's Commercial International Bank resilient in the aftermath of revolution

August 1, 2011

Egypt’s banks faced the most trying of conditions early this year with the overthrow of president Hosni Mubarak and the subsequent economic collapse. But Hisham Ezz Al-Arab, head of the Commercial International Bank says that businesses should thrive in a more open political system.

Banks on the climb

African banks show most promise beyond Top 1000

August 1, 2011

African banks may be small, but they are among the world’s most profitable, as our survey of the lenders pushing for places in the Top 1000 World Banks shows. 

Mozambique's Moatiza mine

Mozambique looks beyond mega projects

August 1, 2011

Mozambique’s economy is booming and unlikely to slow down anytime soon. But the majority of the growth is down to its abundant natural resources, which has not trickled down to the bulk of the population. The government is now focusing on boosting the rest of the economy.

Ghana's banks are keen to make the most of the country's economic performance

Takeovers loom as Ghanaian banks reach inflection point

June 30, 2011

Ghana’s banks have benefited from a booming economy over the past 18 months, but they may have to start adapting to lower interest rates by expanding their capital markets services and offering more sophisticated products – or risk being bought out in a wave of consolidation.


Ghana vows to avoid oil curse

June 30, 2011

The discovery of oil has turned Ghana into one of the fastest-growing economies in the world. Ghana knows it has plenty to do to ensure the commodity remains a blessing but the early signs are good.

Kwabena Duffuor

Ghana's finance minister focuses on maintaining momentum

June 30, 2011

Ghana’s finance minister, Kwabena Duffuor, is focusing on maintaining the economy’s momentum. He is also at the forefront of efforts to ensure the country’s recently discovered oil riches are not squandered.

Ghana's cocoa industry

Ghana keen to diversify while the going's good

June 30, 2011

Ghana is making plenty of effort to diversify its economy. But cocoa, gold and oil will have the biggest impact on the economy in the coming years, so for now the country is reaping the benefits of high global prices for these commodities.

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