Private banks in Algeria have until now been highly profitable, as the energy-rich country was awash with liquidity. But a government that failed to hedge its hydrocarbon wealth against a price drop is now cutting public spending and tightening trade finance rules, driving private banks to rethink their business strategy. Richard Nield reports.
Kenya plays host to some of Africa's more established pan-regional banks, but with 41 lenders active in the country many claim that it is overbanked. Attempts are being made to increase capital requirements and suspend any new licences with the intention of kick-starting a consolidation drive, but those who oppose such measures are making their presence felt.
Conflict, corruption and too many failed businesses left it with a sclerotic banking sector with little appetite for risk, but South Sudan hopes its status as a newly created nation state will encourage investors to rethink their approach to an economy that hopes to underpin its regeneration with its rich reserves of oil.