Despite market turbulence and an acute shortage of forex hamstringing the economy, Nigeria’s top banks remain profitable, registering good growth, but with the fintechs at their heels, they will need to adapt fast.
The Covid-19 pandemic and Russia's invasion of Ukraine have increased debt distress risks in Africa, with 22 African countries now in debt distress or at high risk. How can Africa go about restructuring these debts?
As one of West Africa’s most politically stable countries, Senegal
is on course to record a world-beating 8% growth this year,
thanks largely to expected oil and gas revenues.
With the digital revolution now sweeping across Africa and affecting virtually all aspects of life, Africa’s banking industry has been scrambling to switch from traditional systems to cutting-edge technologies. Dulue Mbachu describes how the global fintech Backbase is helping ban…
The listing of Orange Côte d'Ivoire on the BRVM raised record capital and reveals the great potential for governments in the region to raise capital through privatisations.
The President of Afreximbank explains the factors that have led to its rapid growth, its expanding portfolio of initiatives and how it is working to build African resilience.
Climate change and Covid-19 have hit the island nation hard, but returning tourists and a renewed focus on manufacturing and the blue economy offer causes for optimism.
Chatham House says that 2023 should see deeper cooperation between China and the West over Africa’s debt conundrum – without it many countries face defaults.
