- Shari'ah-compliant Warranty & Indemnity insurance policy issued in London
- IFSB and IILM sign MOU
- IDEMIA in partnership with BGFIBank launches for bank card with Motion Code
- Bill & Melinda Gates Foundation releases open-source software to expand access to financial services
- Moody's downgrades Angola's ratings to B2, outlook stable
- West African markets continue to attract steady FDI inflows: analysis
- Krypto Labs opens incubator concept to bridge gap between innovators and investors
- UAE-based start-up Democrance secures $800,000 in funding
- ADGM admits second Reglab cohort with 11 more fintech firms
- US equities trim earlier losses
Emirates NBD’s international expansion into Egypt
Giel-Jan M. Van Der Tol, CEO, Emirates NBD Egypt
How far are banks being truly transformative?
Banks need to understand what a digital bank is in order to become one, says Peter Redshaw, Managing Vice President Gartner: Banking & Investment…
Africa’s divergent real estate markets
In a new report Knight Frank outlines the property opportunities across the African continent.
Clean, mobile, secure
SolarTurtle is looking to solve one of the big issues afflicting decentralised green energy solutions—security.
A long way to breaching $50/barrel
Pierre Melki, Equity Analyst Global Equity Research at Union Bancaire Privée, provides a commentary on the oil market.
Year to date, the MSCI Energy is underperforming the MSCI World…
Flight to safety subsides; attention shifts to data
The war of words between Trump and North Korea, has largely dictated the direction of the market for the past 24 hours, according to Hussein Sayed, Chief Market Strategist at FXTM.…
What makes a great modern CFO?
Samuel Dergel, Principal at Dergel Executive Search
Accounting may be a technical field, but the modern finance department cannot thrive on technical skills alone. Every client I speak with…
BIS experts go on record: Has global economic sentiment swung too far?
On-the-record remarks by Claudio Borio, Head of the Monetary and Economic Department, 21 June 2017 on the latest BIS Annual Report 2017As last year's Annual Report went to print, gloom prevailed, in…
Building the future: A4AC
Banker Africa spoke with Anton Bouwer and John Saaiman, two of the three Directors and Co-Founders of Architecture For A Change, a South African start-up.
Architecture For A Change (A4AC) began…
Micro-funding, macro results
In an exclusive interview with Banker Africa, Mwangi Githaiga, Managing Director of Kenya Women Microfinance Bank (KWFT) spoke about what the future the microfinance industry looks like for Kenya…
Trends and policies in the banking & finance industry in Kenya - 2017
Akash Devani, Partner, Anjarwalla & Khanna, and Leah Muchiri, Principal Associate, Anjarwalla & Khanna, a founding legal firm of the Africa Legal Network, write exclusively for Banker Africa…
The greatest trades are those that take advantage of mispriced assets and illiquidity. As we head into 2017’s second quarter, it increasingly appears as if the European instability narrative…
Seven finance predictions for 2017
If 2016 has taught us anything, it’s that making predictions is an inexact science, according to Steve Cox, Vice President, Oracle ERP and EPM Cloud Go-to-Market.
There is much that has…
Linking the chain
Banker Africa sat down with Mohammed Kateeb, Group Chairman & CEO of Path Solutions for a discussion on the effect technology has had on microfinance in Africa.
What impact has the…
IFRS 9 compliance deadline is fast approaching… are you ready?
Banks need to get their systems and processes in order for IFRS 9 compliance, says Desan Naidoo, VP for Africa Region, SAS.
Is it just me, or does it seem like the world is still trying to recover…
Driving financial inclusion in Africa
Verdant Capital has identified four main themes as the driving forces behind financial inclusion.
A critical theme in terms of the development agenda in Africa is financial inclusion, this means…
Why SA banks hold the key to mobile payments
For the South African market to reach the critical mass that will drive the mainstream adoption of mobile payments, consumers need a system they can trust. This is arguably where local banks can –…
Regulation and supervision is improving among African banks’, according to a new report from Moody’s.
According to a new report released by Moody’s, entitled…
Mixed risk for West Africa in 2017
Control Risks release their annual RiskMap, with low commodity prices and the global economy highlighted as key risks for West Africa.
Macro-economic instability will…
SA: Road to recovery
All eyes look towards South Africa’s budget for 2017 as challenging factors remain.
South Africa narrowly avoided a downgrade to sub-investment grade in late November…
FXTM analysis–Greenback higher, but no incentives for big moves
After a muted trading session on Monday due to the US holiday, writes Hussein Sayed, Chief Market Strategist at FXTM, the dollar is finally showing signs of strength in early Asian trade as investors…
PR trends that brands shouldn't ignore in 2017
Time runs fast, and as many other things Public Relations and the overall way of communication have gone through an amazing transformation over the past years, according…
Banking on biometrics
The rise in fraud has diverted banks’ energy and resources, making biometrics an increasingly attractive future for banking, says Nick Perkins, Divisional Director of IDM for Bytes Systems Integration.…
Egypt’s direction after devaluation
As the impact of the Egyptian pound’s floatation plays out, banks and ratings agency forecast the future for the market.
- Egyptian pound devalued from 9/$ to 13/$
Preparing for the storm
Despite what you may have heard from political candidates, climate change is happening—and threatening African food security and economic stability if disaster relief needs aren’t met,…
With new operations in the Gulf and a microfinance unit expanding in Africa, Bank of Khartoum is set to lead the way in Islamic banking, says CEO Fadi Al Faqih.What were the preparations like…
Funding the gap
Small businesses make up a vast section of the economy, yet struggle to access finance—Michael Monari, CEO of Longitude Finance, discusses how to reduce lending risk and boost SMEs.There is a…
FocusEconomics: Economic Snapshot for the Middle East & North Africa – November 2016
It’s a tough road ahead for the MENA region despite OPEC’s deal in FocusEconomics Economic Snapshot for the MENA region this November.
Economic activity in the Middle East and North…
In recession, Nigeria looks to SMEs
Nigeria’s new development bank specifically targeting SMEs joins a host of other initiatives to support small business growth in tough economic times.At the sidelines of the World Bank-IMF annual…
Outward expansion increasing risk for Moroccan banks
Morocco’s largest banks have grown steadily into the regional market, reaping large profits but potentially boosting credit risk.On 4 October, Attijariwafa Bank announced a coup on the acquisition…
'Positive disruptors' in a hard economy
Orlando Chongo, Managing Director of BancABC Mozambique, discusses the national economy and the ways BancABC is committed to growth.What do you see as the key challenges in achieving financial…
A tale of two trends
The continent’s GDP growth has been revised down to its smallest output in years—but that is not the full story.At the start of the World Bank-IMF annual meeting on 6 October, World Bank…
FocusEconomics: Economic Snapshot of Sub-Saharan Africa - October 2016
The regional outlook has deteriorated, with Q2 performance urging policy action, FocusEconomics Senior Economist Dirina Mançellari said.A complete set of GDP data confirm that the Sub Saharan…
It's hard to get rid of the governor of a central bank: here's why
Ongoing shake-ups in South Africa’s government have threatened to reach the central bank, the South African Reserve Bank, writes Jannie Roussouw, Head of Economic & Business Sciences, University…
Inclusion, finance, then growth
Mohamed Khalif, Manager, Financial Intermediation at African Development Bank (AfDB) spoke with London Bureau Chief Isla MacFarlane at the Africa Financial Services Investment Conference (ASFIC) in…
High voltage currency shocks banks
Oil prices, oil production, the naira’s devaluation, the rise in non-performing loans, the harsh realities of certain Government policies—the list goes on, but what happens now to Nigerian…
Finding common ground on currency and reform
A new IMF programme, a new VAT law, potential currency devaluation—it has been a busy few months for Egypt.On 11 August, Egypt and the International Monetary Fund (IMF) reached…
‘To move forward and up’
Between a bank failure and difficult global conditions, Mauritius nevertheless emerged strong from the last fiscal year—now its top officials shed light on plans for the future.On 29 July, Pravind…
The 'final frontier' of investment
Ahead of the Africa Legal Network’s third conference in Dubai, UAE, Chairman Cheick Modibo Diarra discusses the challenges and unique opportunities that Africa presents to global investors.From…
Leading the way
Whether developing an Islamic banking framework or innovating new ways to reach retail consumers, Bank of Khartoum has often pioneered the market—and now it looks further afield than Sudan, says…
SBM sets its sights on the regional stage
Long one of the market leaders in Mauritius, State Bank of Mauritius (SBM) is gearing up for East African growth alongside its new products to support Mauritian businesses, says Chairman Kee Chong…
FocusEconomics: Economic Snapshot of Sub-Saharan Africa - September 2016
SSA decelerates further in Q2 amid low commodity prices and domestic headwinds in FocusEconomics Economic Snapshot for Sub-Saharan Africa this month.
Following the deceleration of the Sub-Saharan…
'Bridging the Gulf': ALN comes to Dubai
Banker Africa spoke with Karim Anjarwalla, Managing Partner of Anjarwalla & Khanna and founder of the Africa Legal Network (ALN) about what to expect at the network's upcoming conference…
Growing smart: GT Bank Ghana goes digital
Lekan Sanusi, Managing Director of GT Bank Ghana, discusses industry risk, Ghana’s economy and how GT Bank is growing.How is GT Bank Ghana working to improve bank operations on the digital…
'Safe, sound and stable'
Bank of Ghana Governor Dr. Abdul-Nashiru Issahaku assumed office in April 2016 amongst global uncertainties, but he remains confident in the Ghanaian banking sector’s ability to grow and…
An unpopular budget, a necessary turnaround
Ghana’s efforts to turn around an unstainable debt balance continue steadily—but what does this mean for investors?On 25 July, Ghana Minister of Finance Seth Terkper stood in front of the…
Sustainable structures—and price tags
Johan Mottelson, the architect behind Casas Melhoradas, discusses how a combination of tradition and sustainable technology has brought new homes to Maputo slums.What has rapid economic growth meant…
Land reform - it is possible without blood shed
South Africa is facing a crisis, writes Managing Editor Georgina Enzer—the ANC promised ‘land for all’ when it first came into power in 1994, but has not moved forward with a sensible…
Lighting up off-grid
By supplying personal solar energy systems through mobile operator partnership, Lumos is striving to reach tens of thousands of Nigerians this year, says co-founder Nir Marom.In Nigeria, nearly 90…
Blockchain and central banks: friend or foe?
Emma Wadey, Product Strategy at Temenos, explores how central banks can prepare for blockchain technology—and how the currency can help them.Bitcoin emerged with a lot of excitement…
The total reform approach to going cashless
Experts weigh in on recent and upcoming policy shifts in Egypt’s bid to go cashless and inclusive.Moody’s Investor Services estimates that SME clients make up just five to 10 per cent of…
Sanjeev Kumar, Group CEO, M Holdings Limited, discusses how Bank M became a top bank in Tanzania and why it is now taking its offering abroad.You acquired Kenya’s Oriental Commercial…
The rise of mobile money in West Africa
Maimouna Gueye, Principal Financial Inclusion Officer, AfDB, draws from Central Bank for West African States (BCEAO) research to highlight challenges in mobile money’s growth.It is of no doubt…
WAEMU stays afloat on trade
Relative to other regional unions, WAEMU has a lot going for it—but trade liberalisation with outside countries and lax banking regulations could shake up stable growth.Intra-African trade has…