- ADIB shareholders approve cash dividends of 39.76 per cent
- Dubai Dof completes $2.45 billion financing for Metro's Route 2020 extension
- Currency floatation to boost Morocco’s real estate market, says JLL
- Over 40 African countries sign free trade deal
- Abu Dhabi's investment firms reach $250 billion in fund tie-up
- Visa names new General Manager for MENA region
- Kuwait follows Fed, raises key rate for first time in a year
- Saudi grand tour to include Goldman Sachs, Citigroup, JPMorgan
- Bank Sohar closes a $300 Million three-year Syndicated Term Loan Facility
- Why Turkey plans to create its own credit rating agency
Bringing Nigeria back
Bringing Nigeria back
Kenyan trade moves continental
In a new report, the future for Kenya looks upbeat with regional integration highlighted as a positive for the East African nation
The retreating shadows
Nigeria’s shadow economy is due to shrink by 2025, according to a new report from the ACCA
Roelf Grové, Co-Founder and Managing Director of ValueFinder believes his company’s method of following transactions could lead to hitherto…
How financial inclusion can beat poverty
There are three key strategies to enabling financial inclusion, says Jacqueline Musiitwa, the Executive Director of Financial Sector Deepening Uganda. …
Africa: the year for investment
Banker Africa sat down with Jean-Claude Bastos De Morais, Founder and Group CEO, Quantum Global Group, to discuss the growing Gulf-African trade corridor and what the economic…
Ellen Johnson Sirleaf wins 2017 Ibrahim Prize
The award was presented after a two-year hiatus.
Ellen Johnson Sirleaf left office as President of Liberia in late…
South Africa on the precipice
South Africa is in need of reform to put its economy on the right track.
We turn to South Africa…
Jacob Zuma leaves office
After intense pressure from within his own party, Jacob Zuma resigned his post as President of South Africa.
The rise of GCC bonds
On the back of strong foreign investor demand, Banker Middle East looks at how the appetite for GCC debt is expected to continue in 2018 despite precarious oil prices and geopolitical…
Cabo Verde turns green
Cabo Verde announced an ambitious goal of 100 per cent renewable energy by 2025.
Cabo Verde has pledged as part of its ‘sustainable…
Egypt: the investment gateway to Africa
Hassan Abdalla—CEO of the Arab African International Bank (AAIB) sat for an interview with Banker Africa on how Egypt’s rising economic prerogatives can help accelerate African economic…
Bitcoin future trading kicks off while investors await central banks decisions
Trading bitcoins entered a new phase today, after Chicago Board Options Exchange (CBOE) listed the first futures contract on the cryptocurrency, writes Hussein Sayed, Chief Market Strategist…
2018 IT security predictions–attacks, investment areas and cybersecurity strategies
It’s that time of year again when we look back at what has motivated the market for IT security solutions in the last year, in order to develop our plans for the next year. With…
Venture capital by education
Banker Africa spoke with Adedana Ashebir, Regional Manager, Africa, Village Capital about her firm’s unique approach to venture capital
How is Village Capital…
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…