Rising interest rates are set to support profitability even as soaring inflation undermines asset growth.

The government hopes to attract strategic investors for more than 30 state firms, but may struggle to reduce army involvement in the private sector.

Inflation is soaring as the country returns to the IMF for the fourth time since 2016.

FATF’s greylisting of Africa’s two biggest economies will deepen existing economic troubles in both markets.

Investors need to be convinced of the government’s full commitment to the gradual withdrawal of the state from the economy, writes the country’s former deputy prime minister.

A weekly look at some of the most recent and influential people moves across the global banking industry. 

While African deal values fell last year in line with international trends, the country remains a significant investment destination for Middle Eastern investors, writes John Everington. 

As the ceasefire signed between Ethiopia’s federal government and Tigray rebels continues to hold, hopes for reform of the country’s hitherto state-driven economy — including its banking sector — remain dependent on macroeconomic stabilisation, writes John Everington.

Marie Kemplay speaks to Joseph Nganga, vice-president for Africa at the Global Energy Alliance for People and Planet, about the ambitious new Africa Carbon Markets Initiative.