Latest articles from Africa

An external view of the Central Bank of Egypt building.

Egypt’s banks hold fast in midst of economic storm

March 29, 2023

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

Egyptian President Abdel Fattah Al-Sisi

Can Egypt’s privatisation drive succeed?

March 22, 2023

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

Egypt economy

Egypt’s economy faces the music

March 17, 2023

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

An array of CCTV cameras trained on an empty office chair.

Challenges ahead for Nigeria and South Africa as they join FATF grey list

March 16, 2023

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

A portrait of Egypt’s former deputy prime minister Ziad Bahaa-Eldin.

Egyptian economic reform: a clear path or a bumpy road?

March 14, 2023

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 boardroom with empty leather chairs lined up along a table.

The Banker Board – March 9, 2023

March 9, 2023

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

A high shot of the Commercial International Bank Egypt building in Cairo.

Egypt remains a key African investment destination despite economic challenges

February 24, 2023

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. 

Egyptian banks strong despite economic crisis

January 24, 2023

The country’s banking sector has seen an increase in its number of branches in the past few years. 

Egypt branch numbers 23.01.23
A carpet and rug store front in Addis Ababa in Ethiopia

Can Ethiopia’s fragile peace pave the way to further economic reform?

January 20, 2023

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.

A portrait image of Joseph Nganga

A new voluntary carbon market for Africa

January 17, 2023

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.