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Gold coins and globe representing global finance and wealth in Africa.

Emerging & Frontier Markets

Middle East Banks Grow African Presence 

Africa’s position as a corridor for capital, trade, and investment is capturing the attention of Middle Eastern banks. For decades, the continent...

Capital Raising & Corporate Finance

Vodacom Takes Control Of Safaricom

South Africa’s largest mobile operator, Vodacom Group, announced that it will take control of Safaricom, East Africa’s biggest telecom, in a $2.4 billion transaction.
Financial Action Task Force or FATF website homepage. The FATF is an inter-governmental body of 37 countries against money laundering and terrorist financing.

News

FATF Removes 4 Countries From Watchlist

The FATF removed South Africa, Nigeria, Mozambique, and Burkina Faso from its “Jurisdictions under Increased Monitoring” list, commonly known as "the gray list."
Michelle Knowles, Absa

Winner Insights

Absa Group: Digitally Enabled

Michelle Knowles is managing executive for Trade and Working Capital (Pan Africa) at regional winner Absa Group. She discusses how innovation and technology is changing finance in Africa.
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South Africa

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about South Africa economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of South Africa best banks and safest banks are also available.

Emerging & Frontier Markets

South Africa: Overcoming Headwinds

South Africa seeks the return of foreign investment. South Africa, with the continent’s most diverse and sophisticated economy, retains its...
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