Africa Archives

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Banking

Africa: Growth Of Pan-African Banks

BANKING ON AFRICA By Erik Heinrich A continent-wide boom is shaping a new breed of pan-African lenders. The future has never looked brighter for sub-Saharan Africa. Many of its economies are expanding at annual rates of 6% ...

Banking

Africa: Oil & Gas

DIFFFICULT CHOICES By Antonio Guerrero African oil producers stand to benefit from continued sanctions on Iranian oil exports. But their path is not without challenges. As the US and EU tighten the screws on Iran, imposing sanctions ...

Banking

Central Banker Report Cards 2012: Middle East & Africa

By Gordon Platt, Antonio Guerrero and Anita Hawser MIDDLE EAST & AFRICA ALGERIA Mohammed Laksaci Grade: C The central bank of Algeria, Africa’s second-largest oil producer, has kept its discount rate at 4% for the past few years to encourage ...

Emerging & Frontier Markets

Hailemariam To Lead Ethiopia’s Transformation

NEWSMAKERS: ETHIOPIA By Valentina Pasquali Plagued by corruption and emerging from three decades of stable but authoritarian government, Ethiopia is undergoing its first peaceful transfer of power after the death, in August, of longtime prime minister Meles Zenawi. ...

Capital Raising & Corporate Finance

Treasury & Cash Management: Looking Externally For Improved Compliance Management

GIVING DILIGENCE ITS DUE By Karen Kroll Companies are using outsourced service providers, bringing in experts, and making use of new technology solutions to stay compliant with the increasingly complex global regulations. Despite some of the headlines ...

Award Winners

WORLD’S BEST CORPORATE/INSTITUTIONAL INTERNET BANKS IN MIDDLE EAST/AFRICA 2012

Global Finance names the 2012 World’s Best Corporate/Institutional Internet Banks in Middle East/Africa NEW YORK, July 27, 2012 Global Finance...

Award Winners

WORLD’S BEST CONSUMER INTERNET BANKS IN MIDDLE EAST/AFRICA 2012

Global Finance names the 2012 World’s Best Consumer Internet Banks in Middle East/Africa NEW YORK, July 20, 2012 Global Finance...

Capital Raising & Corporate Finance

Words Of Wisdom: Arnold Epke, Ecobank

AFRICA UNBOUND By Antonio Guerrero Arnold Epke, group CEO at Ecobank, a pan-African bank founded in 1985 and with a presence in 32 countries, shares his insights on Africa's past, present and prospects. Global Finance : How will ...

Capital Raising & Corporate Finance

Country Report: Nigeria

TIME FOR CHANGE By Antonio Guerrero Nigeria holds great promise with its massive oil reserves, but endemic corruption, unfettered militant attacks on pipelines and lack of regulatory clarity could halt progress in its tracks. When the Nigerian ...

Economics, Policy & Regulation

Emerging Markets Roundup: Africa

FEELING THE EFFECTS OF ECONOMIC CONTAGION By Antonio Guerrero The Africa Finance Corp, a multilateral finance institution based in Nigeria, says it has a pipeline of sub-Saharan investment projects worth $3 billion over the next year. The AFC ...

Banking

Indigenization Minister Targets Foreign Banks

NEWSMAKERS: ZIMBABWE By Valentina Pasquali After targeting the lucrative mining sector, Zimbabwe's indigenization minister Saviour Kasukuwere is now ramping up pressure on foreign banks operating in the country to hand over 51% of their shareholdings to indigenous Zimbabweans as ...

Emerging & Frontier Markets

Company to Watch: Mr Price / South Africa

RETAILER EXPANDS IN NIGERIA By Gordon Platt Mr Price Group has developed a successful retail formula in South Africa that could work well in markets across Africa. The majority of Mr Price’s 1000-plus stores are in South Africa, ...