John Njiraini

As multinationals exit or downscale, African-based institutions are taking the lead on the continent.

MasterCard will be acquiring a minority stake in the fintech unit of African telecom giant MTN.

A big dream for the BRICS bloc is creating a common currency to counter the US dollar. 

The institution is Uganda’s biggest lender, accounting for roughly 55% of its multilateral external debt stock.

The new Central Bank of Kenya governor Kamau Thugge brings with him a stellar résumé of previous experience in government and 25 years at the IMF.

Ethiopia has embarked on a roadshow to sell shares in the Ethiopia Securities Exchange as part of its attempt to build a diversified and vibrant economy.

African banks remain resilient and ready to weather any storm that comes their way.

Senegal is becoming a magnet for foreign direct investment.

A slew of activity to meet Europe’s war-driven thirst for new sources of hydrocarbons could put long-term development at risk.

A clearer path for Africa’s banking industry is forming, as regulators focus on strong and supportive controls.

Africa's debt service payments will surge 35% over last year.

According to the Bank for International Settlements, global liquidity in 2021 reached an unprecedented $175 trillion, twice global GDP. That figure set the tone for the year in investment banking, as cash-rich companies powered record deal making worldwide. The macro ...

Global Finance presents the best private banks in Africa.

Ehouman Kassi, CEO at Bridge Bank Group in Côte d’Ivoire, discusses strategies the bank has deployed to penetrate the market.

John Gachora, NCBA Group managing director, spoke to Global Finance on NCBA Bank’s consolidation-driven growth strategy amid global and local shocks.

Alice Albright, CEO of the US foreign aid agency Millennium Challenge Corporation (MCC), discusses why Africa is an important investment destination for US dollars.

Tremendous opportunities await foreign direct investors, but geopolitical issues, China’s lending practices and human rights violations may stymie that potential.

Ebenezer Onyeagwu, CEO of Zenith Bank, shares thoughts on the bank’s strategy to maintain its dominance in the Nigerian market while exploring opportunities beyond.

The new president has said he intends to prioritize agriculture and food security, stimulate job creation and reawaken the competitiveness of the private sector by reducing government domestic borrowing.

After years of easy money, central banks are tightening up—some more quickly than others. Global Finance grades their performance in the face of the past year’s rising inflation. 

Lack of agricultural investments by African nations leads to a bitter harvest.

For China, interest-free debt cancellation does not have significant material impacts on its debt stock in the continent.

Egypt’s Banque Misr and Turkey’s Ziraat Katilim are the first international banks to begin operations in Somalia.

Standard Chartered and Barclays Bank are both reducing their presence in African markets.

Africa’s banks bounce back after a rough year.

Russia's war in Ukraine may strain the BRICS bloc and the fortunes of the bloc's New Development Bank.

Africa's neutrality in the Russia-Ukraine war won't stop the continent from experiencing economic fallout from the conflict.

The banks of Africa are moving toward a tech-focused future.

The new system will ideally be a game-changer in the continent’s payment space.

European businesses will no longer be punished for investing in Mauritius, the Bahamas, Botswana, Ghana and Iraq.

For Africa, cuts in Chinese investment will have a devastating impact.

This year’s winners expect a solid decade of growth.

Long a beacon of prosperity in Africa, the tiny island nation needs fresh government initiatives to boost growth.

African citizens voice concern about government use of large resources in failed infrastructure projects. 

As economies start to grow again, central bankers face the tricky question of when to ease off the gas—or even tap the brakes. 

Managing director of the IMF was found culpable in the World Bank Doing Business report scandal in which data was falsified.

Godongwana is a close political ally of President Cyril Ramaphosa and an African National Congress heavyweight who cut his teeth in the labor union movement.

Democratic Republic of Congo's new central bank governor faces serious hurdles besides being the first woman to hold the position.

Africa’s Best Banks adapted to help clients and communities.

New privacy policies will force WhatsApp users in some regions to share their data with Facebook and its other offerings to keep using the popular service.

Paypal makes inroads on a continent where cash is still king.

Resilience has long defined the private banking industry in Africa, and 2020 is no exception. With the Covid pandemic raging and the global economy sagging, African banks have been among the hardest hit. From 2012 through 2019, according to McKinsey ...

Will the Covid-19 pandemic erase Mauritius’ recent gains?

Swazi B. Tshabalala, chief finance officer and currently acting senior vice president at the African Development Bank Group, discusses the bank’s efforts to help countries ravaged by the Covid-19 pandemic and the how the continent can jumpstart economic development.

Greta Bull, chief executive of Consultative Group to Assist the Poor and a World Bank director, speaks of the reality of microfinance today.  

Once hailed as a game-changer for the impoverished, microlenders are falling behind in the digital race while online lenders and commercial banks poach their turf.

Google wants to solve Kenya's 5G problem while most Kenyans would be happy to get 3G.

NPLs in Africa are three times higher than the global median.

As the number of physical banks in Africa diminishes, can existing institutions keep up with rising demand and the challenge of digital banking?

Mauritius is betting that political stability and free-market reforms will vault it into the ranks of high-income nations. But first, it needs more foreign investment.