Africa

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.

Prime Minister Abiy Ahmed is defying expectations, bringing peace, and reviving Ethiopia's economy.

Some African nations may face a debt crisis if their economic growth stagnates.

A revolution overthrew the country's dictator, clearing the way for political and economic reform.

Nigeria's central bank is trying to get the private sector moving.

An outsider takes over in Tunisia.

Helios Towers' IPO paves the way for expanding and upgrading its services in Africa where demand is growing rapidly.

Telecoms and local start-ups are bringing digital banking to underserved areas of the continent, often in partnership with traditional banks. But working together isn’t always easy.  

South Africa and Egypt are the biggest contributors to this year’s list—but their prospects are diverging.  

Africa has been waiting for the US to launch a new wave of investment. But is Washington willing to help?

From Cape Town to Cairo, digital banking is the buzzword as incumbents and newcomers vie for a young, tech-savvy population.  

Phillipine Mtikitiki, general manager of the East & Central Africa Franchise for Coca-Cola and president of the American Chamber of Commerce in Kenya, talks about Africa’s “infinite promise” and investment from the US and China.

The regional economy is expanding, but a global slowdown and a continuing infrastructure deficit stand in the way of faster growth. 

A revolution toppled Omar al-Bashir and now a caretaker government is trying to guide the country to democracy.

Africa is on the cusp of exponential growth.

Morocco’s central bank governor, Abdellatif Jouhari, talks about how Bank Al-Maghrib is adapting to new roles and greater inclusivity.

John Mangudya, head of Reserve Bank of Zimbabwe, describes his efforts to move the bank away from the quasi-fiscal activities that distracted it from its core mission.

Saddek Omar El Kaber, governor of the Central Bank of Libya, talks about navigating through turmoil, and the need for strong stable institutions.

Ghana has been one of Africa’s star performers, boosted by expanding oil production. But currency volatility, foreign-investor jitters and an upcoming election pose challenges.

Senegal enjoys a broad range of economic drivers, political stability and a long-range development plan designed to appeal to foreign investors.