Africa

Companies based in English-speaking Africa are investing in their Francophone neighbors, with tech companies leading the way. 

Covid-19’s impact has not been as great in Africa as on other continents. But governments are still looking for ways to return to rapid growth. 

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.

It has been Global Finance’s practice to conduct a Best Bank award ceremony during the IMF and World Bank Annual Meetings. As this year’s Meetings have gone virtual, so will Global Finance’s awards ceremony. Below are a selection of winners ...

With an election looming, Ghana’s economy grapples with a pandemic, falling oil revenues, a nagging fiscal deficit and the imperative to diversify.

Emerging and developing economies will likely be hardest hit by Covid-19. Rebuilding will require addressing preexisting conditions as well as the new ones.

Will a brutal decline in the Naira force the country to finally end its multiple-exchange-rate system?

Bitcoin technology finds another practical use.

Rwanda faces its past and securing post-pandemic economic growth.

Allegations of corruption and nepotism dog Malawi's new president.

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

French telco giant consolidates its African holdings to prepare the way for further expansion.

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

Within Sub-Saharan Africa, mobile money providers have waived or reduced transaction fees while governments are encouraging digital payments as a strategy to wean off person-to-person contact.

African banks delivered some of the world’s highest returns on equity last year, but current factors make a repeat performance unlikely.

Financial services is fueling expansion, but fiscal woes and terrorism are keeping foreign investors at bay.

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

African nations are doing away with a relic of the colonial era.

Brexit is a loss for Europe but it could turn into a win for Africa.

Gabon is cleaning its fiscal house, and hopes to prove it can be more than just an oil producer.