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Mobile operator banks on fintech explosion in Africa
MTN is scaling its fintech operation, repositioning it from a mobile money service into a fully-fledged digital financial ecosystem as it targets a 50 million
World Bank’s Global Economic Prospects Report 2026
The World Bank has sharply downgraded its global growth outlook for 2026, warning that the war in the Middle East has triggered a major energy
South Africa banks chase underserved mid-sized businesses to drive growth
Key Points South Africa’s biggest banks face growing competition for large corporate clients Look to win more clients from once ignored medium-sized companies Nedbank, Investec
Nigerian banks boost African interest income growth
Nigerian banks contributed significantly to the fastest growth among emerging markets during the first half of 2025, according to a recent report by Fitch. This
South African Banks Issue $322 Million Loss Buffer
South Africa’s largest banks have recently raised a significant amount of loss-absorbing debt as part of a new regulatory framework. This framework aims to ensure
Pictet Enters African Market as Foreign Banks Retreat
Banque Pictet & Cie, a Swiss private bank and financial services group, has established its first office in Africa. The firm received regulatory approval to
Standard Bank’s African Markets Conference Draws Attendees
Ecobank Nigeria has launched a new digital banking platform designed to assist business owners in Nigeria. The platform aims to reduce delays and operational inefficiencies
UK banks face risk over Africa’s renewable energy growth
Weak climate targets from UK banks put them at risk of missing out on the “enormous opportunity” of Africa’s renewable energy revolution, financial experts have
African nations receive funding from development banks
Capital flows to Africa have decreased significantly due to shifts in funding from Western nations and China. These changes are creating challenges for African governments
African Banks Expand Operations in Kenya
East Africa is rapidly emerging as a new battleground for Africa’s banking heavyweights, with Kenya at the center of an intensifying expansion race reshaping the