To live under the sun in the middle of rolling landscapes, to be in the company of diverse wildlife, to look straight in the eyes of lions in the wild and at the speeding gazelles on the savannahs—these are enough to take your breath away.
Africa’s future lies in the hands of its own people—but not in isolation. How can Africa come together to build a stronger banking sector that delivers for Africans as well as the international investment community?
A third of the world’s population doesn’t have a bank account. That’s 2.5 billion people. Most are based in the emerging economies of Africa, Asia, Latin America and the Middle East,
In recent years, the reputation of South Africa’s banking industry has blossomed remarkably. It has become a well-regulated system that has seen large foreign players consistenty increase their presence within the country, while
The best banking institutions in retail, commercial, private and investment banking are highlighted along with the two outstanding CEOs from their regions.
Few countries in the world lack a formal banking system, but Somalia is one that does. Nearly half of the population has relied on money transfers from members of the Somali diaspora—mainly friends and relatives overseas—to provide for their necessities of life, including food, rent and health care.
By Tiffany Ryes – International Banker When one thinks of luxury travels to Africa, images of tents and safari adventures…
The World Bank Group committed a total of $15.3 billion in financing to Sub-Saharan Africa in the 12 months to June 2014, the highest amount so far, the institution said. About two-thirds of this money was provided as interest-free loans for more than a hundred new projects. The World Bank’s International Development Association, which supports the world’s poorest countries,
Africa is hardly the first region one would think of when it comes to private banking. That is, if one has not been following economic developments on the continent. Last year, the number of high-net-worth individuals in Africa reached 140,000, according to a Capgemini report, a 3.7 percent annual increase.
The Oke-Arin market is a massive labyrinth of opportunity at the heart of Lagos, Nigeria’s capital. Along the narrow, winding streets, vendors sell everything from textiles and tomato paste to cutlery and custard. Streams of shoppers and hawkers carrying products on their heads deftly dodge speeding motorcycle taxis and delivery trucks.