African Banking and Finance

Special Report African Banking and Finance

Fintechs and ‘neobanks’ take on the establishment; how South Africa’s lenders rode out first Covid storm; Moroccan banks target francophone west Africa; oil price shocks test resilience of Nigerian banks; and refugees in Kenya learn to bank on their future

© Luke Dray/Getty Images
  • Fintechs and ‘neobanks’ aim to plug continent’s banking gap

    Traditional operators are fighting to retain their leadership role amid cross-border race for market share

  • Oil price shocks test mettle of Nigerian banks

    Exposure to fossil fuels and regulatory shifts hold back top lenders

  • How South Africa’s banks rode out the first Covid storm

    Before the Omicron variant hit, leading players were bouncing back from bad debt and payment holidays

  • African start-ups offer new lease of life for home and car ownership

    High interest rates make mortgages and car deals too expensive for many potential borrowers

  • Moroccan banks target francophone west Africa

    Linguistic ties and a shared currency in some sub-Saharan countries have aided expansion

  • Somalilanders’ remittance businesses thrive worldwide

    Cultural connections and digital channels underpin growth of money transfer services led by ethnic Somalis

  • Makhtar Diop: Africa’s path to funding sustainable development

    The head of the World Bank’s private-sector arm explains his approach to supporting fragile states

  • Refugees in Kenya bank on their future

    A small amount of loans is underpinning businesses in camps


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Originally posted on: https://www.ft.com/reports/african-banking-finance