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There has been a massive expansion of Africa’s banking services over the past decade and technological advances have played a substantial part in making this possible. However, with the spread of banking also comes the need to continuously upgrade security systems to prevent theft and fraud. African bankers have been seeking out the most advanced technologies to help them drive their expansion services while adapting parallel technologies, such as the mobile phone, to suit African conditions. Despite the huge growth of the sector, Africa still remains largely unbanked, which means the potential for expansion is vast. By Neil Ford. More... |
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In this issue, African Banker magazine begins a new series on Africa’s Top Bankers. Leading our first selection is a profile of Nigeria’s iconic business guru, Tony Elemelu, the outgoing CEO of the United Bank for Africa (UBA). Other bankers featured are James Mwangi, J H Maree, Aigboje Aig-Imoukhuede and Douglas Tawanda Munatsi. Elumelu steps down this July, but his legacy and influence in the sector will continue to reverberate for a long tme to come. Profile by Frederick Mordi. More... |
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Interest in African sovereign debt has been climbing again in recent months. Angola plans to issue a $1bn-$2bn benchmark bond; Kenya, Nigeria and Mauritius have flourishing debt markets and international interest is growing in high-yielding hard-currency bonds such as those issued by the Republic of Congo and Côte d’Ivoire. Tom Minney presents an overview of the African capital markets. More... |
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Editorial
Industry holding steady
African Banker’s World
News in brief
New Appointments: Who’s moved where
Cover Story
Technology: The force behind Africa’s banking expansion
Africa’s Top Bankers
Tony Elumelu, James Mwangi, Jacko Maree, Aigboje Aig-Imoukhuede, Doug Munatsi
Development finance
Eko Atlantic
The banker’s dream
Topic
Enter Ecobank Corporate
Regulatory
S African banks rapped over charges
Africa’s capital markets
Bond issues take off
Investment
China Fund shifts gears
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