Wednesday July 30th 2014

Insight Areas

‘Banking and Finance’ Archives

Development Finance Institutions in Africa

Development finance institutions (DFIs) are alternative financial institutions, which provide finance for projects and investments that promote development. DFIs finance investments in the private sector where commercial institutions will not due to high risks. DFIs provide loans, equity position, and risk guarantees. The following is a list of [...]

Kenya’s Power Shortage Problem Meets Innovative Finance

A new era of electricity production and distribution is set to open in Kenya after the World Bank Board of Directors endorsed an innovative way to deploy Bank Group instruments and leverage private sector investment to help meet Kenya’s urgent power generation needs. The Kenya Private Sector Power Generation Support Project will help bring a [...]

Bringing Islamic Finance to Africa: How one Training Company Does it

DUBAI, UAE, March 6, 2012 /PRNewswire/ -- How do you bring training in interest-free finance to a vast continent historically crippled by interest-based lending? Ethica Institute of Dubai may have solved the problem. Already in 11 African countries, Ethica is now the most heavily enrolled Islamic finance training and certification institute in the [...]

Ecobank analyst: French-speaking African nations offer wealth of opportunities

Ecobank analyst: French-speaking African nations offer wealth of opportunities

Trying to do business in a foreign country is tough, but even tougher when one doesn’t speak the language. Therefore it’s critical to find a bilingual local partner who understands the language, culture and business process, says Edward George, senior research analyst for Ecobank. Ecobank, is one of the largest banks in Africa, with a [...]

Lessons from a CEO in Africa’s Banking Sector

Lessons from a CEO in Africa’s Banking Sector

According to James Mwangi, Head of Kenya Equity Bank, “Across the African continent only about 18-24% of the population (uses) banks…So, it shows that there is a huge opportunity.” One of the reasons that banks are important is because they loan money to small companies and entrepreneurs to start business, which then pay taxes and help [...]

Reframing Global Risk in Favor of Business and Investment in Africa

Reframing Global Risk in Favor of Business and Investment in Africa

This is an excerpt from the upcoming book, Grow Rich in the New Africa, which is released in March 2012. With the downgrade of nine euro zone countries at the end of last week, this piece speaks directly to the changing risk profiles of developed and developing countries which leave a number of economies in Africa winners and a number of Western [...]

Status of Regional Payment Systems in Africa 2011

In spite of more than two decades of financial reforms, African payment systems to transact trade and business have remained very cumbersome, underdeveloped, fragmented, costly, and inefficient. That has remained a key impediment to intra-Africa trade and an obstacle in way of the continent in its quest to achieve a common market. While, for [...]

Tapping the Wealth of African SMEs: Standard Bank’s Example

Tapping the Wealth of African SMEs: Standard Bank’s Example

Small and medium enterprises (SMEs) in Africa have been largely neglected in the past. Most industry analysts and experts agree that there is strong evidence of funding targeted at large corporations, and the micro finance industry has grown rapidly in the past few years; however, financing to the SME sector shows a yawning gap. In the South [...]

Mobile Money Deployments in Africa

Wireless Intelligence provides a mobile money deployment tracker. You can access it below or go directly to http://www.wirelessintelligence.com/mobile-money/

Central Banks of African Countries

The following is a list of the websites for central banks of African countries. Country Central Bank Algeria Bank of Algeria Angola National Bank of Angola Benin Central Bank of West African States Botswana Bank of Botswana Burkina Faso Central Bank of West African States Burundi Central Bank of Burundi Cameroon Central Bank of [...]