Sudan’s liquidity crisis
Sudan has been short of hard currency for years due to sanctions and embargoes.…
African Banker
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Sudan: Lifeline for the banking sector
Sudan, one of the largest countries in the heart of Africa, has been struggling to stay afloat economically since the US imposed crippling trade and investment sanctions in 1997.…
In Conversation with Segun Agbaje, CEO of Guaranty Trust Bank
Segun Agbaje, CEO Guaranty Trust Bank, talks exclusively about the bank’s shifting focus. …
Ghanaian banks scramble to beat looming capital deadline
Ghanaian banks scramble to beat looming minimum capital requirement deadline. …
Exclusive Interview: Audu Ogbeh, Nigeria’s Minister for Agriculture
Audu Ogbeh, Nigeria’s Minister for agriculture discusses the sector’s holy grail: financing.…
CBN’s Emefiele cracks the whip
Over the last six months, Central Bank of Nigeria governor Godwin Emefiele has not minced his words when putting commercial banks on notice, warning them of the dangers of violating foreign exchange (forex) rules.…
What is behind Africa’s crypto-phobia?
As the use of cryptocurrencies gains momentum, African central banks, gripped by crypto-phobia, are pressing panic buttons, with some taking the easy way out by banning the use and trading in cryptocurrencies in their territories.…
Tanzania: Magufuli wielding the big stick
“I will not give any money to failing banks.” In typical style, President John Magufuli has adopted a no-nonsense approach to the troubles of the Tanzanian banking sector.…
Kenya: Is too much regulation stifling growth?
In July, a court temporarily suspended the implementation of a new 0.05% tax on bank transfers above Kshs500,000 ($5,000); a victory for the Kenya Bankers Association (KBA), which took the matter to court.…
East Africa’s financial services set for consolidation and expansion
What are the recent trends in the East African banking industry?…