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Outlook 2017: More of the same?

While the presidential election in Ghana did not receive as much global attention as elections in the US and Europe, the West African state’s peaceful contest signaled hope at a time when the continent has been reeling from economic stagnation.…

Weak commodity prices are taking its toll on trade finance, says BACB CEO

The global fall in commodity prices has not only taken its toll on Africa’s major exporters over the last two years, but the slump has also been a key driver for the withdrawal of international banks out of Africa, said Paul Hartwell, chief executive at London-based British Arab Commercial Bank (BACB).

Africa ripe for Islamic finance

Africa’s development needs are greatly aligned with Islamic finance given the continent’s infrastructure deficit, paving the way for more sharia-compliant products on the continent, according to Imran Mufti, partner at Riyadh-based law firm Hogan Lovells.…

Africa still attractive to investors, says PenCom head

Portfolio flows into Africa may be falling but this marks a readjustment in the way investors interact with the continent, says Chinelo Anohu-Amazu, head of Nigeria’s National Pension Committee (PenCom). …