INTO AFRICA September 2017 Edition: Taking Stock towards Africa’s Recovery

INTO AFRICA September 2017 Edition: Taking Stock towards Africa’s Recovery

Welcome to the September 2017 edition of INTO AFRICA, a publication with fresh insight into Africa’s emerging capital markets. This edition reviews Africa’s economies in the first half of 2017 and is aptly timed as it coincides with a recovery in fortunes for the African largest economies – South Africa and Nigeria – hence its title: Taking Stock towards Africa’s Recovery. The year 2016 was a difficult year for many countries, with the sub-Saharan Africa…

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Africa’s Ecobank targets strong customer growth from mobile banking

Africa’s Ecobank targets strong customer growth from mobile banking

LAGOS (Capital Markets in Africa) – Africa’s Ecobank expects its new digital banking platform to help to boost its customer base across the continent to 100 million from 13 million by 2020, it said after announcing that it had signed up 1.5 million personal accounts through the mobile app. Ecobank has operations in nearly 40 African nations, some of which have been pressured by the commodity price slide and unfavourable currency swings that have prompted the…

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AFRICAN CREDIT OUTLOOK: AN ECONOMIST’S PERSPECTIVE

AFRICAN CREDIT OUTLOOK: AN ECONOMIST’S PERSPECTIVE

GAIMIN NONYANE Head of Economic Research desk and Project Manager for Local Knowledge Africa (LKA; an advisory arm at Ecobank Research) at the pan-African bank, Ecobank Group, based in London. Gaimin joined the bank in November 2012, and helped to launch the bank’s first ever Country Profiles, designed to give investors an insight into the operating environment in Middle Africa. Prior to that, she headed the sub-Saharan Africa desk on macroeconomic and political research at…

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