European banks’ exit from Africa: growth opportunities and new risks
Though the withdrawal of European banks from Africa over the past decade is accelerating the rise of regional banks and creating growth opportunities, it also introduces new risks as successor institutions may face higher exposure to challenging operating environments and more limited access to hard-currency funding, says Fitch
Nigeria and South Africa set to exit dirty-money list in October
Nigeria and South Africa could be removed from the Financial Action Task Force’s “grey list” as early as next month, a potential boost for two of Africa’s largest economies, according to