In Africa, public-sector banks have more or less disappeared and international institutions have partially withdrawn from the continent – facilitating the emergence of pan-African banking groups whose success Continue Reading
Economic theories diverge radically on the role that banks and markets play in the development of a financial sector – and the link they have with economic growth. It is essential to answer these questions in order Continue Reading
Although Africa’s financial sector was not severely affected by the 2008 crisis, the latter did however reveal its structural weaknesses – including the narrowness of markets and the low level of credit Continue Reading
Sub-Saharan Africa’s financial markets are generally immature and are widely characterized by their low level of activity and the domination of the banking sector. However, if a market and its economy have Continue Reading
In 2006, Ecobank Transnational Incorporated launched a simultaneous public offering operation on three African stock markets. €is exceptional listing gave the group greater financial flexibility, a diversified, Continue Reading
The international hotel group TPS EA’s listing on the Nairobi Stock Exchange enhanced its visibility and reputation and fostered its commercial development. Moreover, by opening its capital to the general Continue Reading
Popular shareholding in the context of Africa would seem doomed to failure, yet it has now become a major development area for African financial markets. This type of equity ownership seems to have met with real Continue Reading
Financial markets play an important role in financing Africa’s private sector. Their recent growth in strength is unquestionable despite the sudden standstill caused by the 2008 crisis: sixfold increase in Continue Reading
