Economic information from Africa
african-banks-top-100-billion-in-revenue-but-profit-gains-mask-structural-gaps

African Banks Top $100 Billion in Revenue, but Profit Gains Mask Structural Gaps

African banking revenue surpasses $100 billion, with strong profitability Growth driven more by favorable conditions than operational...
Stéphane Richard joins MTN board as independent non-executive director Appointment signals focus on...
Read more |  1 April 2026
Estimated resources rise to 1.38 billion barrels of oil equivalent Volumes remain contingent,...
Read more |  1 April 2026
Net profit jumps 117% to $183 million, driven by subsidiaries Lower credit risk and...
Read more |  1 April 2026
Kenya sells 15% stake in Safaricom to Vodacom for $1.8 billion Transaction reduces state...
Read more |  1 April 2026
Zijin secures shareholder approval for its C$5.5 billion ($3.9 billion) acquisition of...
Read more |  1 April 2026
Hormuud Telecom partners with GIZ to expand digital solutions Initiative focuses on cross-border...
Read more |  1 April 2026
World Bank estimates irrigation could generate 218 million jobs in sub-Saharan Africa Irrigated...
Read more |  1 April 2026
Mozambique cuts fuel import bill below $1.15 billion in 2025 Decline reflects weaker domestic...
Read more |  1 April 2026
Malawi University of Business and Applied Sciences introduces two annual intakes to...
Read more |  1 April 2026
Guinea raises mandatory repatriation of mining export revenues to 60–70%, from 50% Government...
Read more |  1 April 2026
Nigeria plans to invest 12 billion naira ($8.6 million) in a national...
Read more |  1 April 2026
AXIAN Energy secured financial close for the 60 MW NEA Kolda solar...
Read more |  1 April 2026
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reddot Finance

The African Development Bank (AfDB) has announced in a statement released on...
Read more |  5 November 2016
Morocco’s leading bank, Attijariwafa Bank, has announced on September 19 that it...
Read more |  21 September 2016
UK’s recent exit from the European Union (Brexit), should impact the economy...
Read more |  15 September 2016
Only eight African countries have been listed among the countries with low...
Read more |  17 December 2015

reddot Public Management

reddot Agriculture

Egypt’s EHCSS secures €12 million EU-backed grant for wheat storage Funding to build five...
Read more |  17 December 2025
As project sponsors, borrowers, lenders and investors gathered at the Africa Investment...
Read more |  9 November 2018
Yesterday, the Moroccan sugar company Cosumar announced that it acquired a 55%...
Read more |  3 October 2018
In Ghana, fees for shipping cocoa to Europe will decrease from 39...
Read more |  2 October 2018

reddot Electricity

Following deliberations last July 25, the African Biofuel and Renewable Energy Company...
Read more |  13 December 2018
The African Development Bank Group, in partnership with the French Development Agency,...
Read more |  26 October 2018
Ghana and Burkina Faso inaugurated the 225 KV power line linking them....
Read more |  8 October 2018
Tanzania will need $3.611 billion to complete the nine power plants and transmission...
Read more |  27 September 2018
The Overseas Private Investment Corporation (OPIC) announced that it provided $25 million to...
Read more |  26 September 2018

reddot Mining

South African miner Harmony Gold said it has successfully produced the 1.1...
Read more |  20 July 2016
AIM-listed Bostwana Diamonds and joint-venture partner Alrosa began exploration at the PL...
Read more |  24 March 2016

reddot Telecom

reddot Comms

In Kenya, Facebook will soon start reporting fake news published on its...
Read more |  5 October 2018
On October 26-27, the second edition of Les Panafricaines, the forum of...
Read more |  4 October 2018
From October 29 to November 1, 2018, Tunis, Tunisia’s capital will host...
Read more |  3 October 2018
Last September 27, Rwanda’s parliament passed a law punishing the caricaturing of...
Read more |  1 October 2018
Reuters just extended its video offers aimed at Africans by launching Africa...
Read more |  21 September 2018
Start Network, a global network of forty national and international humanitarian organizations,...
Read more |  4 September 2018

Copyright Agence Ecofin © 2018. All Rights Reserved.

african-banks-top-100-billion-in-revenue-but-profit-gains-mask-structural-gaps

African Banks Top $100 Billion in Revenue, but Profit Gains Mask Structural Gaps

African banking revenue surpasses $100 billion, with strong profitability Growth driven more by favorable conditions than operational...
Stéphane Richard joins MTN board as independent non-executive director Appointment signals focus on...
Read more |  1 April 2026
Estimated resources rise to 1.38 billion barrels of oil equivalent Volumes remain contingent,...
Read more |  1 April 2026
Net profit jumps 117% to $183 million, driven by subsidiaries Lower credit risk and...
Read more |  1 April 2026
Kenya sells 15% stake in Safaricom to Vodacom for $1.8 billion Transaction reduces state...
Read more |  1 April 2026
Zijin secures shareholder approval for its C$5.5 billion ($3.9 billion) acquisition of...
Read more |  1 April 2026
Hormuud Telecom partners with GIZ to expand digital solutions Initiative focuses on cross-border...
Read more |  1 April 2026
World Bank estimates irrigation could generate 218 million jobs in sub-Saharan Africa Irrigated...
Read more |  1 April 2026
Mozambique cuts fuel import bill below $1.15 billion in 2025 Decline reflects weaker domestic...
Read more |  1 April 2026
Malawi University of Business and Applied Sciences introduces two annual intakes to...
Read more |  1 April 2026
Guinea raises mandatory repatriation of mining export revenues to 60–70%, from 50% Government...
Read more |  1 April 2026
Nigeria plans to invest 12 billion naira ($8.6 million) in a national...
Read more |  1 April 2026
AXIAN Energy secured financial close for the 60 MW NEA Kolda solar...
Read more |  1 April 2026
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