Top stories
Top stories

GTCO, Capitec, and CIB lead the pack on Return on Asset, showing that in African banking, the real winners aren’t always the biggest—but the ones that do more with less.

In South Africa, Eskom has instituted a series of protocols that allow for an effective load-shedding process. This process runs in stages which are reliant on just how much electricity supply is available.
In Africa, GTCO, Capitec, and Zenith are turning capital into profit with ruthless efficiency.

Soaring inflation and weak currencies push young Africans to crypto—but the IMF warns the rush could undercut monetary policy, fuel capital flight, and shake already fragile economies.

The latest figure shows a staggering rise of over 6,000% in penalties compared to last year. The seven banks racked up fines for a range of infractions, from breaches in the forex market to lapses in anti-money laundering regulations
POS agents have become essential to financial access in Nigeria, especially in rural areas. However, rising fees are placing a heavy burden on the very people they were meant to help.

This geographic imbalance is shaped by a complex web of factors: from investment readiness and regulatory stability to infrastructure availability and international partnerships.

In an earlier report, we examined African banks with the highest profits, revealing that Nigerian banks were trailing their counterparts in Egypt and South Africa, despite a year of record-breaking profits for Nigerian lenders. This piece explores which country’s banks performed best in terms of Return on Equity (RoE), Return on Assets (RoA), and Return…
Faced with mounting regulatory levies, a steep rate spread, and the world’s highest cash reserve ratio, Nigerian banks are left with little choice but to shift some of the burden to customers — perpetuating a disturbing trend.
Access to finance is key to both individual and national economic growth. There are 64.9 million Bank Verification Numbers in Nigeria as of January 2025, from 44.5 million in 2021, a 45.8% increase in 3 years. The number of active bank accounts more than doubled in 3 years, from 133.5 million in 2021 to 311.5…

The global market for LNG is changing with the United States and China in loggerhead for dominance. Is there a silver lining for Africa, a continent with abundant gas reserves, to benefit from the ongoing trade war?
Last year, electronic payment transactions soared to a record $702.6 billion, crossing the quadrillion threshold in naira and surpassing the 2023 figure by a whopping 79.6%.
As the US-China trade war deepens, Africa finds itself caught in the crossfire—grappling with imported inflation, falling commodity prices, and rising debt risks. This piece unpacks the continent-wide implications of the unfolding tariff tensions.
As global oil prices tumble and the naira weakens, Nigeria’s inflationary pressures may last longer than hoped.
Africa tackles tax evasion in the ride-hailing sector with new policies, balancing growth, innovation, and fair contributions to the economy.

Trump’s new tariffs are threatening non-oil exports like cocoa and textiles, JP Morgan pulled its support for Nigeria’s carry trade, other stories this week
Non-oil exports from Africa to the U.S. have grown 241% since 2001. That growth is now in danger. Tariffs of 21% on cocoa and 54% on textiles could wipe out years of trade progress under AGOA.

As the drive to generate energy in a sustainable way intensifies, hybrid energy systems (HES) have emerged as a critical solution for supporting industries, transportation, homes, and other sectors crucial for economic growth.
South Africa’s planned VAT increase in 2025-2026 may affect businesses and consumers, with potential impacts on pricing, demand, and investment.
Despite Naira profits hitting record highs, no Nigerian bank made it into Africa’s top 5 by dollar earnings.