African Financial Sector News
Although it experiences strong economic growth, Africa is struggling to attract Private Equity (PE) and international investment capital.
Islamic finance could represent - within three to five years - between ten and 20 per cent of Morocco's banking system, according to Standard & Poor's economic analyst Mohamed Damak.
Rwanda could issue its second Eurobond as early as the beginning of next year, according to Finance Minister Claver Gatete.
Equity Bank - with nine million customers in Rwanda - announced on Thursday (October 16th) that it plans to introduce American Express cards in the country.
BIC Bank is now offering insurance services in Angola under the brand BIC Insurances.