One of East Africa’s largest economies and most popular tourist destinations, Tanzania is reputed for its stability in the region. Its extractive wealth, favourable climate for agriculture, and natural assets such as Mount Kilimanjaro and the Serengeti National Park have helped it build a relatively high rate of growth over the last decade, averaging 6-7% per year.
The Financial Sector Development Programme (FSDP) 2020, which was approved in early May, aims to expand the capacity of financial services firms to meet the financing needs of Vision 2030, Saudi Arabia’s long-term national development plan.
Nigeria has strengthened efforts to improve its foreign exchange (forex) liquidity with the announcement of a multibillion-dollar currency swap deal with China.
Las vastas reformas al marco regulatorio de los mercados de capital de Argentina podrían fomentar nuevas inversiones en el país, en un momento en que el gobierno busca financiar el desarrollo de infraestructura.
With 45 commercial banks operating in the UAE, according to the country’s central bank, and a national population of 9.27m, according to World Bank figures for 2016, the Emirati financial services market is often described as overbanked and in need of consolidation. Pressure for such consolidation is increasing as intensifying regulatory...
Sharjah is home to four local banks and two insurance companies, with a banking market that is characterised by significant minority government ownership stakes in several key players, as well as a tendency for local banks to eschew the retail and small and medium-sized enterprise (SME) markets in favour of larger corporate and government-...
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