Tanzania has a well-developed and diverse financial services sector, with a number of large domestic and multinational lenders present, and a rate of financial inclusion that exceeds that of most other large economies in Africa. However, in line with major markets elsewhere on the continent, just five bodies account for roughly half of total assets. 2017 was a challenging year for Tanzania’s...
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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.
Economic update | Argentina recurre a los mercados de capital para financiar las reformas
1 Jun 2018
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.
Articles & Analysis | Regulatory changes set to strengthen financial services in Sharjah from The Report: Sharjah 2018
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-...