Thursday, August 16, 2012

Mobile banking contributing to rapid growth in Africa

While U.S. and European banks suffer hangovers from the Great Recession and continued shock waves inside the eurozone, banks in Africa have never looked stronger or been more ambitious.

Why is it a continent always portrayed in the media for political instability and foreign aid, is riding a banking boom characterized by aggressive pan-African expansion and swelling balance sheets?

(More: An African idea about to go global)

The surprising fact is Africa’s poor represent a vast

More details here...

No comments:

Post a Comment