Tag: African Banks

Absa eyes yuan platform amid booming China-Africa trade
BusinessGlobal News

Absa eyes yuan platform amid booming China-Africa trade

China’s growing trade ties with Africa are pushing some of the continent’s biggest lenders to rethink how cross-border payments are handled. As businesses search for faster and cheaper ways to pay Chinese suppliers, banks are beginning to look beyond the U.S. dollar.  Absa Group, the Johannesburg-based financial services provider, is among the latest lenders considering a direct link to China’s…

Oluwatosin Alao Oluwatosin Alao
African banks with most branches
BusinessHot News

Top 15 largest banks in Africa by assets

Africa’s largest banks drive economic growth, anchoring trade, credit, and resilience across sectors with deep assets and cross-border strength.

Feyisayo Ajayi Feyisayo Ajayi
Equity Center, Nairobi, Kenya.
BusinessExclusiveHot News

Equity Group, valued at $1.4 billion, is the leading lender in East, Central Africa

This reflects Equity Group’s effective regional diversification strategy, with nearly 50 percent of earnings now derived from operations outside Kenya.

Omokolade Ajayi Omokolade Ajayi