What Has 2017 Meant for Africa's Economies?
27 Jun 2017
Falling on their feet
"A strong economy creates opportunities and inspires more people to start new businesses. In much the same way, a strong economy encourages existing businesses to make new investments to grow and expand. Our goal is simple – to build the most business-friendly and people-friendly economy in Africa; one that will create jobs and prosperity for all Ghanaians..." Read More
Despite the challenging economic environment, the industry remains adequately liquid in local currency terms. The core liquid assets of Egypt’s lenders, made up of cash held and deposits with the central bank and foreign banks, accounted for 23% of total deposits at the end of November 2015, according to Bank Audi. This figure represented a healthy increase on the 19% liquid assets to total deposits ratio seen at the close of 2014, and is comfortably above the 20% limit established by the regulator, the Central Bank of Egypt (CBE)... Read More