African countries have responded positively to the need to develop domestic financial markets to protect economies from external shocks, OMFIF’s 2022 Absa Africa Financial Markets Index reveals. Even as challenging market conditions weighed on performance in the index, 19 of the 26 countries improved their scores relative to last year. This was largely due to […]
The African Continental Free Trade Area (AfCFTA) has been touted as the supercharger of Africa’s long-term economic success. Here, Bohani Hlungwane, Group Head of Sales, Trade and Working Capital, Absa, looks back at the journey so far, and assesses what still needs to be done. There is little doubt that the recently launched African Continental […]
Toronto – Surecomp today announced that South African bank Absa Group has gone live with the latest version of its back-office trade finance solution IMEX in 10 countries across the continent as part of their ongoing digitisation initiatives. A Surecomp customer since 1998, Johannesburg-based Absa Group has seen an unprecedented rise in demand for its […]
From political instability to FX illiquidity, investing in Africa is not without its challenges. However, with untapped markets, high growth rates and a young population with an increasing spending capacity, investment opportunities on this vibrant continent are also in abundance. So, how do European firms navigate this unfamiliar territory? Ultimately, it’s those who sow the […]
In this interview, CJ Giddy, International CEO, Absa Securities UK Limited, a part of the Absa Group, one of Africa’s largest financial services groups, talks to Eleanor Hill, Editor, TMI, about the growth of the African economy, its position in the global marketplace and the opportunities that this vast and diversified continent offers to investors. […]
