Banks play a crucial role in the efficiency of an economy by allocating funds from savers to borrowers, at ideally, the lowest cost available in a given market. Banks are critical for facilitating financial inclusion in developing economies. Financial inclusion is imperative for poverty reduction and inclusive economic growth. Considerable economic and demographic variations across African countries have translated into vastly different banking sectors per country.
This section highlights and analyses the main institutional investors on the continent, including the sources of capital and the size and depth of these various pools of capital.
learn moreMost retirement income in Africa is funded by its governments, but pension coverage on the continent remains low compared to the rest of the world.
learn moreThe African insurance industry is largely underdeveloped when comparing it to the rest of the world, with its gross premiums written (GPW) accounting for 1.56% of global GPW.
learn moreDevelopment finance is critical to meeting Africa’s needs, but access to international financial markets hamper funding of developmental objectives.
learn moreAfrica’s considerable economic and demographic variations have translated into vastly different banking sectors per country.
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