After the crisis in the Nigerian banking sector in 2008 and 2009, UBA's capital base has grown sufficiently to fund projects in areas such as electricity and oil and gas.
- Thursday, 05 December 2013 10:23
The chief executive of South Africa's Eskom is to step down in March, departing the state-owned utility at a time when it is struggling to avoid blackouts that would hit industries and homeowners.
- Friday, 15 November 2013 13:59
- Nicholas Norbrook
Lamido Sanusi's tenure as governor of the Central Bank of Nigeria was spent on reforms that saw a renewal of international confidence in the West African country's banking system. He talks to The Africa Report about the legacy he would like to leave behind.
- Thursday, 07 November 2013 18:45
- Nicholas Norbrook in Washington D.C.
The debt limit talks and potential for default in Washington DC will not take the world to the brink of another financial crisis. Donald Kaberuka President, African Development Bank warns that a repeat of the 2008 crisis could lead to some countercyclical responses.
- Tuesday, 05 November 2013 12:54
- Marshall van Valen
United States-based technology firm IBM is launching a lab in Kenya to work on researching technological solutions to development problems. Kamal Bhattacharya, the director of IBM Research-Africa, argues that tech companies must be based in Africa and work closely with government to find solutions to development problems.
- Wednesday, 30 October 2013 17:54
- Patrick Smith
Delonex Energy, backed by private equity firms and the International Finance Corporation, plans to make an impact in the East and Central African oil and gas sectors.