Blazing the African banking trail

The most significant statistic to come out of Africa in recent times is 6%. That is the rate at whic...

The most significant statistic to come out of Africa in recent times is 6%. That is the rate at which development agencies say the continent is growing economically, and the consensus is that it will stay that way for some time to come - and may perhaps even nudge a few points higher. The reasons for this include Africa not seeming as war-crazy as it was not long ago, dictators being fewer on the ground, and a real effort being made by an increasing number of countries at transparency and governance. There is more. The Organisation for Economic Co-operation & Development (OECD) said the...