Africa’s Banking Sector MOVING ALONG WITH THE FLOW?
not much has been done to support the manin- the-street. African-based banks and insurance companies with Pan-African ambitions have the potential to transform the lives of millions of consumers across the continent. Their identified markets are the under-banked sector, i.e. lower income people, and the under-insured, both areas are still relatively unexplored, except in South Africa.
Risk vs Reward
The faint-hearted or risk-averse companies need not apply. Reasons
