Thu. May 6th, 2021

The Diaspora

He that beats the drum for the mad man to dance is no better than the mad man himself. – African proverb

African World News

Featured African Country : Tanzania


Around the continent

Akon & China

Visit Rwanda!


The Africa they don’t show you


Banking

The African banking industry produced some of the highest returns on equity anywhere in the world in 2019, in some cases vastly outperforming their counterparts in more developed economies. Among the more dramatic examples are three of Global Finance’s 2020 Best Bank award winners: BNI Madagascar, with an ROE of 43.6%; Fidelity Bank Ghana, at 32.0%; and Zenith Bank in Nigeria, at 23.8%. For comparison, US banks’ average ROE has hovered in the range of 3% to 12% for the past decade, according to the Federal Reserve Bank of St. Louis.

List of African Countries by GDP


Music from the diaspora…