…seen rising to $107bn in 2025
African banking revenues have neared the $100 billion mark for the first time, with returns on equity outpacing the global average, McKinsey said, highlighting the sector’s growing economic importance and concentration in a handful of markets.
In a new report, th
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Bunmi Bailey
Bunmi holds a degree in Economics from the University of Lagos and has over eight years of experience in content writing and journalism.
Her career spans roles as a financial and business journalist at BusinessDay Media and TechCabal, and as Head of Research at SBM Intelligence, an Africa-focused market intelligence and strategic consulting firm.
She also served as Editor at Finance in Africa, a subsidiary of Businessfront and is currently Assistant Editor, Finance (Africa), at BusinessDay.
