Banking & Capital – Issue 132

Description

The first edition of our new weekly publication is here.

For years, African finance was defined by foreign institutions. That era is ending. As global banks step back, African bankers, regulators, and founders are absorbing the risk, financing the deals, and building the architecture that the continent’s economy now depends on.

This edition introduces the people remaking continental finance — Sim Tshabalala, who runs Africa’s largest bank from Johannesburg; James Mwangi, who built East Africa’s most consequential financial institution from Kangema; and Jeremy Awori, who is routing Africa–China trade around the dollar from Lomé.

Plus: an investigation into how political money still moves between Nigerian banks and the global financial system, and a closing essay on the founders coming home to build.

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