Risk Management

Cover Story: African finance caught in global crosswinds

Strong trade winds are blowing throughout Sub Saharan Africa. Pushing companies forward are rising oil and commodity prices, but throwing the continent’s businesses off course is a deterioration of trust after a spate of defaults and the end of cheap credit globally. 

Cypriot banks claw back from the brink

The banking system in Cyprus was plunged into chaos at the beginning of the decade, but heavy restructuring and aggressively tackling non-performing loans is helping lead the country’s lenders out of the wilderness.