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Banking, Finance, Stock Market And Insurance

Banking, Finance, Stock Market And Insurance

Africa is today one of the most vibrant global economies – rising up from the slums of aids, and on the back of robust banking, finance and insurance sectors.

Africa; with the financial institution giants, AfBD, Afreximbank, ECO Bank, the continent is beginning to empower more diversified financial sector routes that are currently undergoing rapid expansion and growth. The BFSI sector comprises commercial banks, Financial and Non-banking Financial Companies, Stock Market, Mutual Fund and insurance companies and other smaller financial entities.

The financial sector in Africa is predominantly a banking sector with commercial banks accounting for more than 70.3 per cent of the total assets held by the financial system.

Another crucial component of India’s financial industry is the insurance industry. The insurance industry has been expanding at a fast pace.

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