Britain’s top banks are pulling out of Africa and casting doubt on the economic growth prospects of a continent that has been riding on the narrative of ‘‘Africa Rising’’ for more than a decade.
UK’s financial conglomerate Atlas Mara Ltd (ATMA), which had acquired banks in seven African countries, is at the tail end of exiting the continent.
For more information, please see https://www.theeastafrican.co.ke/tea/business/british-banks-exit-africa-over-risky-investments-3598880
