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ReConnect Africa is a unique website and online magazine for the African professional in the Diaspora. Packed with essential information about careers, business and jobs, ReConnect Africa keeps you connected to the best of Africa.
Banking and Finance
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Africa's banking sector has seen a major increase in products, services and regulation in recent years. Some of these services are particularly targeted at non-resident Africans.

In the early 1980's the banking industry in much of Africa was dominated by foreign and state-owned banks, with few commercial banks owned and managed by the African private sector.

Today, wireless and other technological advances have enabled the development of African and international banking and non-banking financial institutions across the continent offering a wide range of services. In some countries, ATMs and credit card payments are widely established, while rigorous banking regulations have resulted in greater confidence for foreign and domestic depositors alike.

Banking services now available through banks for personal banking include:

  • Current Accounts
  • Savings Accounts
  • Internet Accounts
  • Non-resident Nationals Accounts
  • Loans
  • Credit and Debit Cards
  • Term Deposit Accounts
  • Foreign Exchange
  • Transfer and Payments

Services for commercial/business banking now available include:

  • Business Loans
  • Commercial Products (Letters of Credit)
  • Transfers and Payments
  • Internet Banking
  • Foreign Exchange
  • Trade Finance

Find out who offers property services by clicking on the relevant flag.

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