Across Africa, banks are expanding, but unfortunately their returns are not. Many banks are promising high returns as they expand across Africa. The main attraction of the continent’s banking market is that it is vast and virtually untapped. Banking penetration among Africa’s billion inhabitants varies significantly from nation to nation, but many people in countries like Senegal and Tanzania have virtually little access to banks.
These banks are expanding their network and are willing to take risks. Here is a brief overview of the top 10 richest banks in Africa by assets