Adebowale Oluwafenmi: Africa Bank Earnings and the Geopolitical Divergence

Africa’s banking sector generated approximately $107 billion in revenue in 2025, surpassing the $100 billion threshold for the first time, with a return on equity of 19% in 2024 and an estimated 17% in 2025 — roughly double the global average of approximately 10%, according to McKinsey data cited by Reuters on March 31, 2026. […]

Adebowale Oluwafenmi: Africa Bank Earnings and the Geopolitical Divergence
Africa’s banking sector generated approximately $107 billion in revenue in 2025, surpassing the $100 billion threshold for the first time, with a return on equity of 19% in 2024 and an estimated 17% in 2025 — roughly double the global average of approximately 10%, according to McKinsey data cited by Reuters on March 31, 2026. […]

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