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GBSN Adviser Speaks on Consolidating Africa’s Banks

Arnold Ekpe, Chairman Atlas Mara and Honorary President, Business Council for Africa speaks with This is Africa Editor Adrienne Klasa about the potential need for bank consolidation in Africa’s major markets. Ekpe acknowledges that with an excess of banks, suffering markets and currencies under pressure bank consolidation is a logical option. Despite successful conversations with bank owners and recent acquisitions, the most important challenge is bypassing bank regulators. The former GBSN board member also shares his opinion on what role Atlas Mara has in moving toward bank consolidation in markets like Kenya and Nigeria.

Watch the full interview here.