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What would higher interest rates mean for African banks?

Aside from commodities, one area that could feel some discomfort in Africa this year is financial services.

In an atmosphere where the dollar continues to strengthen and inflation rises, many analysts are saying several central banks will have to increase interest rates significantly.

But what does that mean for the big pan-African banks like Ecobank? The bank's chief executive, Ade Ayeyemi, recently spoke of "looming headwinds ahead". So, the 成人快手's Russell Padmore sat down with him and asked him what higher interest rates would mean for African banks like his.

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Duration:

6 minutes