Microfinance in Africa: Challenges and solutions

PUBLISHED: Wed, 18 Jul 2018 14:30:24 GMT

Africa’s micro-finance industry currently has a gross loan portfolio of over $8.5 billion, reaching a consumer base of 8 million people. This is however not without its shortfalls in financial inclusion and structural challenges. Mkhululi Ncube, Head of Credit for Banks and FIs at ABSA Group Ltd joins CNBC Africa to break this down.


Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.