Refilwe Moloto, Founder and Principal Advisor at Ambassador Advisory says Africa's financial services sector has been identified as the fastest growing by the McKinsey's 2016 Lions II on the Move.
At 5.4% growth per year, it’s the fastest of them all.— Refilwe Moloto, Founder and Principal Advisor, Ambassador Advisory
Moloto says the financial services can broken down into banks, insurance, and investment companies.
She says the countries identified as growing at the 5.4% are the least developed countries in Africa. She adds that the growth will emerge through the development of banking systems.
Take a listen to the rest of the Business in Africa report in the clip below:
This article first appeared on 702 : [LISTEN] Business in Africa unpacks financial sector growth on the continent