Shaikh: African banks must ‘adapt or die’

Chief Executive Officer of Anthemis – an investment and advisory firm focused on digital financial services, Nadeem Shaikh, has said banks have to get comfortable with the fact that they are good at some things and bad at others. Shaikh stated this during a panel discussion at the Mastercard Foundation’s 2017 symposium on financial inclusion in Accra last weekend.   Africa remains home to the largest proportion of unbanked people (estimated to be over 60per cent in sub-Saharan Africa at last count). As a result, the region has seen the…

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