Africa’s credit problem is a lack of reliable data

BusinessDay | 28-09-2026 06:03am |

Africa's credit market presents a paradox that policymakers and financial institutions can no longer afford to ignore. Banks have capital, but a lack of reliable data hampers credit access. The article argues that Africa's credit problem is fundamentally a lack of reliable data. This data gap prevents banks from accurately assessing risk and extending credit.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.