Why Zimbabwe missed Africa’s top 100 banks list for the second year

Zimbabwe is among the two African nations — alongside Zambia — that are again absent from the Top 100 African Banks 2025 list, according to African Business Magazine.

Theannual ranking, which measures banks’ financial strengthbased on Tier 1 Capital — the sum of a bank’s core equity, reserves, and retained earnings — features banks from 20 African countries, including the Democratic Republic of Congo, Togo, Mozambique, Côte d’Ivoire, Angola, and Gabon.

According to the London-based IC publication, Zimbabwe’s exclusion stems from years of economic shocks, hyperinflation, and currency instability that have eroded the balance sheets of local banks and diminished investor confidence.

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