Reuters Summit - African consumer stands tall amid commodity boom

Soaring commodity prices are boosting African economies and state budgets, but strong growth on the poorest continent is much more deep-seated than just bumper revenues from ores and oil. A study by consultancy Bain & Company released this week suggests the continent's financial services will grow by 15 percent a year over the next decade, and account for nearly 20 percent of regional output in 2020, from 11 percent now.