Nigeria, March 19 -- Professor Benedict Oramah's recent articulation of Development Commercial Banking is very compelling. According to him, Development Commercial Banking is ". a careful blend of investment banking and commercial banking aimed at delivering three outcomes, namely positive socioeconomic impact to society, as well as solid financial returns and goodwill to the bank."

Professor Oramah is the president and chairman of the Board of Directors of Afreximbank - an important African financial institution. His statement on Development Commercial Banking is weighty, strategic, and timely, and I will tell you why!

Over the years, I have spent some time intellectualising the role of business, particularly banking, in Africa. Initia...