The inadequate supply of electricity, for example, leads to increase in production costs thereby rendering products expensive. Most of the existing legal infrastructure that is vital for the enforcement of competition laws, bankruptcy and other commercial laws are weak and inadequate. Rule of law, property rights, among others must therefore be firmly rooted to provide the enabling legal environment for Africa’s development.
For this, it is of utmost importance that the Directors keep themselves updated with material changes in the bank’s internal environment as well as the  4  external factors that have a bearing on the bank. A balanced combination of skills, diversity and expertise commensurate with the size, complexity and risk profile of a bank is what will drive it towards sustainable resilience.