Managers of Wealth Africa

MayFair Bank cuts 3rd-quarter loss to Sh170m

“The bank is on course to breaking-even in 2019,” chief executive Raminder Bir Singh said in a statement.

Leadership is crucial in attaining Africa’s investment potentials

Dr Adesina said the AfDB, through AIF and its partners, would accelerate private sector investments in Africa through a combination of project preparedness and development, policy environment, project bankability and investment promotion.

Nigeria's Fidelity Bank to Boost Profit by Spending on Tech

Bank has already increased tech spend by around 40% this year

First Bank reiterates commitment to ethics, corporate governance

He stated that the bank was desirous of passing ethics on to the youth

Big increase in number of South Africans looking to take money out of the country

In light of these factors, Smith said that investors were understandably looking at international options, such as efficient overseas property investments, to help build and safeguard their wealth.

African Development Bank, International Financial Institutions Launch First-ever Co-Guarantee Platform

This initiative, the first of its kind and being promoted by the Bank, was signed on the first day of the Bank’s inaugural Africa Investment Forum in Johannesburg.

Standard Bank urges Brazilian firms to tap Africa market

We have yet to see what key measures the new government will take on foreign policy

Push for Africa Investments: Finance Institutions Join Forces to ‘Deliver As One For Africa’

The Bank estimates the continent needs between US$130 billion and US$170 billion a year to fund its critical development needs.

Getting Africa fit for the future with impact investing

This drive for new investment opportunities on the continent is also being fuelled by global factors like Brexit and the trade wars

Could banking sector in Uganda shrink to five?

This has coincided with changes in top executive posts in some of the country’s lenders.

Chinese Bank Considers Buying African Infrastructure Debts

However, for Chinese financiers, developers and multilateral development financial institutions, this will offer further opportunities to make money from the continent.

Investors’ Bright Future in Africa

For decades, risk, or at least the perception of it, has been a major impediment to Africa's efforts to attract foreign investment

Now may be a good time to buy SA government bonds: analyst

Sankar noted that returns are favourable and that CPI has averaged 5.7% since the implementation of inflation targeting.

Africa Investment Forum: All Set To Swing Investments Into Africa

The Government of South Africa, the African Development Bank and several multi-lateral development partners are hosting the Forum expected to become a key springboard for investment and an annual event.

Richest woman in South Africa

It does not matter the manner in which some of these women have acquired their wealth, as some have worked for it while others have inherited it.

Mugabe’s Actual Wealth Exposed

We can only presume that Leo Mugabe made several million us dollars, at least, from the deal.

Bankers see dark days ahead for the shilling

The shilling last Thursday clawed back some lost ground closing at 102.05 to the dollar to stand at a nine-month low.

Tier-1 Banks Record Modest Q3 Growth amid Shrinking Economy

Bamidele Famoofo presents the scorecard

Lessons from other bank collapses around the world

From South Africa, we have an investigators’ report on VBS Mutual Bank, which was placed under curatorship, the equivalent of receivership, in March 2018 after experiencing liquidity problems.

Nigeria, most entrepreneurial market in Africa, Middle East, Asia — STUDY

The study revealed that in Nigeria 41% of emerging affluent consumers say that starting their own business is a strategy to meet their financial goals and increase their wealth; this compares to an average figure of just 27%.

Comment, Analysis & Research