Managers of Wealth Africa

Why men never reveal to wives how much they earn

The authority says it is facing the uphill task of reuniting the money with beneficiaries because the deceased kept financial information away from their spouses and beneficiaries.

MMM in Ghana, Blamed for Financial Misery in the Country

Reports of a new investment scheme called the Mavrodi Mondial Movement have recently emerged, under which clients are promised a return of 30 percent in less than a month.

Kenyans hope for improved material wealth — Ipsos poll

The poll sent out yesterday shows that saving more money, getting a job and building or buying a house were the most frequently mentioned hopes, which, combined, attracted half of all respondents.

Islamic banking witnessed slow pace in Arab region during 2016

By 2017, the total volume of Islamic Finance Industry is expected to be $2.7 trillion. Indonesia, Malaysia, Turkey, Pakistan, UAE, Qatar, Saudi Arabia, Kuwait and Bahrain are prominent where the contribution of their total assets of Islamic banking is 82

2017 will prove to be best year for industry

It is expected that the total volume of Takaful industry will reach up to 25 billion dollar till the end of 2017.

Africa: Modest Recovery Expected for African Economies After Tough 2016

Resource-rich economies like Nigeria, Angola and Mozambique foundered. Nigeria battled its highest rates of inflation in 11 years.

Nigeria: Reserves Rise By U.S.$860 Million, Hit U.S.$25.4 Billion

Forex reserves are money or other assets held by a central bank or other monetary authority, which can be used to pay for a country's liabilities.

On The Ground In Africa

Africa is part of the set of emerging frontier economies with huge growth potential

Could SA’s built-in legislative accountability save it from a downgrade?

Within politically stable markets, investors are looking for cheaper valuations and an ability to pace a rally in commodity prices.

Germany's focus on Africa for 2017

Nonetheless Africa still has a firm place on the German political agenda.

Interview: Russia’s business and investment opportunities in Africa

The implementation of projects can be possible with the introduction of public-private partnerships

Tax structures hinder Nigeria REIT growth

Edu says of the property companies listed, UACN Property Development Company and the UPDC REIT have the most diversified investment portfolio which include hospitality, office, residential, retail and hospitality assets.

Africa Is Working Towards Gold Mandela By 2063

Some experts think that it’s “impossible”

Can New Financial Technology Help South African Banks Manage Rising Bad Debt?

The agency picked FirstRand as the best placed among the country’s four largest banks to weather the upcoming economic slowdown and resultant increase in bad debts.

Nigeria: 2016 - Difficult Year for Nigeria's Capital Market

As it was the case in 2015, investors returned to another locust era with many of them seeking for a haven in the fixed income securities.

Is the worst of Africa’s downturn really over?

The AfDB forecasts continental growth of 3.5% this year, rising to 3.7% in 2017 and 4.2% in 2018.

Citi sees business growth coming from GCC reforms and Africa opportunities

The structural reforms that include strengthening of public finances, diversification of economies, building of industrial bases and greater private sector participation across GCC comes with huge demand for funding.

Islamic Banking Products and Challenges in Nigeria

In January 2012, the Central Bank of Nigeria granted Jaiz Bank an approval in principle to operate as a regional interest-free bank in northern Nigeria.

Zimbabwe runs out of its new money

Bank queues began last April when Zimbabweans discovered US dollar cash was running out. The government slapped import bans on many products, mostly from South Africa, and commercial banks started limiting the amount its account holders could withdraw per

The growth of Islamic financing in Africa's infrastructure

Funding Africa’s huge development needs has long represented a big challenge.

Comment, Analysis & Research