Managers of Wealth Africa

Debt demon looms again over Africa

An IMF-World Bank programme launched in 1996 has to date approved $76 billion (68 billion euros) in external debt relief for 36 of the world's heavily indebted poor nations, of which 30 are in Africa.

Revived African Bank has its work cut out to find a sustainable strategy

Next week marks the culmination of one of the most challenging projects that our financial regulators have yet taken on: the official relaunch of African Bank as an independent, standalone entity.

Deloitte 2016 Middle East TMT Predictions: Virtual reality to become a billion dollar niche

Governmental organizations will continue to maintain and promote a private cloud deployment due to regulatory requirements and a conscious decision to protect confidentiality and integrity of classified information.

Tough year for MENA Fund Managers

The sector has risen from a few hundred million dollars at the turn of the century to more than $4bn at the end of 2015.

Young banking sector ‘progressing fast’

Wegagen Bank President Araya G. Egziabher looks at this dynamic sector and discusses how private banks will be catalysts in attracting foreign investment.

Multilateral Development Banks deliver value to Africa

The development financing role of multilateral development banks in emerging and developing countries is becoming more prominent and should be bolstered by the New Development Bank BRICS which officially opened its doors recently.

Fidelity Bank gets capital injection from UK equity firm

Fidelity Commercial Bank has received Sh1.9 billion from Duet Private Equity for regional expansion and to shore up the bank’s core capital.

Burundi tops the 13 unhappiest countries on Earth list

Aiming to "survey the scientific underpinnings of measuring and understanding subjective well-being," the report, now in its fourth edition, uses six components to rank 157 countries by happiness levels.

Robo-Advisors Are Disruptive, but Hybrid is Much More: It’s Transformational

In the recent report Robo-Advisors: The Hype, the Reality and the Future, published on February 29th by Gartner, Chuck Thomas notes the difference between digitization and digitalization applied to Wealth Management services. Our vision on what the future

Survey: Kenyans pay more for banking services

Kenyans are paying more to access banking services, a new survey shows.

Banks increase willingness to lend

This means that banks have become more willing to lend to businesses in October 2015 as compared to June 2015.

'People in Mauritius richest in Africa, Zimbabweans poorest'

North African countries such as Algeria, Egypt and Morocco all rank high on the list despite recent instability

Too-Close-to-Call South Africa Rate Move Puts Kganyago on Spot

With the economy threatened with recession and inflation above the 3 percent to 6 percent target, economists and traders are divided on Thursday’s interest rate move.

Emerging market debt - a class of its own - Van Eck

To maximise the opportunities in emerging market debt, Van Eck takes an unconstrained approach to EM hard currency, EM local currency, and EM corporate debt.

Emerging Markets-South Africa extends losses in pre-Fed emerging asset retreat

The rand touched two-week lows against the dollar after Tuesday's 2.6 percent fall

Straight Talk: Democratised lending is coming

Emerging market investment has reversed in the past few years, driven by declining oil and commodity prices, the slowdown in China and volatile political climates.

Moody’s team set for SA mission

Standard & Poor’s (S&P) and Fitch are due to hold their next ratings review on South Africa in June.

Barclays may be the first of many SA exits

The South African rand is also close to a 2016 high.

Kenya: Rich Kenyans Splash Millions On London Property

According to Mr Shirley 24 per cent of Africa's Super-rich plan ditching the continent in the next decade for personal security, political issues and to access higher quality of education, health and life.

Africa could be next hub for super wealthy individuals: report

Executives were upbeat that wealth creation in Africa will accelerate despite risks associated with insecurity, global inflationary pressures, climate change and political uncertainty.

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