Managers of Wealth Africa

Expanding African footprint is still part of our strategy, says CEO of CIB

A conversation with Hussein Abaza

People are moving on; be part of their normal

After two years of acute economic and social instability, it’s still too soon to say that the COVID-19 pandemic is behind us.

One family office's approach to conservation finance in Africa

Rupert’s family office has enabled her to expand the reach of her work in venture investing and to expand her capacity for philanthropic endeavours.

Over 42 million Nigerian rural adults lack banking services – World Bank experts

They made this disclosure on Thursday on the World Bank’s blog through an article titled ‘Agent banking helps close financial inclusion gaps in Nigeria’.

A rise in CIT collections by FBNQuest Capital Research

The CIT data does not provide a granular breakdown by manufacturing segment.

2021: A year of business reinvention and rebirth

Many firms were exposed by the delay in digital transformation accumulated over the recent years

Fitch upgrades South Africa outlook to stable

The agency expects the economy to grow 4.7% this year, 2% in 2022 and 2.4% in 2023.

African Banks - No Easy Road to Recovery

If this risk materialises, it could change the outlook quite dramatically.

Chief Executive Outlook: Positive for 2022 in spite of concerns

1,700 chief executive respondents from 101 countries believe Supply Chain issues and Inflation will remain major concerns though Revenue and Hiring are up

Straight into the Next Normal: Emerging Stronger from the Coronavirus Pandemic

It all comes back to this eventually, that there is no black and white solution.

How SA banks performed in 2021

Kokkie Kooyman from Denker Capital considers FirstRand, Investec, Absa, Standard Bank, Capitec and Nedbank, together with insurers Sanlam, Santam and Discovery.

Casablanca: Gateway to Africa

French telecoms company Orange last year relocated its hub for the Middle East and Africa to Casablanca, with about 80 employees and their families, from 11 nationalities.

Investment Opportunities in the Post-Pandemic

Combating the informal economy is considered a challenge, but it is being faced by governments through actions such as the modernization and digitalization of processes and procedures of the tax authority in Mozambique.

Standard Bank Drives Sustainable Growth of Africa’s Sugar Value Chain

The sugar industry continues to evolve and investment in supporting infrastructure as well as establishing supportive ecosystems and regulatory frameworks can help improve its global competitiveness and boost yield.

SA’s more digitally interactive banks receive customers’ approval

“Public net sentiment” was the overall customer satisfaction metric, calculated by subtracting all negative sentiment from positive sentiment.

No API, No Party. A new Shakespearean drama?

The creation of these new holistic scenarios leads to the need and opportunity to exploit technologies capable of managing large volumes of data

The Top 5 Most Impactful African Fintechs of 2021

In fact, according to Techpoint Africa, the fintech sector accounted for 54 per cent of startup investments in 2019.

EIB study highlights the impact of COVID-19 on African banks

The new report explores how access to finance provided by banks, microfinance and private equity sectors have been affected and what long-term trends may impact private sector investment.

Nigeria: United Bank for Africa’s diversification protects it from risks, say analysts

Chapel Hill Denham estimates that the bank’s share of pre-tax profit earned from the rest of Africa has increased to 69.2% from 59.1% in 2020.

KCB acquisition of Tanzanian bank flops

The Kenyan multinational lender, with a presence in five East African markets, said the acquisitions reflected its expansion strategy in the regional market.

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