Managers of Wealth Africa

Nigeria’s private sector credit to GDP jumps to 13%

Nigeria’s private sector credit to GDP ratio rose to 13.5% as of the third quarter of 2020

Unity Bank Nigeria Plc projects profit of N312 million in Q1 2021

Unity Bank Nigeria Plc has projected a Profit After Tax of N312 million for Q1 2021.

South Africa still has room to move before it looks at printing money

Speaking at an HSBC conference at the end of November, Cassim said that many central banks, particularly in advanced economies, had to largely resort to quantitative easing (QE) with ‘speed and vigour’ to stimulate their economies.

Banking sector remains viable despite Covid-19 bloodbath

“The group’s common equity tier 1 ratio was 13.2 percent at the end of September, up from 12.6 percent at the end of June.”

Banks’ credit assets hit N19.5tn as NPLs decline

Three-month electronic payment was N319.995tn

South Africans are poorer after lockdown, data shows

The decline in net wealth can be ascribed to a decrease in the real value of households’ pension funds and investments, the researchers said.

Women and Tech: Still a love-hate relationship?

Anie Akpe next emphasised on the wide prevalence of certain cultural norms in Africa that have been the obstacles restricting women from aspiring to be ambitious.

How to reignite Africa’s growth and avoid the need for future debt jubilee

Both the International Monetary Fund (IMF) and the African Development Bank (AfDB) forecast a sharp decline in aggregate growth because of the global health crisis.

Nobel Week Dialogue: Africa’s recovery from COVID-19 will depend on its ability to mobilize resources - Adesina

Nobel Dialogue Week 2020 featured an international array of experts and leaders

Lenders see credit growth on surging demand for loans

In the CBK survey, however, large banks were less optimist in lending, projecting a growth of 6.5 per cent. These lenders control the lion’s share of the credit market.

Global Islamic Finance Assets Expected to Hit $ 3.69 trillion in 2024

Islamic finance assets increased 14 percent to US$ 2.88 trillion in 2019, the highest recorded growth for the industry since the global financial crisis

As Ghana heads to the polls, What's to expect of the 2020 election ?

In terms of the efficiency, in terms of compilation of the register and following the procedures, they have even published the voters register for the first time on their website

Saxo Bank 2021 Outrageous Predictions: The Future is Now

With a shared ledger structure, any content alterations would immediately be visible to everyone, and every news item is always traceable to its original source, suppressing misinformation that other sources can’t verify.

Startups: go local first, or head offshore? [Opinion]

On the one hand, South Africa still has great infrastructure and offers the potential to be one of the highest growth markets in the world.

President’s Remarks at the 5th Annual Meeting of the Africa Economic Zones Organization (AEZO) December 3, 2020

The African Development Bank has been very responsive in supporting countries to address the pandemic in Africa

Private companies growth slowest in five months

“Reintroduced curfew measures meanwhile led to a drop in client demand at some businesses, while lockdowns in Europe curtailed growth in foreign new orders.”

Survey Shows Acceleration of Sustainable Investing

The survey gathered insights from 425 investors in 27 countries

In Post Pandemic, Business that will stand out and survive are those that are able to innovate at speed of thought – CEO Okonkwo

Its current CEO Nnamdi Okonkwo, who has occupied his role since 2014, will be handing over the reins to Nneka Onyeali-Ikpe, who will join a short but illustrious list of women at the top of African banks.

Banks worried about another lockdown in South Africa

For Standard Bank Group Ltd., the continent’s largest bank, the rollout of vaccines could take time and the risk of “pandemic fatigue” may cause safety lapses during the holidays.

Charts Showing Ghana’s Banks Are Rebounding Slower Than Economy

Annual credit expansion slowed to 13.7% in October, the lowest since January 2019.

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