Managers of Wealth Africa

Kenya’s Economy Projected To Grow At 5.7pc In 2021

Kenya successfully applied for the debt service suspension initiative from the Paris club earlier this month.

COVID has worsened inequality even as the rich thrive: Oxfam

Rising inequality means it could take at least 14 times longer for the number of people living in poverty to return to pre-pandemic levels than it took for the fortunes of the top 1,000, mostly White male, billionaires to bounce back.

Illicit financial flows hinder development in Africa – the UN must rise to the challenge of ending this

IFFs are strongly linked to corruption, which can be orchestrated by the rulers themselves.

Nigeria’ll suffer from debt overhang if not careful – Chukwu

Nigeria slipped into a recession in the third quarter of last year. What do you think the economic outlook would be this year?

Gold extends decline on dollar strength as stimulus faces debate

Bullion down about 4% this year.

Islamic finance could reach $3.7 trillion in 2024, an opportunity for Africa

The takaful (Islamic insurance) sector is the last one with a share of 3% for only $51 billion of assets.

Organizing for the future: Nine keys to becoming a future-ready company

The pressure to change had been building for years.

Speech by Dr. Akinwumi Adesina, President of the African Development Bank Group at the One Planet Summit, Great Green Wall Investment Summit, January 11, 2021

The Great Green Wall is part of Africa’s environmental defense system — a shield against the onslaughts of desertification and degradation

Informal sector represents 30% of Morocco’s GDP- Central Bank study

Nearly 3 million jobs are threatened by the informal production units which have the advantage of low production costs, according to Morocco’s employers’ association CGEM.

The richest people in South Africa at the start of 2021

The world’s 500 richest people added $1.8 trillion to their combined net worth this past year and are now worth a combined $7.6 trillion, according to the Bloomberg Billionaires Index.

South African economy to rebound in 2021: World Bank

The decline in per capita income is expected to set average living standards back by a decade or more in a quarter of Sub-Saharan African economies.

Africa: Economic Year in Review 2020

In particular, many developing countries on the continent have comparatively weak health care infrastructure, leaving them exposed to pandemics.

Nigeria’s economy to grow by 1.1% in 2021 – World Bank

The World Bank expects growth in Nigeria to resume at 1.1% in 2021 but fears the rebound could be affected by lower oil production due to quotas.

Zimbabwe: Business Rejects Latest Strict Lockdown Restrictions

Economist Prosper Chitambara said the impact on new restrictions on businesses will be "very adverse" and urged authorities to reconsider their decision urgently.

Nigeria: Kogi, Katsina, Bauchi, Others Record Low Domestic Debts in 2020

The research according to the online platform was largely sourced from documents released by the Debt Management Office (DMO) which was further analyzed and made public.

Nigeria: AfCFTA Will Boost Nigeria's Export - Report

The study, which was carried out by the Centre for Petroleum Energy Economics and Law (CPEEL) at the University of Ibadan, in conjunction with Equilibria Consult, however, estimated that Nigeria's government revenue would decline by 0.21 per cent wit

2020: A Year of Resilience and Innovation for NSE

Stakeholders have certainly reaped the benefits of The Exchange’s efforts over the course of 2020, evidenced by increased activity in the market.

GCC businesses need to pursue Keyman Insurance

Keyman Insurance could play a vital role in ensuring business continuity and profit sustainability in the Gulf region, especially during challenging environment, especially like the current Covid-19 crisis

East Africa: After Covid-19 - Reviving Ruined Economies Using Limited Resources

Economists at Allianz SE, Germany-based multinational financial services company

Nearly half of Kenyans earn below Sh30,000

The number of workers earning less than Sh30,000 has grown in last five years from 1.2 million workers to hit 1.34 million at end of last year, with the pay inequality wider among national government employees.

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