06/25/2014
The outflow of offshore funds from Nigeria which accelerated at the beginning of the year has all but ceased, as investors pile back into the country, which is one of the top frontier markets by weighting on the Morgan Stanley Capital International Index.
06/20/2014
As coming regulatory changes, which will reduce costs for fund members and increase compliance standards, spur industry consolidation.
06/17/2014
"Africa is the fastest growth region for private banking globally," said Andrew Amoils, senior analyst at the New World Wealth. "We estimate the African private banking market will grow by 8% per annum over the next 10 years."
06/12/2014
Niche financial services group Peregrine Holdings on Wednesday reported a return to profit for the year ended March, thanks to a strong performance by its wealth management division, Citadel.