Managers of Wealth Africa

Total secures Africa's biggest debt financing with LNG deal

French oil major raises $15bn from lenders to develop project in Mozambique

Making the COVID moment count

Most governments’ economic responses to COVID-19 have been aimed at preserving the status quo and facilitating a return to normal.

IFC backs NSIA with €25m

In February 2020, IFC invested in a XOF40bn ($67.5m) securitization program with NSIA.

US authorities move to seize ex-Gambia dictator's mansion

Jammeh acquired at least 281 properties during his time in office and operated more than 100 private bank accounts directly or through companies or foundations in which he has shares or an interest

18 airlines seek restart funding from Central Bank of Nigeria

Airlines that have submitted their documents for CBN restart funds include Dornier Airlines, OAS Helicopters, Omniblu Aviation, Quorum, Allied Air, Top Brass, TAL, ANAP Jets, West Link, Jed Air, Executive Jets, Kings Airlines and First Nation Airways.

FirstBank: Empowering Staff; Driving Productivity Against the Odds

The first-tier lender last Friday promoted a crop of its staff across all levels in a rare show of corporate resilience in the banking industry and beyond, both locally and across the borders.

Eximbank signs $100m sublease contract with African bank to boost bilateral trade, investment

The agency will co-host an online-based seminar on July 30 to provide information to African companies to help them expand trade with Korean counterparts by using the sublease contract.

NCBA shuts 14 branches on Covid-19, merger

“On April 1, 2020, the bank announced the temporary closure of eight branches in response to Covid-19. After careful consideration, we have decided to permanently close seven of these branches."

Crown Agents Bank and Paycode pair up to better serve African unbanked

The two companies noted that they share a common mission: making payments to and from frontier markets easier, faster, more secure and cost-effective.

Stay vigilant against these 5 data security risks

Even with the pandemic still going strong, finance needs to remember good data hygiene to prevent expensive breaches.

Stay vigilant against these 5 data security risks

Even with the pandemic still going strong, finance needs to remember good data hygiene to prevent expensive breaches.

Tropical bank managers sacked over fraud - BoU

The stories in the media are misleadingly stating that they quit because the bank is bankrupt.

FSCA publishes the Conduct Standard for Banks: a torch bearer for the COFI Bill

The issuance of the Conduct Standard under the Financial Sector Regulation Act, 2017 (“FSRA”) is in line with the FSCA’s policy imperative to regulate the conduct of banks in South Africa

The Conduct Standard for Banks and how it will support the 6 Treating Customers Fairly principles

A financial customer must be assisted by banks to do what is requested.

Conduct Standard for Banks and amended Code of Conduct: rules for advertising non-insurance financial services

The Amended COC and the Conduct Standard were published with the aim of promoting the principles of Treating Customers Fairly

Backing AfDB’s new growth phase with quality leadership

Africa Development Bank (AfDB) is at the heart of the continent’s development.

Swisspartners exits single markets in Africa, South America and Turkey

While the company is hiring in Geneva and Zurich, some of the services it provides in these two cities may no longer be needed.

Botswana central bank seeks law to preserve shrinking sovereign wealth fund

Plans to limit a regular dip into the Pula Fund, which has reserves equivalent to 7% of GDP, comes at a time when Botswana’s diamond revenues - the main source of the fund - are likely to fall sharply due to the impact of the coronavirus.

EBRD approves membership of Algeria

If Algeria did become an EBRD recipient country, the Bank would seek opportunities to support private sector competitiveness, promote sustainable supplies of energy and enhance the quality and efficiency of public services in the country.

ANC to set out vision for post-Covid-19 economy

The ANC’s paper comes as business also lays out its economic plans

Regulation,Tax & Compliance