Managers of Wealth Africa

South Korea Ready For More Partnership On Africa’s Economic Growth

Some of the range of business options for investments include agriculture, green growth, smart urban transportation management, and numerous business opportunities.

The World Federation of Exchanges Publishes Annual Sustainability Survey

This year’s survey also expanded the section on the United Nations Sustainable Development Goals (UN SDGs) to examine how exchanges are engaging with these targets.

Nigeria Sovereign Investment Authority more than doubled profit at N46.5b in 2018

Also, total assets recorded a growth of 16 per cent to N617.7 billion at year end, showing an increase when compared to the N533.88 billion of 2017.

UN Secretary General, African Development Bank President agree to strengthen ties and push development agenda in Africa

The two heads of institutions met following Adesina’s trip to the United States for the World Bank’s annual Spring meetings held in Washington DC.

Kenya inks $2.23 billion projects deal with China

Also signed was the operation and maintenance service agreement for the Nairobi-Naivasha segment of the standard gauge railway (SGR).

AfDB signs $50m agreement with Natixis to boost trade finance in Africa

The RPA will meet the growing demand of African markets for trade finance in key economic sectors such as agribusiness, health, services and industry.

HARRY JOFFE: The benefits of an offshore endowment policy

What are some of the advantages of using an offshore endowment policy with a South African insurer?

Abu Dhabi Fund To Deposit $250m Into Sudan’s Central Bank

The deposit is part of a $3 billion grant to Sudan announced by Saudi Arabia and the UAE earlier this month.

Zimbabwe scrambles to resolve cash crunch

The country faces a worsening economic crisis and partial liberalisation of the foreign currency regime has not brought a respite.

Credit Suisse Hit With Criminal Complaint Over Mozambique

The Swiss complaint is awkward for Credit Suisse, which has sought to downplay its ties to the oil- and gas-rich eastern African nation.

Motive Labs Forms Strategic Partnership With Standard Bank

Today's deal will also help strengthen our trading relationship with Africa and will go further to fulfil the Prime Minister's promise to be the largest G7 investor in Africa by 2022.

Expats fear expulsion as South Africa moves to tighten job terms

Bonang Mohale, chief executive of Business Leadership SA, an association dealing with government and labour, said the draft was "much shorter and restrictive", removing some sectors like architecture and reducing others like life and earth scie

AU Commission prepares for single market launch in July

The AfCFTA brings together a continental single market, which is expected to increase intra-African trade by 52 per cent come 2022, remove tariffs on 90 per cent of goods, liberalise services and tackle other barriers to intra-African trade.

KCB pays Sh10 in takeover of collapsed Imperial Bank

The regulator shut down Imperial Bank in 2015

South Africa’s Biggest Labor Group May Be Prepared to Discuss Eskom Job Cuts

In June, Eskom had to implement rolling blackouts when workers protested plans for zero pay increases and in February union members picketed at the company’s headquarters over potential job cuts.

Botswana’s high expenditure to boost economy-central bank

Overall, in the short to medium term, Pelaelo said the economy was projected to operate close to, but below the full capacity, thus posing no upside risks to the inflation outlook.

Tanzania denies blocking release of scathing IMF report

Tanzania's Minister of Finance and Planning, Philip Mpango. The minister says its ongoing talks with the IMF were aimed at incorporating Tanzania’s views into the final report before its official publication.

Nigeria Has a New Biggest Bank After Access-Diamond Deal

It still has a way to go before becoming the most profitable bank in Africa’s main oil producer: its first-quarter net income of $112 million trailed Zenith and Guaranty Trust Bank Plc, which each made about $135 million.

Kganyago Says South Africa Central Bank Ownership a ‘Zombie Debate’

The shareholders have no say over monetary policy decisions and the central bank’s mandate -- to target inflation -- is set by the government.

Nigeria: Govt to Develop Framework for Mobilising Revenue From Non-Oil Sector

The president stated that no nation could make meaningful progress without stability

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