Managers of Wealth Africa

FNB Denies Involvement in $3.6-Billion Cryptocurrency Scam

“We regret to inform you that due to the recent breach in our system, client accounts, client wallets and nodes were all compromised,” a statement from the Cajee brothers read.

Eversheds Sutherland combines with FCB in Portugal, Angola and Mozambique

70+ strong legal practice joins Eversheds Sutherland’s Europe team

Fed-up South Africans are taking more municipalities to court over failed service delivery

Mboweni added that there are now similar court applications which Treasury is dealing with across South Africa, with at least six other municipalities facing calls for intervention.

Brian Shivambu Admits Profiting in South African Bank Scandal

Between 2015 and 2018, VBS Bank, which had several municipalities investing its money in it, was at the centre of the biggest banking "heist" in the country's history with over U.S.$136 million looted from its coffers.

Mauritius: roadmap to enforcing claims against offshore companies

These offshore companies fall into two categories, namely ”global business companies” (GBCs) that carry out certain activities (mostly financial services or investment holding businesses) principally from Mauritius but with non-residents, and

Carey Olsen successful in first ever derivative claim brought on behalf of a Liberian company in the British Virgin Islands

Carey Olsen acted for the successful Claimant.

Clyde & Co advises Premier Solar Group on East Africa joint venture with West African energy firm

Clyde & Co acted as sole legal adviser to Premier Solar Group on various aspects of the matter

Appleby Acts as Seychelles, Cayman Islands and Jersey Counsel for Allied Gold Corp’s USD80 Million Acquisition of Agbaou Mine from Endeavour Mining

Endeavour Mining is one of the world’s top ten senior gold producers and the largest in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration a

Invest Africa and DLA Piper partner to support ESG best practice in African renewable energy projects

The project will assemble experts from the worlds of impact investment, development finance and law.

Ayo Technology imperilled as court rules FNB case not urgent

Faces having its bank accounts closed on 3 May.

Appleby Lawyers Recognised in Legal 500 Europe, Middle East & Africa Rankings

Legal 500, one of the leading international legal directories has published its Europe, Middle East & Africa rankings with the firm retaining its Leading tier 1 position.

Dentons launches coveted Nigeria combination with female-led law firm

ACAS-Law's outstanding reputation as a leading service provider, coupled with Dentons' global reach, creates the primary gateway to connecting worldwide services to Nigeria-based clients and companies.

Independent escrow and treasury intermediary support vital during financial restructuring

Typically, many parties, often with differing objectives and agendas, are involved.

South African exchange control – relaxation of loop structures

The level of disclosure required needs to be balanced against any potential tax and estate duty savings and most importantly whether the return on the investment outperforms current returns on invested funds.

Ex-Ecobank manager seeks Sh200m in suit

The charges were that they committed the offence between March 26, 2015 and September 18, 2015 at the bank's headquarters in Nairobi.

Auctions return as loan defaults hit 13-year high

The share of defaulted loans has increased from 12.7 per cent last February to 14.5 per cent—the highest ratio since July 2007.

Third party funding in South Africa litigation

TPF is permitted under South African law due to case law precedent.

REFILE-UPDATE 1-Swiss supreme court reverses freeze on Angolan tycoon's $900 mln fortune

Personal asset freeze was among largest in Swiss history

Millionaire beggar arrested; she owns luxury car, flat: Morocco Police

The woman would park her luxury car out of sight before begging for money.

Norton Rose Fulbright acts on landmark REIT investments in Kenya

The first REIT is a development REIT aimed at developing affordable student housing in Nairobi, while the second is an investment REIT focused on holding investment-grade, stabilized assets.