Managers of Wealth Africa

Absa set to empower SMEs through business clinics

The sessions bring together experienced business leaders to share insights and recommendations that address common challenges in the SME sector.

Banking on debt: The ripple effects of short-term debt auctions

The crowding-out effect is a double-edged sword for the business community.

Mauritius Commercial Bank CEO Thierry Hebraud: ‘Africa’s financial sector is at an inflection point’

On the other hand, the financial sector would remain a key driver of growth, with banks pursuing their diversification strategy while contributing to ongoing efforts to uphold the competitiveness of the Mauritius IFC.

Ecobank Hits Record High as Investors Sentiments Improve

Analysts maintain positive outlook on Ecobank group on the back of its earnings diversification and robust balance sheet quality.

Keystone Bank: Story of Resilience, Reinvention, Growth

As Keystone Bank continues to flourish, customers and shareholders alike can rest assured that the bank remains safe, healthy, strong, and resilient.

Equity Bank cuts loan interest rates by largest margin

The new rates are effective February 13, 2025, for new loans and March 1 for existing loans.

Ecobank and Xtransfer partner to streamline cross-border payments for African SMEs

The partnership between XTransfer and Ecobank seeks to address these hurdles by offering efficient cross-border payment solutions.

Bank profits near record P4bn mark

By comparison, the banks collectively recorded after-tax profits averaging P276.8 million over the corresponding period in 2023.

Recapitalisation: Fidelity Bank to raise funds via private placement

That the private placements in Resolution (4) above shall be carried out in conformity with applicable laws and subject to the procurement of relevant regulatory approvals.

Herbert Wigwe’s Impact on African Banking

One of Wigwe’s defining achievements was his ability to expand Access Bank’s footprint beyond Nigeria.

Standard Chartered tops Ghana’s retail banking rankings – KPMG survey

The findings indicate that Ghanaians are prioritizing security, seamless digital experiences, and competitive loan services when choosing their banking partners.

Commercial Bank of Ethiopia Surpasses 1.4 Trillion Birr in Total DepositsEthiopian coffee tours

This performance represents a 147.6% achievement against the bank’s initial targets, underscoring its strong market presence and customer trust.

Commercial Banks Maintain Interest Rate at 19% Despite BoM Cuts

In addition, the mandatory reserve ratio was reduced from 39 per cent to 29 per cent, with the aim of increasing liquidity in the financial system.

Kenya's mobile money transactions fall 17 pct in 2024

This was the first fall in transactions in 17 years.

Ecobank rewards customers with N42m in savings promo

The draws were conducted transparently and witnessed by lottery regulatory authorities.

Access Bank Clinches THISDAY’s ‘Global Bank of the Year’ Award

At THISDAY Awards 2025, Access Bank emerged victorious, surpassing African Export-Import (AFREXIM) Bank and United Bank for Africa (UBA) to claim the coveted title.

Over 900 Winners Emerge in FCMB Millionaire Promo

The first draw, held nationwide, saw four lucky customers walk away with N1 million each, while 900 others received cash prizes up to N50,000.

Capitec announces new fees for 2025

The new structure will also simplify banking fees by introducing reduced prices for key services.

Monster spending spree for consumers in South Africa

Data from BankservAfrica card data showed that South Africans prioritised their spending on the essentials, such as food, other necessities, and transport, over the holidays.

The South African-born banking CEO who was named one of the world’s most powerful women

She was the only member of the Latin department roughly 80 kilometres out of Bulawayo.

Retail Banking