Managers of Wealth Africa

Co-op Bank ventures into global money transfer deal

The deal will see Co-op Bank customers send money to a foreign bank account or mobile number.

Here’s how much the average South African owes on their credit card

Serious-level delinquencies – accounts three or more payments past due – increased across all major consumer credit categories as consumers continued to experience financial stress.

Absa Group and its CEO Win Big at the Global Brands Magazine Awards 2020

The Global Brand Awards is an annual event held by Global Brands Magazine

Early debit orders in December draw fire – but SA banks say it’s ‘standard practice’

South African banks have come under fire for processing debit orders earlier than usual in December.

African Development Bank and 11 MDB’s to Launch Report on Financing the Sustainable Development Goals

It showcases examples of how their financing directly contributes to advancing SDGs that empower people, protect the planet, foster prosperity for all, and develop sustainable quality infrastructure.

Nedbank’s adapt-or-die approach pays off

The impact of the Covid-19 pandemic has resulted in a tilt in our strategic focus since the lockdown started towards the end of March.

Afreximbank Lists Eight Nigerian Banks among Trade Finance Intermediary Initiative

It explained that in line with its charter and mandate, Afreximbank delivers its products and services with and through central banks, commercial banks and other eligible bank and non-bank financial institutions.

Co-operative Bank of Kenya partners with Thunes to rollout Co-opRemit - a New Global Money Transfer Solution

Co-opRemit streamlines the process of real-time money transfers particularly within Africa

Intra-Africa trade key to cushioning the blow of trade tensions and external shocks, says Afreximbank

Africa’s share of global trade was 2.7% in 2019, below the 4% figure of the 1970s

Access Bank : Recognized as the 'Best Digital Bank In Africa' 2020

This award serves as an encouragement for us to consolidate our efforts towards becoming a truly digitally-led bank.

Treasury plans Sh100bn SME loans cover entity

This scheme will ultimately be anchored in a private company owned jointly by banks and government.

KCB, Kiambu ink Sh1.3bn youth firms financing deal

More than 5,000 Kiambu residents are expected to benefit from the financing deal.

Co-operative Bank of Kenya partners with Thunes to rollout Co-opRemit - a New Global Money Transfer Solution

Customers may send money directly to a foreign bank account or mobile number, and money transfers through this platform will bear no extra charge beyond the tariff thus offering full transparency on forex fees.

Kenyan banking industry’s outlook positive despite pandemic

Kenya’s banking industry is expected to remain stable and resilient despite the negative effects of the COVID-19 pandemic, according to a new central bank report released on Friday.

ETI records GH¢150 million profit in third quarter of 2020

Total assets also went up by six percent to GH¢139.4 billion in the third quarter of 2020.

CBG MD, Daniel Wilson Addo named Most Respected CEO at Ghana Industry Awards

With over twenty-four years’ extensive experience in banking, he has worked with many banks in and outside Ghana and has contributed significantly to the growth of the banking industry in Ghana.

The outlook for South Africa's top 4 banks: ABSA, Nedbank, FirstRand and Standard Bank

Assessing the economic outlook, broker ratings and target prices for these securities, as well as the technical trading view for these shares.

Co-operative Bank of Kenya Limited -- Moody's takes ratings actions on 32 banks in Africa following update to country ceilings methodology

Rating Action: Moody's takes ratings actions on 32 banks in Africa following update to country ceilings methodology

TymeBank and IDEMIA Collaborate Towards Increased Security and Convenience in Customer Card Issuance

As the world leader in Augmented Identity, IDEMIA has a proud track record of providing a trusted environment enabling consumers to perform their daily banking activities.

African banks' non-performing loans to potentially double, Moody's warns

Rising pressure on African governments caused by the coronavirus pandemic is also weighing on banks, the report added as creditworthiness was "inextricably linked" to the financial strength of the government in the country where the lenders are

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