Managers of Wealth Africa

No Plan to Remove Paul Usoro from Board—Access Bank

Mr Usoro is a member of the board of Access Bank Plc and when his issues with the EFCC was ranging

Chad: AfDB President pledges deeper cooperation for energy sector

The Bank will provide budgetary support to Chad in 2020 and 2021

Latest low-fee, digital accounts shake up South African banking

Both African Bank, a small lender which was rescued from collapse just five years ago, and Standard Bank said customers could open the new accounts without going into a branch.

Absa migrates digital channels from UK to South Africa

We are proud to have executed them successfully, as part of our broader separation programme which will be completed in the next year.

Five banks launch Sh30,000 SME loans

“Small and mid-size enterprises are the lifeblood of any economy, but many have struggled to secure the necessary financing to continue operations in the current economic climate,” said CBK governor Patrick Njoroge during the launch of the pro

Equity, KCB fight for continental honours

“The banking industry is itself being disrupted by technology and has embraced this technology to develop solutions that truly benefit the real economy.

HF Group borrows Sh1.9 billion at 18pc

HF also holds a short term loan facility of Sh516.3 million from fellow listed lender NIC Bank , for which it is paying interest at 14 percent per annum.

Ecobank records sterling performance but defers dividends payment

The bank's financial statements for the 2018 financial year shows sterling performances against the backdrop of a turbulent banking environment last year.

Kenya's KCB Group sees acquisition of NBK sealed by October

The combined entity could attain a return on equity of 26.9% in 2023 said KCB, which had a return on equity of 23% last year.

Banks must leverage technology to remain competitive – Access bank CEO

He noted that banks in Nigeria have done well so far but the future holds a lot more than what has been experienced.

Impact of financial sector reforms will be felt long-term — BoG

The vulnerabilities in the banking sector have been addressed through a recapitalization process and regulatory reforms geared towards introducing efficiency in the way business is conducted.

Ecobank Ghana drives cash-lite agenda with Ecobankpay launch

"Ecobank's vision is to decentralise banking, where customers can access banking at the comfort of their homes or any location, without physically coming to the bank," she said.

These are the most complained-about banks in South Africa

Standard Bank, which was the most complained-about bank last year, has dropped to fourth position this year – while Absa, which was fourth, drew the most complaints out of all the banks in 2018.

South African Retail Sales Rise at Slowest Pace in Four Months

The median of seven economists’ estimates was for 0.6% growth. Sales contracted 0.7% from a month earlier, it said.

Attijariwafa Bank launches Africa Development Club in Egypt

He stressed that Egypt is the first destination for foreign investments in Africa, pointing out that the presence in Egypt is the most important investment of the group in Africa due to its distinguished geographic position

Stanbic Bank launches ‘Power of Choice Proposition’

Mr Mensah explained that “the Stanbic concept to attain financial independence is framed around a context of how people make money, spend it, save and invest, and share and leave a legacy.”

Kenyan banks go for African market

Top Kenyan banks, namely Equity Group and Kenya Commercial Bank (KCB) Group, after conquering the Kenyan market, and extending to the larger East African Community countries, are now following in the footsteps of their South African and West African peers

Retail Banking