Managers of Wealth Africa

Letshego Lists New Bond Series on Ghana Fixed Income Market

The listings are part of the company’s larger GHS 500 million medium-term note program, a move designed to raise capital and offer new investment opportunities.

Absa CEO aims for retail expansion in South Africa

The new CEO also intends to expand the bank's market presence across its 11 African countries.

Absa Group Reports Strong Interim Earnings Growth

Absa Group has released its Q2 earnings.

Absa’s continental footprint now drives a third of group earnings

Analysts say Absa’s revenue mix mirrors Standard Bank, where continental operations are increasingly driving profitability.

Fidelity Bank strengthens regional media engagement to deepen customer education

Mr. Amponsah explained that Fidelity Bank, as a wholly-owned Ghanaian financial institution, considered the fortunes of the nation directly tied to its own success.

In bank boss merry-go-round, there’s only one clear winner

One bank has run rings around the others in growing a ‘dream team’ of talent.

Absa Business Banking Selects Network International to Drive Digital Payments Innovation Across Africa

Network will provide Absa Business Banking with end-to-end payment processing capabilities through a single payment platform and fully outsourced managed services model.

South African banks poised for resilience amid economic challenges - Fitch Ratings

Fitch estimates the effective tariff rate of 18.6% versus the nominal 30%, due to exemptions.

Standard Bank has bad news for South Africa

In South Africa, global uncertainty and local political developments dented confidence and negatively impacted the growth outlook.

South Africa: Pick n Pay partners with Capitec for in-store banking across 1,400 locations

Pick n Pay also offers one of the lowest flat fees for store-to-store money transfers in the country

ABSA, Republic Bank, Bank of Africa Lead Table with Cheapest SME Loans in Ghana

The report explains that the APR is the real measure of loan cost, which includes interest rates, fees, and charges into one figure.

Jeremy Awori on how AI and fintech are transforming Ecobank

Two years into his tenure, Ecobank CEO Jeremy Awori takes stock of his GTR agenda and the place of tech and AI in the bank's future.

Top 10 banks offering the most competitive loan rates as borrowing costs decline

They reflect both the influence of the Ghana Reference Rate and lending strategies of individual banks.

Big banks back Schreiber’s smart ID and passport service drive

The collaboration with Home Affairs will scale the existing bank partnership from 30 branches across five banks to 1 000 branches by 2029.

Banks lead credit bureau activity as enquiries double in 2024 – BoG

The report attributes the overall rise in credit bureau activity to a surge in digital lending and stronger compliance with data submission requirements.

Mumuadu Rural Bank posts remarkable growth in all indicators

By this, the Board of Directors has congratulated management and staff on the remarkable profit growth and have therefore been urged to work assiduously towards increasing the Bank’s profitability to increase shareholders’ investments.

Ghana’s Decade-Long Bad Loan Struggle Demands Urgent Fix, Expert Warns

This ongoing crisis stifles lending, pushing up borrowing costs for businesses and individuals when the economy needs investment most.

Absa Bank Unveils 10 Boreholes Nationwide

The project sits under Absa’s Force for Good agenda and targets underserved communities with clean, reliable water.

ARB Apex Bank Assets Surge 84% Amid Digital Banking Boom

The surge was fueled by a 73.66% deposit influx to GH₵2.11 billion, enabling aggressive investments in government bills and a 104.87% expansion of its loans portfolio.

Nedbank to focus on growth points in Africa

Nedbank announced the board had given the green light to pull out of its 21% shareholding in Ecobank Transnational Incorporated, a partnership entered into a decade ago that paved the way for clients to access more than 2,000 branches in 39 countries.

Retail Banking