Managers of Wealth Africa

Absa of South Africa Revamps Banking Management to Diversify

“It’s got a very strong commercial performance mindset.”

Double-blow to hit South Africans in the coming months: Nedbank

The bank added that a significant improvement in household finance will be achieved with higher employment growth

Absa overhauls executive to diversify management

The lender is also breaking up its retail and business-banking division, which has been its biggest driver of revenue.

Kenya: SMEs Urged to Embrace Bank Loans to Boost Their Growth

It brought together the government, businesses in the private sector and entrepreneurs together in order to find a common ground to find financial solutions after the effects of Covid-19 pandemic.

Ecobank named Best Trade Finance Bank in West Africa

The award comes as recognition of Ecobank’s solutions for domestic and regional supply chain financing across key trade corridors

Corps Members to Get N10m Business Grant in Unity Bank Corpreneurship Challenge

The Corpreneurship Challenge, which has earned the financial institution national recognition for its impact on youth empowerment and job creation

South Africa is introducing a new banking payment system this year

“The payment industry under the leadership of the Payments Association of South Africa (PASA) and BankServ Africa has developed the legal construct, namely the formation of the payment clearing house and the establishment of the RPP scheme.”

The cheapest and most expensive credit accounts in South Africa

With so many credit options to choose from, it can be confusing to know what you get out of each account, how much they cost, or even whether or not you qualify in the first place.

DTB signals higher dividend payouts

DTB’s upcoming dividend, totalling Sh839 million, represents a payout ratio of 21.4 percent.

African Development Bank chief announces set up of youth investment banks

For Africa and all Commonwealth countries, the real issue is we have to create youth-based wealth.

Debtors to pay Access Bank, EcoBank, 10 others N23.9tr

The banks disclosed this in their financial report for the year ending December 31, 2021 submitted to the Nigerian Exchange Group and obtained by Ripples Nigeria on Thursday.

Jaiz Bank to Open 5 New Branches

He said the bank which started business activities with only three branches in Abuja, Kaduna and Kano in 2012, now have a total of 45 branches across the country.

Nigerian banks pay N163.58 billion as salaries in Q1 2022

The banks combined had paid N609.2 billion as personnel expenses in the 2021 full year

Alain Nkontchou: ‘Ecobank ranks among the top 3 in 15 African countries’

A great connoisseur of African markets and an entrepreneur who wears many hats, Alain Nkontchou

AWIEF And African Development Bank’s AFAWA Join Forces To Increase Access To Finance For Women SMEs

The two-year programme will create a profitable pipeline of investable businesses ready to access finance.

Absa sees positive growth in first half of 2022

As expected, non-interest income growth improved materially, rising by low double digits year-on-year.

FirstBank: More recognitions, awards for outstanding contributions

This global recognition is one the local banking industry and indeed the whole nation can be proud of as it puts Nigeria on the world map of countries with longstanding and stable banking sectors.

Sterling Bank to sustain growth

These represented 20.2 per cent increase in profit after tax and 4.8 per cent increase in gross earnings respectively.

KCB takes 77pc stake in merged Rwanda lender

KCB had acquired the majority stake in BPR from institutional investors Arise B.V. and Atlas Mara Limited.

Standard Bank forging ahead despite worsening economic environment

The group said in sub-Saharan Africa, higher food, fertiliser, and fuel prices had started to drive inflation upwards. Higher inflation had prompted monetary tightening.

Retail Banking