Managers of Wealth Africa

The money has nowhere to go – Badu Aboagye urges banks to channel funds into private sector growth

He insists that government’s retreat from heavy borrowing leaves them with only one viable path — to support real businesses.

Four top banks closing ATMs across South Africa

Card payment devices have become more affordable thanks to companies like iKhokha and Yoco, which have proven popular with smaller businesses.

40 years on, Ecobank emerges as Africa’s best bank

Ecobank's transformation is proof that the dream of our founders not only endured; it thrived.

African Bank posts steady operational gains as diversification strategy enters next phase

The bank shifted from a monoline lender in 2021 with 1.2 million customers, to a diversified player serving 6.3 million customers.

Trust is the new currency – Fidelity Bank’s Atta Gyan challenges corporate leaders to anchor governance in ethics

Corporate executives are the custodians of ethical culture within their organisations

Fidelity Bank posts N366.1bn earnings in Q3’2025

Other Interest Income more than doubled, rising from N13.0 billion in the corresponding period of 2024 to N34.2 billion.

Q3 2025: Fidelity Bank grows interest income by 33%, fee income by 47%

The results show impressive performance across key income lines and operational metrics.

A calculated cut: Sarb eases interest rates

As inflation anchors at 3%.

Kenya’s new crypto law faces stress test as Bitcoin ATMs appear in malls

CoinATMradar data indicates that there are currently only two reported Bitcoin ATMs in Kenya.

Capitec under siege

The profits of the new venture would be split between the retailer and Investec, which focuses on high-net-worth individuals in South Africa.

New international bank coming to South Africa

Revolut said Magomola brings long-standing experience in finance and governance

Access, Zenith, FirstBank Lead as 9 Nigerian Banks Post N14.7tn Interest Income in 9 Months

Interest income, as defined by the Corporate Finance Institute, refers to the return a company earns from lending activities, whether through customer loans, deposit placements, or investment in fixed-income instruments.

H1’25: Fidelity Bank grows gross earnings by 46% to N748.7bn

Highlights of the financial results which was uploaded on the Nigerian Exchange Limited

Standard Bank Delivers R1.92bn Equity Financing towards Africa’s Largest Hybrid Renewable Energy Cluster

The proceeds are underpinned by H1’s 49% interest in the Kenhardt hybrid battery and solar risk mitigation projects, which collectively represent Africa’s largest hybrid renewable energy cluster and ranks among the world’s largest.

Tharisa signs new $130 million debt facility with Absa and Standard Bank

The facility comprises a four-year term loan of US$80 million and a revolving ZAR900 million (US$50 million) credit facility.

Beware banks’ steep instant payment charges

You could be charged as much as R50 when paying someone R3 000.

African countries need strong development banks

How they can push back against narratives to weaken them ….

Nine banks pocket N14.7tn interest income in nine months

The financial results of Access Holdings revealed that the HoldCo led in absolute figures, as its interest income rose by 21.11 per cent to N2.90tn from N2.39tn in Q3 2024.

Employment rises in banking despite digitisation

The large banks include First National Bank, Absa Bank Botswana, Standard Chartered Bank Botswana and Stanbic Bank Botswana, while the smaller banks include Access Bank, Bank Gaborone, Baroda, First Capital Bank and BBS Bank.

The end of cash as you know it in South Africa

At the same time, banks are also closing hundreds of branches and ATMs as they move towards digital banking.

Retail Banking