Managers of Wealth Africa

5 top Nigerian banks declare 10% drop in profit to N3.58trn

As gathered by WESTERNPOST, the reported N3.58trillion profit before tax revealed that Zenith Bank remains the most profitable bank in Nigeria, followed by GTCO.

GTBank Ghana opens new branch in Ho

This expansion underscores the bank’s commitment to bringing world-class financial services closer to individuals and businesses across Ghana.

Parallex Bank Boss Honoured with Lifetime Achievement Award

As the pioneer Managing Director/CEO of Parallex Bank, he has led the institution to remarkable growth, steering it from inception to profitability in under three years.

Market Stall Millionaire: How Fidelity Bank GAIM 6 Transformed My Life

In this interview, Ogbonnaya who is from Delta State, narrates how winning the promo changed her life. Oluchi Chibuzor presents the excerpts

Absa to Acquire Standard Chartered's Retail, Wealth Business in Uganda

The transaction forms part of Standard Chartered's broader plan to streamline its African portfolio and focus on corporate and investment banking.

8 Nigerian banks book N1.96 trillion impairments in 9 months of 2025 – See list

The apex bank has since flagged banks still under forbearance for “close supervisory engagement.”

UBA reports 26% growth in shareholders’ equity on strong earnings

The bank’s gross earnings rose by 3 per cent year-on-year to N2.47 trillion, up from N2.40 trillion in September 2024, while net interest income increased by 6.2 per cent to N1.17 trillion.

Fidelity Bank named Bank of the Year at 8th Ghana Business Awards

This historic treble solidifies Fidelity Bank’s position as Ghana’s definitive financial powerhouse; to bank, invest, work with, and benchmark against.

African Banking Giants Zero In on Kenya as Capital Rules Spark Acquisition Rush

This policy, aimed at strengthening financial system resilience, has put pressure on undercapitalized banks and triggered a wave of merger and acquisition activity.

StanChart to sell Ugandan wealth and retail banking business to Absa

Absa Bank Uganda will take over Standard Chartered’s retail and wealth management portfolio in the country, while the Asia-focused bank will retain its corporate and investment banking arm there.

Unlocking South Africa’s payment revolution through smart regulation

Rather, regulatory authorities should focus their efforts on what happens once money enters and leaves the South African digital transaction domain.

Ghana lifts suspension of UBA’s FX trading licence after one month

Bank of Ghana cites compliance, remedial actions for reinstatement decision

Absa and Nedbank tread where Capitec and FNB fly

Banks have been rolling out value-added service products as a means to retain clients and woo new ones

Fast-growing South African retail giant to open 35 new stores

In its financial results for the six months ended, Boxer said it was on track to achieve its target of opening 60 new stores full-yearly.

What G20 payment reforms could mean for South Africa’s international money transfer industry

The G20 Roadmap for Enhancing Cross-Border Payments, adopted in 2020, is intended to make money transfers faster, cheaper and more transparent within seven years.

Africa’s Top 100 Banks 2025: the full list and our analysis

Our annual survey of Africa's top 100 banks reveals that the continent's sector is holding its ground, if not performing spectacularly.

African trade bloc COMESA launches digital payments system

The new platform, known as the Digital Retail Payments Platform, is starting off with trials between Malawi and Zambia, COMESA said

Wegagen Bank Reports Record Birr 13.5B Revenue, Launches Ethiopia’s First Private Investment Bank

Pre-tax profits surged 73% to Birr 3.85 billion, as the bank marked a turning point not just in numbers but in strategic direction — embracing fintech, inclusive banking, and capital market leadership.

Capitec is different

This is an astounding achievement, especially when considering the difference in total income and assets under management between the two banks.

FirstBank on track to meet recapitalisation threshold

There is also hope for FirstBanks branches that were shut down as a result of armed robbery or banditry.

Retail Banking