Managers of Wealth Africa

Ecobank Carts Away Two Key Awards at 2021 BAFI Awards

The strong demand for our bond shows the international appetite for the Ecobank franchise in Nigeria

Zenith Bank: Surmounting Headwinds

Confidence Rebounds in SA as Consumers Embrace eCommerce & Contactless Payments

The findings highlight significant changes in attitudes to eCommerce following the impact of COVID-19

UBA’s $300 Million Eurobond Oversubscribed

The lender in a statement yesterday revealed that the targeted $300million Eurobond attracted an order book of $520 million, representing 1.7 times oversubscription.

Six Banks Generates N64.27bn Maintaining Customers Current Account

The apex bank explained that CAMF is not applicable to savings accounts, stressing that a negotiable subject to a maximum of N1 per mille.

Bank of Kigali profit up 33% on income rise

Net interest income grew by 20.52 percent to Rwf99.56 billion ($96.67 million) from Rwf82.61 billion ($80.21 million) in the period while non-funded income increased by 41.73 percent to Rwf31.59 billion ($30.67 million) from Rwf22.28 billion ($21.63 milli

Orient Bank Rebrands to I&M Bank (Uganda) Ltd

The rebranding is the latest step in an operations overhaul which has been ongoing for the last one year.

First Bank Unveils Fully Automated Self Service Branch

"The FirstBank Digital Experience Centre is piloted by the Bank’s remodeled Adetokunbo Ademola branch, Victoria Island."

UBA: Core Banking Operating Segment Supports Growth in Profitability

Interest expense declined by 12.7per cent to N114.44 billion in nine months of 2021 from N131.12billion in nine months of 2020 as the bank recorded substantial moderations across the various liabilities categories.

Kenyan banks eye 1.3 billion–person Africa market

KBA says local institutions ready to support African Continental Free Trade Area.

Access Bank Partners Art X to Promote African Contemporary Arts

Art X Lagos is an annual event designed to showcase the best and most innovative contemporary art from the African continent and across the globe.

Ghana: 'Banking Remains a Game - Changer'

Delivering his address at the FBNBank@25 gala night Dr Adeduntan indicated that "banking has remained a game changer for West Africa since the 1890s when it was introduced into the sub-region.

FNB receives global recognition for championing women entrepreneurs

FNB recognised by the Global SME Finance Awards 2021 in the Best Bank for Women Entrepreneurs category

Equity Bank signals plan to buy stake in local rival

The Nairobi Securities Exchange-listed lender unlike most tier-one banks has never acquired any lender in the local market, growing through increased customer base and physical branches.

How Tanzania's mid-level banks fared in 2021 first three quarters

The list also has NCBA, Mkombozi Bank, Maendeleo Bank, Amana Bank, Ecobank, First National Bank, DCB Commercial Bank and Bank of Baroda.

Is Kenya Ripe for Open Banking?

The digital transformation has also enabled credit-only providers offering digital loans to consumers over their mobile phones to enter the market.

Banking remains a game-changer – Banking expert

Dr. Adeduntan mentioned that the late 1890s also witnessed the birth of the First Bank of Nigeria, adding that “for over 127 years, the First Bank of Nigeria has remained committed to this role, ensuring responsible support through generations to th

Wema Bank Posts Strong Growth in Q3, Grows Profit by 136 Percent

Unity Bank more than doubles its income tax, paying N973.857 million in 2021, up from N412.862 million in 2020.

Kenyan banks tighten rules to cover risks in real estate

It is estimated that over $37.1 billion worth of securities held by big banks are tied in the real estate amid reports that the value of some properties have dropped.

Unity Bank Posts N36.18bn Gross Earnings in 9 Months

The bank’s Profit Before Tax for the period under review grew by 23 per cent to N2.11 billion from N1.71 billion in the corresponding period of 2020.

Retail Banking