Managers of Wealth Africa

Cedi strength cuts Societe Generale Ghana's bottom line as profit after tax dips 28%

Net trading income, however, more than doubled to GH¢122.3 million, providing a crucial buffer against pressures elsewhere.

Rothschild & Co receives two major awards from The Banker

The judges highlighted our impressive reach across emerging markets, advising on a significant number of transactions and delivering transformative deals, including sovereign restructurings from Sri Lanka to the Bahamas.

Ethiopia Adds Fourth Investment Bank as ECMA Licenses Awash Capital

The latest authorisation brings the total number of licensed capital market service providers in Ethiopia to 13, and the number of licensed investment banks to four, as the country continues to build out its nascent capital market industry.

Nedbank CIB crowned Best Investment Bank in SA – three years running

Award reinforces the institution’s role as a trusted partner.

Goldman, Investec see room for three SA rate cuts in 2025

Inflation has now been below the 4.5% midpoint of the South African Reserve Bank’s target range, where it prefers to anchor expectations, since August.

Full List of 17 Licensed Investment Banks Operating in Kenya

Investment banks mainly work with large corporations, institutional investors, and government agencies.

SA banks holding their own against offshore lenders, says BDO

Standard Bank’s Luvuyo Masinda expects R700bn in public-private investment over the next three years

CardinalStone Partners Limited Completes Acquisition of Radix Pension Managers

Following the acquisition, Radix Pension Managers Limited has been rebranded as CardinalStone Pensions Limited, marking a new era of growth and innovation in pension fund administration.

4 banks call it quits in South Africa in 2024

The French bank was permitted to conduct business as a bank in South Africa using a branch in 2012, allowing it to offer corporate and investment banking services.

FBNQuest Asset Management Wins BAFI Award Excellence

The award ceremony, celebrated the outstanding achievements of financial institutions across Nigeria, highlighting those that have demonstrated innovation, excellence, and unwavering commitment to quality service.

HSBC leads as MENA’s top earner in investment banking fees

HSBC was followed by Standard Chartered ($56.5 million) and First Abu Dhabi Bank ($56 million) in the league tables

HSBC mulls South African exit as European banks pull back

The lender has roots in Asia and has pledged to simplify its global structure, amid a general European retreat from Africa's banking sector.

JPMorgan Aims to Expand in Africa and Scandinavia

And a report Wednesday from Reuters notes that CEO Jamie Dimon plans to travel to Kenya, Nigeria, South Africa and Ivory Coast next month to boost the bank’s expansion in Africa.

African Development Bank At 60: “Today, as in the past, you are part of Africa’s transformation” - Akinwumi Adesina heralds commitment shown by Bank staff in building its thrilling history

The Bank’s entire ecosystem plays a part in each project.

Banks get R80m in fees as Pick n Pay raises R4bn

Ackerman Investment Holdings subscribes for 64m ‘rights offer shares’ at a total value of more than R1bn.

ECOWAS Bank commits to inject $200m into Ghanaian economy

It noted that the agreement epitomises EBID’s unwavering dedication to fostering economic growth

President William Ruto Advocates for $25 Billion Replenishment of African Development Fund, Highlights Impact on Kenya’s Development

African Development Bank’s Adesina reiterates commitment to invest more in Kenya.

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