Managers of Wealth Africa

Standard Bank layoffs to affect over 500 staff

Standard Bank planned to restructure its IT department due to the introduction of new technologies in the banking sector.

Barclays Named Botswana’s Best Investment Bank

Barclays Bank of Botswana Limited has been named Botswana’s 'Best Investment Bank Year 2018' by Europe, the Middle East and Africa Finance.

Kenya, Zambia face bonds refinancing risks as funding conditions tighten

According to the ratings agency, Kenya, which has international bonds of $750 million and a coupon rate of 5.875 percent maturing in June 2019 and another one in 2020, will prove the most exposed to more costly debt financing.

Sub-Saharan Africa’s investment banking fees hit $369.6m

SSA equity and equity-related issuance is down 43 per cent year-on-year totaling $4.9 billion during the first nine months of 2018.

Kenya Investment Authority reports an increase in country’s foreign direct investments

Keninvest managing director Moses Ikiara said China and India heavily invested in the country as external global investors whereas South Africa, Mauritius and Nigeria crowned the top list of African foreign investors.

Polaris Bank as alternative to ‘collapse, liquidation’

We wish to assure all depositors that under this arrangement, their deposits shall remain safe

Stanbic IBTC Wins African Banking Awards

The awards presentation ceremony holds on Thursday 6, December, 2018, in London.

Unshackled From Barclays, Absa Investment Bank Chases Growth

Corporate and investment bank is targeting new markets

Investment Banking : Mixed near-term outlook

The prospects for investment banking in Africa, is no exception

SocGen's asset sales spree spreads to Africa, Eastern Europe - sources

Those sales follow the disposal of its Belgian private bank unit to ABN AMRO earlier this week

Partnership between ICBC and Standard Bank boosts trade, investment

African markets are huge and growing rapidly and the population is young

Why Chase Bank buyout deal worries existing depositors

While this move is a welcome relief, they will only be able to get a fraction of the money.

Ecobank Partners Old Mutual to Increase Insurance Penetration

She said the alliance aligns with bank’s quest to deliver superior and robust financial product offerings to its customers.

Alpha Morgan Capital gets investment banking licence

The company said in a statement that SEC granted the licence on April 3, 2018 to enable it to carry out issuing house activities.

UBA, GTBank, Zenith, First Bank, Access make top 1,000 global banks’ list

This slowly improving economic climate is reflected in the growth trajectory of Africa’s banks

Barclays’ investment bank eyes return to S Africa and S Korea

Early stage discussions reveal possible rebuilding of operations in the two markets

Standard Bank’s H2 outlook for Nigerian banks

CNBC Africa put that question to Muyiwa Oni, Regional Head of Equity Research at Standard Bank Group.

JP Morgan consults on including Gulf states in key bond index

A spokesman for the bank declined to comment on the likelihood of Gulf countries getting the green light in the next update of the index, which normally gets announced around September.

European Bank Plans €700m Investment In Nigeria – Official

Grunderbeeck disclosed this at the bank’s interactive meeting with its clients and other stakeholders in Abuja on Tuesday.

Creating a leading investment bank in Ghana

Edward Effah and Jim Baiden, the co-founders of Fidelity Bank in Ghana