Managers of Wealth Africa

Africa faces $170bn infrastructure

The bank discussed strategies for closing Africa's $170 billion infrastructure investment gap.

Stanbic Holdings after tax profit dips by 2pc

Mudiwa says impact of interest rate caps strained their operations noting that it was a lot more difficult for the financial services industry.

EFG Hermes to enter second sub-Saharan African country in 2018

Egyptian investment bank increasing focus on frontier markets

Delta Capital records spectacular growth in 2017

“unyielding determination to do things differently in a highly competitive and seemingly choked market."

Standard Bank Best Investment Bank In Malawi

Standard Bank’s unique product capability across debt financing, structured trade and commodity finance and capital markets advisory, combined with its regional investment banking network, delivers world-class investment banking services to its clie

Investor appetite for Africa drives over USD7bn of debt issuance

These strategically important transactions will result in real change for the lives of Africans across the continent that we call home.

UBA, China Development Bank sign $100m deal to develop SMEs in Africa

According to Kennedy Uzoka, the Pan African Bank’s managing director and CEO, the deal is also expected to catalyse Africa’s commercial and industrial development.

Ivory Coast hires banks for Eurobond

Ivory Coast is rated Ba3 by Moody’s and B+ by Fitch. The banks declined to comment.

European Investment Bank to announce US$85.48mn investment in Rwanda

In 2017, the EIB provided US$3.22bn for new investment across Africa.

SA joins Afreximbank as a shareholder

Country is represented by Export Credit Insurance Corporation of SA as its designated investor

Innovation and consolidation to drive African telecom, media and tech deals, says Standard Bank

Triantis will be joining the TMT M&A Panel alongside multinational telecom operators Vodacom and MTN, while Ballim will be delivering a Visionary Keynote Speech centred on African Investment Outlook, ahead of the Opening Leadership Panel session.

AfDB hits highest annual disbursement of $7.67bn in 2017 – Adesina

The president said that it was only when the Bank became performance driven that it could meet Africa’s expectations.

Citigroup Targets Rapid Middle East, Africa Growth in 2018

Citigroup said last month it had won formal approval from Saudi Arabia's Capital Market Authority to begin an investment banking business there, enabling its return after an absence of almost 13 years.

StanChart prunes coverage, may cut investment banking jobs

Move part of a two-year overhaul at the bank that investors hope will help lender return to higher revenue growth

Nigeria’s investment banking market expands as Nova Merchant Bank debuts

He said merchant banks are very important because they support the economic development of the nation through the provision of long-term funding.

IFC extends $62 million loan to South Africa's Mercantile Bank

The IFC, a member of the World Bank, said in a statement the financing was part of an initiative to invest up to 40 billion rand into South African SMEs over the next five to seven years.

JP Morgan's coming to Ghana will boost banking industry - Banker

Emmanuel Akrong in an interview with Citi Business News mentioned that JP Morgan’s world class culture will help raise the standard of banking in Ghana.

JPMorgan plans expansion into Ghana and Kenya

The five-year plan will see the U.S. bank ramp up overseas investment in addition to its domestic growth plans

Sub-Saharan Africa investment banking fees reached $527.9 million in 2017

Debt capital markets underwriting fees accounted for 20% of the overall Sub-Saharan Africa investment banking fee pool, the highest first half share since 2012.

JPMorgan leads again in Europe, as equity deals drive a revenue rise

Investment banking fees rose in 2017, with a jump in equity-capital-markets revenues making up for an M&A slump

Investment Banking