Managers of Wealth Africa

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

French bank offers financing to Angola of US$500 million

The Angolan government believes it needs to diversify its sources of funding to cover the costs of public investments that are needed for the country’s social and eocnomic development

African Development Bank Board Approves 2018 Borrowing Programme for US$8 Billion

“The African Development Bank has also shown a strong commitment to socially responsible investment programmes"

African Development Bank to support Mozambique rail project

“This project supports two of the High 5s that guide the Bank’s contribution to the Sustainable Development Goals in Africa."

Ladi Balogun: Quintessential banker with hands on the plough

The current Group Chief Executive of FCMB Group Plc did not allow his very comfortable background to becloud his determination to pursue the impeccable career he set out to achieve.

European Investment Bank grants €100mn in first loan to Afreximbank

The deal was signed yesterday in Abidjan, Côte d’Ivoire’s capital,

Barclays Sells Another Tranche Of African Operation

The British Bank’s Stake In Absa’s JSE-Listed Parent Company Is Now Just 14.9%

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