Managers of Wealth Africa

Barclays Africa Said to Be Front-Runner for Mozambican Bank

Barclays Africa’s existing operations in Mozambique are too small to give it a dominant position.

Morocco’s Attijariwafa Bank Seeks African Expansions, Halts Nigerian Deals

The Casablanca-based bank aims to finalize a deal to buy Rwanda’s Cie Generale de Banque, known as Cogebanque

Barclays’ gold exchange fund attracts few takers

Fund managers, who are expected to provide the bulk of the demand, are yet to come into the market.

Standard Bank Moçambique offers services to pay for Chinese goods in local currency

The bank has a privileged position to assist businesspeople from Mozambique with interests in China

EFG-Hermes suspends Nigerian expansion, readies Kenyan entry as regulators back license bid

A license will probably be granted in the “very near term” once formally cleared by the Nairobi Securities Exchange

Barclays profit halves on African write-down

It has signed a separation agreement with its African business, which must now be approved by South African regulators.

African Banking Firm Atlas Mara Swings To First Quarter Profit

We expect to deliver a significant improvement in earnings in 2017

Barclays Africa splashes R191m to retain execs in sell-down

Group chief executive Maria Ramos received an award of R8 million

Ghana and Zambia joins African Financial Markets Initiative

The expanded index will now include the eight most liquid sovereign bond markets in Africa, according to a release from AfDB.

Digital investment in Africa accelerates

Improving broadband speeds and access is also having a big impact on both business to business and consumer focused opportunities.

Standard Bank supports launch of the Mesh Club in Rosebank’s new lifestyle precinct, the Keyes Art Mile

A new purpose-designed work space has been opened in Rosebank for professionals to gather and make connections.

Barclays Ghana dialogues with customers on will making

Barclays Ghana has held an affluent cocktail to create an avenue to deliberate on the legacies of customers

Barclays Africa Exit Looking Like Good Timing

Barclays investors can take comfort that the bank has cushion against further trouble in South Africa

Africa’s premier infrastructure investment bank

To demonstrate AFC’s investment journey to date, Iyahen says the organisation has invested in a number of infrastructure projects in Africa which include toll roads in South Africa.

Nedbank in "good shape" to deal with South Africa credit downgrade

S&P cut South Africa's credit rating to junk status on Monday, saying the dismissal by Zuma of a respected finance minister heralded a damaging policy shift.

Atlas Mara quits Moza quest as Barclays joins the fray

Moçambique Capitais tried and failed to raise the cash before a deadline of 23 March, but may still compete with other bidders in this latest phase.

World Bank plots $60bn war chest for Africa

Some of the money will be directed at regional initiatives, such as supporting refugees and their host communities.

Will Barclays Sell Zimbabwe Unit to First Merchant Bank?

Hence, Barclays' decision to divest stake in it has attracted significant interest among local and foreign investors.

Barclays in talks to sell Zimbabwe bank to Malawi's First Merchant Bank

Barclays Bank of Zimbabwe has a market capitalisation of US$60 million

China-led AIIB gives Brazil and South Africa extra year to join

Two of multilateral lender’s biggest members missed deadline to ratify entry

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