Managers of Wealth Africa

Bank M reports TZS 1 trillion in total assets

Bank M Tanzania Plc posted a high growth in total assets, crossing the TZS 1 trillion mark as at 31st December 2016, its 10th year of its operation.

FBN, GTB, Zenith, Access, UBA Among Top 500 Global Banks

FirstBank was named as the most valuable banking brand in Nigeria in the report.

Tanzania: Dar Seeks 2tri/ - Development Funding From World Bank

Expansion of the Dar es Salaam port requires 600 million US dollars (over 1.3tri/-), but the World Bank has offered 305 million dollars for the first phase of the project," Dr Mpango elaborated.

United Capital Plc, Societe Generale, Orange, Others Support African SMEs with €77m Fund

Beyond financial performance, particular attention will be paid to the positive impact of the Fund’s investments in terms of governance, transparency, job creation, and respect for social and environmental values.

Stanbic bank scoops Bank of the Year Award in Tz

The Banker’s judging panel reported that the Standard Bank Group’s operations in all six African countries had made the most progress over the 12 months

African trade finance bank admits Chad as member

The ratification was done by Chadian President Idriss Deby.

European lender to announce Sh27bn funding for small businesses

Kenyan entrepreneurs will access the EIB-backed loans directly from local banks.

FBN Capital wins awards in investment banking, asset management

FBN Capital also was mandated as Financial Adviser by Seven Energy International Limited (SEIL)

Zimbabwe Pins Hope on Lima Process

A significant portion due to AfDB and Africa Development Fund totaling about $627 million will be refinanced through a bridge facility.

Tanzania: China's Exim Bank Support Zanzibar to Continue

Exim Bank of China currently supports various programmes in Zanzibar including Airport expansion, and plans to fund the proposed new port at Mpigaduri- Maruhubi in the outskirts of Unguja.

UK Invests £1.5m to Revamp Infrastructure in Somalia

The country has been under prolonged civil strife since the 1990s.

Standard Bank brings clarity to Africa’s transaction landscape

Having the right partners, insight and relationships provides a more nuanced and informed view of African opportunity.

10 banks offer EGP 6bn syndicated loan to Etisalat Egypt

A banking alliance of 10 major banks signed a syndicated long-term loan to Etisalat Egypt, amounting to EGP 6bn, to finance the purchase of the 4G licence and the new frequencies, as well as the repayment of the existing dues and the company’s opera

FBN Capital wins EMEA Finance awards

FBN Capital survived the industry headwinds and economic recession to close several innovative transactions in 2016.

FBN Capital ends 2016 high with awards for excellence in Investment Banking and Asset Management

FBN Capital Asset Management offers a diversified suite of products, including several mutual fund products such as the FBN Money Market Fund and the FBN Fixed income Fund.

$55m set aside for DBSA loan repayment

He said the Government was mobilising $215.9 million in support of the transport sector, mainly road works during 2017.

First National Bank wins at the Lafferty Global Awards

FNB was recognised for its innovative approach and achievements in integrating mobile technology

African Development Bank to launch its first multi-jurisdictional Fixed Income ETF in Africa

The ADBF was conceived as part of the AfDB’s African Financial Markets Initiative

Stanbic pledges its support for clients

Stanbic has made significant investments during the year, financing projects in the local agriculture, infrastructure, and mining and energy sectors.

Standard Bank acquires SnapScan maker

SnapScan, the Firepay team’s technology platform already enables payments for several clients