Managers of Wealth Africa

Standard Bank lands banking top gongs

This is the first year for the accolade for Best Bank for African currencies excluding the rand, being awarded to Standard Bank.

Attijariwafa Bank, UBA sign MoU

It goes without saying that our group should collaborate with outstanding players, such as UBA Plc.

The African Development Bank granted approval for $24 million to restore forests in Ghana

The forestry sector is estimated to contribute about 4% to the country’s GDP

Hurdles slow Barclays sale of Africa unit

The South African Reserve Bank must ensure Barclays’s withdrawal doesn’t endanger stability across the continent, put South Africa’s currency at risk or upset transactions for Barclays Africa’s 12.5 million customers.

EMEA’s share of investment banking fees hits all-time low

Fees for services ranging from M&A advisory services to capital markets underwriting in EMEA total $18b so far in 2016, down 12% year-on-year

UBA Deputy GMD gets award

Vincent Okobi Osadolor was honoured for his excellent performance as a reputable banker

Beer deal boosts Deutsche Bank in SA

Deutsche Bank tops South African M&A league tables when measured on completed deals in the five years through 2015

Investment banking boosts Angolan economy

The fund continues to promote small and medium sized enterprises

AfDB Board Approves €50m Investment Package For Africa

The initiative is one of the first instruments of the Bank’s recently approved Jobs for Youth Strategy

Private Investment Banking Pioneer Shows Path Forward for Angolan Economy – By Eugen Iladi

Banco Kwanza Invest was the first financial institution to open and operate an investment bank in Angola.

Absa and partners raise billions for Ascendis

The purchase consideration of ZAR7.9 billion required both a debt and an equity capital raise and Ascendis consequently appointed Absa CIB to act as Joint Global Coordinator

AIIB expects to support African industrialization in cooperation with UNIDO

Although AIIB mainly focuses on the development of Asia, but African seems to be an attractive continent for its investment.

Forex crisis: Fitch downgrades 10 Nigerian banks

Fitch takes the view that support, if ever required by the banks, cannot be relied upon.

Standard Bank awards top estate agents

The Windhoek-based estate agents' community convened at a local hotel on 12 November for the annual event

Barak and Idbar Bank launch sharia trade finance fund

Barak Fund Management writes on its website that it has decided to go ahead with the new fund “after some consideration over the past few years

AfDB and GEF confirm commitments in Africa

He emphasised that, in Africa, urbanisation would increase exponentially over the coming decades.

Standard Bank to create ‘African Economic Forum’

Bank wants to facilitate intra-African trade and business opportunities

Stanbic named Best Investment bank

Standard Bank has delivered a number of transformative deals, reflecting the bank’s commitment to driving growth on the continent that it calls home.

Absa RainFin part ways

The announcement comes as a surprise.

World Bank disburses $7 billion to Nigeria

Statistics obtained from the bank’s web portal also showed that its current portfolio in Nigeria stood at $8.billion.