Managers of Wealth Africa

BRICS bank, AIIB to break IMF, World Bank monopoly: China think tank

A characteristic of this year's BRICS summit at Ufa was the economic and trade cooperation, especially the collaboration of development strategy among the BRICS members.

Multilateral banks prepare $400bn Sustainable Development Goal financing plan

The multilateral development banks and the International Monetary Fund plan to extend more than $400bn in financing over the next three years in order to meet the new Sustainable Development Goals.

Access Bank attracts €15M investment from EIB

The new credit line by the European Investment Bank is the second funding Access Bank has received within the last one year

South Africa Fund Hires Deutsche Bank for Vodacom Sale

The South African government agreed earlier this month to sell its entire Vodacom stake to the Public Investment Corp

$100 billion BRICS lender more keen on risk than World Bank – good news for Africa?

BRICS bank will have a regional headquarters for sub-Saharan Africa, based in Johannesburg.

Afreximbank awarded largest term loan to date

The African Export-Import Bank has announced the closing of the general syndication stage of its largest term loan facility to date worth approximately US$1bn.

West African Regulators Move to Improve Capital Markets

Capital market regulators in the West African sub region have come together to establish a mutually acceptable basis for cooperation and consultations to foster market integration in the region.

Long-serving Ramos expected to keep her job

Mr Jenkins’s predecessor, Bob Diamond, resigned three years ago over the Libor interest rate-rigging scandal.

Stellar aims high with new acquisition

The new-look company, Stellar Investment Holdings will still specialise in investment banking advisory services and corporate lending, but also have a potentially lucrative investment management arm via deal flows at SCP.

Exim Bank, FICCI mark Africa-India Partnership Day in Ivory Coast

Under ITEC, the Indian government extends fully paid scholarships to participants in developing countries for studying a diverse range of subjects.

'BRICS bank will play a major role, but much work lies ahead'

The New Development Bank will be operationalised at the Ufa summit.

Hope or hoopla for Brics's new bank

Leslie Maasdorp is on his way to Moscow to hammer out the details of the new Brics bank.

RMB eyes new opportunities in port, power infrastructure financing

Infrastructure is expected to boost the economy, and with such a large population scrambling for a handful of efficient services

BRICS $100 billion bank to be operational by end of 2015, South African named its vice president

The bank, which will be headquartered in Shanghai, is expected to have up to $100 billion in capital.

Suitcase Bankers on Charm Offensive in Africa as Debt Sales Slow

Standard Chartered Plc, Deutsche Bank AG and Citigroup Inc. are among those seeking to drum up deals to satiate investor demand for higher-yielding securities.

Doha Bank starts operations in SA

He added that the bank’s aim was to support bilateral trade between South Africa and Qatar, the broader United Arab Emirates and India, where Doha Bank has operations.

Suitcase Bankers on Charm Offensive in Africa as Debt Sales Slow

Bankers from London to Frankfurt and New York are on a charm offensive in Africa. Their goal: convincing governments to keep selling debt as first-half issuance slows from a five-year high.

Ex-Barclays CEO Has a Rival as Eyes Africa Bank Deals

Ex-Barclays Plc Chief Executive Officer has a rival: Spanish billionaire Alberto Cortina, who is building a banking presence in West Africa

France's Natixis to make Dubai capital markets hub for Mideast, Africa

More regional business to be booked from Dubai, not Paris - exec

EFG-Hermes says well-capitalised, east Africa of interest

He made the comments after launching EFG-Hermes Leasing, which aims to provide leasing services to large corporates and small and medium enterprises across Egypt.

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