Managers of Wealth Africa

Financial sector spotlight: Standard Bank: First chair of Equator Principles Association

The elected steering committee has the power and authority to manage and co-ordinate the administration, management and development

Effective opening of Societe Generale Togo

Societe Generale announces the effective opening of Societe Generale Togo.

African Export-Import Bank calls for mobilization of domestic resources to finance Africa’s development

Africa, he said, has a lot of financial resources which could go a long way

African Startups Still Hanging Onto Expensive Bank Loans

For a long time banks across Africa monopolized the lending business and dictated the terms of lending with high interest rates and huge collaterals that made it difficult for startups and small businesses to access financing.

BNP Paribas eases losses

French Bank BNP Paribas said on Tuesday that its South African subsidiary had eased its losses after raising both interest and fee income in the year to December last year.

UBA Wins Social Infrastructure Deal of the Year

The award was announced at the Ai CEO, Infrastructure and Sovereign Investment Summit, in Cape Town, South Africa, recently.

Republic Bank to form holding company

The Republic Bank Group has announced its intention to form a holding company, to be called Republic Financial Holdings Limited

JPMorgan Extends Nigeria EM Index Decision on New Government

JPMorgan Chase & Co. extended a deadline to decide whether to remove Nigeria from its emerging market bond indexes tracked by more than $200 billion of funds

Barclays Africa CEO Talks Taking Capital Markets To The Next Level

Equally important is investment in Africa’s financial infrastructure

JPMorgan May Eject Nigeria from Key Bond Index by December

The international bank at the weekend, said it had extended the deadline to eject Africa’s biggest economy by another six months to take into account the arrival of President Muhammadu Buhari.

Uganda's Stanbic bank to issue corporate bond by end 2015 -CEO

Stanbic Bank Uganda , the east African nation's largest bank by assets, plans to issue a corporate bond by year end to support long term lending

Zenith Bank Expands Into Dubai, Positive Over The Biometric System

Zenith is considering expanding into Dubai to cater chiefly for its clientele in trade and service sectors; this is according to Peter Amangbo, chief executive of Zenith Bank.

Africa's Afreximbank says to issue $500 mln bond by year-end

The bank has almost already raised an initial tranche of $500 million, partly through equity, taken up by existing shareholders, pension funds and global investors, he said.

Standard Bank the first African bank to chair Equator Principles Association

Standard Bank has been appointed the new chair of the Equator Principles Association for 2015/16, making it the first African Bank to be elected to this position

Exim Bank of China Opens Representative Office in Morocco

The representative office is the first Chinese financial institution to open in Morocco. It aims to serve Morocco and 26 African countries in north, central and West Africa and provide financial service for Chinese companies in the region, the same source

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