Managers of Wealth Africa

BRICS contingent reserve may become operational this year: RBI

It is expected that the inter-central bank agreement will be signed this year

Linklaters highlights Japanese dominance in Nigerian investments

Contradicting general assumptions that China is the leading investor across the board in Africa, Linklaters says that Japan is the most active investor from Asia in African project finance schemes.

First Bank to support Public private Partnership to promote Nigeria industrialisation

The managing Director of First Bank Bisi Onasanya has stated that the bank will support public private partnerships for the benefit of the Nigerian economy

Stanbic named best emerging markets bank

Stanbic Bank Zimbabwe has been named the Best Emerging Markets Bank in Zimbabwe by a US-headquartered financial magazine.

Angola: Standard Bank to Continue Financing Angolan Economy

Luís Teles said that it includes the priorities of the Standard Bank Angola to elevate the credit portfolio

Deutsche Bank Says Dubai Will Be Hub for Africa Business

Ashok Aram, who heads Deutsche Bank in the Middle East, made the announcement today at the Bloomberg Future Cities Forum in Dubai.

Nigeria: African Export-Import Bank Supports Firms With U.S.$48 Million

The African Export-Import Bank says it has provided $48 million lines of credit to African factoring companies in the last two years.

Goldman Alumni’s Mozambique Merchant Bank Eyes Gas Boom

The firm, run out of offices in London, Madrid, and Maputo, the southern African nation’s capital

West African Capital Markets Set for Integration

The phases include direct access market phase; the qualified West African stockbroker phase and the West African capital market phase, which is considered the ultimate phase.

Standard Bank abandons global emerging market aspirations to focus on Africa

Standard Bank Group’s full year results to December brought to an end a five-year “journey of transformation” for the bank

IMF says Zimbabwe needs credible plan to clear arrears

Some of the targets include stabilising the financial sector, re-engagement with Western countries and reducing the budget deficit.

Nominations for the Standard Bank Rising Star Awards are open

Over the last three years, we’ve seen a surge in organisations recognising the value of their employees

Citigroup set for redundancies in EMEA markets business

Citigroup is set to make a round of redundancies within its markets and securities business in the Europe, Middle East and Africa region

African Bank's Lending Below Levels To Sustain "Good Bank"

African Bank Investments Ltd is lending at levels below what is required to set up a new “good bank”.

African Bank Mute on Rescue Since December Unsettles Investors

The Banks Amendment Bill was introduced last year.

Standard Bank stimulates Africa-China investment

Standard Bank Namibia strongly encourages corporate and investment banking relations between Namibia and the Chinese business community.

Nigeria: FCMB Capital Markets Emerges Best Local Investment Bank

FCMB Capital Markets Limited, the investment banking arm of FCMB Group Plc, has been adjudged the "Best Local Investment Bank in Nigeria" at the 2014 African Banking Awards

UBA, others receive award

The United Bank for Africa (Liberia) Limited has been honored for its immense contribution towards the fight against the deadly Ebola Virus Disease (EVD) in the country

Nedbank’s Financial strength lowered to BBB, says Capital Intelligence

Credit rating agency Capital Intelligence (CI), announced on 18 February that it has lowered Nedbank Limited’s Financial Strength Rating (FSR) to 'BBB' from 'BBB+', and affirmed the Outlook for the FSR at 'Stable'

Barclays Africa seeks Nigerian investment banking license

The financial intermediation sector in Africa is booming; Nigeria's economy will probably expand by 4.8% this year according to the IMF

Investment Banking