Managers of Wealth Africa

Barclays Africa eyes Nigerian target as earnings rise

Net income rose to 6.17 billion rand ($582 million) in the six months through June from a restated 5.59 billion rand a year earlier.

Booming African Lion Economies Gear Up to Emulate Asians

ThankGod Agbagu views the paved roads and skyscrapers that have sprung up in Lagos, Africa’s largest city, as the signs of a brighter future.

Barclays Africa targets a stretch too far?

Higher growth in costs in the half-year to June 30 reflected investment in Barclays Africa’s four-pronged strategy on which it had made strong progress, according to group chief executive Maria Ramos.

Investment in Angolan Banking May Prove a Crippling Deal for Portugal For Banco Espírito Santo

For Banco Espírito Santo, Questions Over Angolan Subsidiary

Barclays Africa Profit Rises 10% on Impairments, Investment Bank

Barclays Africa is spending money to refurbish branches

Mboweni says South Africa should buy bank to boost development

President Jacob Zuma has promised radical economic transformation over the next five years to create jobs and spread wealth to the black majority

Instead of building new Brics bank, revamp what SA already has

The trouble is the New Development Bank, as it will be branded, will have to spend some of its capital on getting itself off the ground

Ecobank’s Presence In Kenya Will Boost Investment Banking Competitiveness

The Group intends to boost its efficiency in all business areas, having established its pan-African footprint across 35 countries in Africa with international offices in Paris, London, Dubai and Beijing.

Ecobank Group Gets Capital Markets Authority Nod to Open Investment Bank in Kenya

Ecobank Capital’s entry into Kenya follows its acquisition of the investment advisor Iroko Securities Kenya Limited in July 2013

Zuma hails Brics bank as ‘everlasting legacy’

President Jacob Zuma returned from the sixth Brics summit in Brazil yesterday and hailed the establishment of the bloc’s new development bank as “an everlasting legacy that will change the face of global economics and the face of all the devel

Ethiopia seeks out Indian banks to boost investment

In a sign of Africa's growing confidence in India's investment potential to boost its growing economy, Ethiopia has sought that the Indian banking system engage with this East African nation's financial sector despite its banking sector bei

Barclays named Best Bank in Ghana

The awards ceremony, held at London’s Natural History Museum on Thursday, 10 July, follows recent recognition as ‘Best Bank in Cash Management’ by Euromoney in 2010 and ‘Best Bank in Ghana’ by The Banker in 2012.

Investment bankers party like it’s 2008

Fees from arranging bond sales, at $2.3 billion, were up 40% year on year

Kenya: Ecobank Cleared to Operate Investment Banking

Ecobank Group, the pan-African giant lender, has received regulatory green light from the Capital Markets Authority to run investment banking business in Kenya.

S.Africa eyes BRICS bank for Johannesburg

The leaders of BRICS countries -- Brazil, Russia, India, China and South Africa -- are due to hold a summit in Brazil next week where they are expected to sign a deal to create the bank.

SA guns for BRICS Development Bank headquarters

South Africa is lobbying hard for the envisaged BRICS Development Bank’s headquarters to be based in Johannesburg.

BRICS development bank in Johannesburg?

Anybody who says there’s been a decision up to now…they’re simply speculating about the location

BRICS to Open Development Bank by 2016

Brazil, Russia, India, China and South Africa to Decide on Bank Creation at Summit in Mid-July

BRICS planning to sign documents on development bank, currency reserve pool - Kremlin

The BRICS summit will be held in Brazilian cities of Fortaleza and Brasilia on July 15-16.“The leaders of the BRICS states will discuss issues on political agenda and global management problems.

Vultures hover over wounded African Bank

The other component of African Bank is its furniture retail arm, Ellerines. Steinhoff is thought to be best placed to buy that company.