Managers of Wealth Africa

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.

Shanghai favourite to become BRICS bank HQ

The choice of city is expected to be made at the leaders’ summit in Brazil on July 15, but Shanghai is seen by analysts as the firm favorite, says the Financial Times.

S&P affirms SA banks' credit rating

But the change to the score means the agency has revised what it calls its "anchor" for banks operating only in SA to BBB- from BBB

SG-Ghana pledges more support to aid business growth

As the bank leads efforts to improve banking services through doorstep banking, foreign exchange and commodity hedging, consumer credit loan and Sika Card, he said, it has made customer care one of its top priorities.

GTBank, First Bank, UBA, Zenith, Diamond top winners at BusinessDay Awards

First Bank and United Bank for Africa plc jointly won “best bank in retail banking”

Ecobank named best trade bank in Nigeria by London-based media firm

The award comes amid a growing demand for trade finance

FDI inflows to Africa likely to exceed US$60 billion

That made Africa one of the few regions world-wide to register year-on-year growth in 2012

Sale of Enterprise Bank reaches final stage as advisers screen Mainstreet’s investors

Investigations have revealed that advisers to the Assets Management Corporation of Nigeria, Citigroup and Africa-focused investment bank, Vetiva Capital, have received final bids from the five shortlisted prospective investors in Enterprise Bank.

Liberia: 'Take Advantage of Liberia's Investment Climate'

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