Managers of Wealth Africa

Kenya tops region in 2013 private equity fund deals

Kenya signed the highest number of private equity deals last year in sub-Saharan Africa ahead of its main rivals South Africa and Nigeria

Barclays, Hana Bank to establish Korea desk in Joburg

In a sign of rising Asian investment commitment to Africa, the corporate and investment banking division of Barclays Africa announced on Wednesday it had agreed with South Korea’s Hana Bank to establish a Korea desk in Johannesburg.

Standard Bank Africa strategy ‘gains traction’

The sale, still waiting for regulatory authorities’ approval, will release capital to be used to grow the African businesses.

Barclays crowned as Best Foreign Investment Bank in Egypt in 2013

The award has come to recognise Barclays successful strategies and policies in addition to its ongoing efforts to provide clients with the best products and services

Kenya: Ecobank Announces Plans to Set Up an Investment Banking Unit By June

The Ecobank's investment banking division will primarily target government deals in debt market for infrastructural development.

Kenya: KCB Gets CMA Nod for Investment Banking

Kenya Commercial Bank Group is ready to embark on investment advisory business after getting approval from the Capital Markets Authority to operate an investment bank.

Tanzania: South Africans to Shore Up Tanzania Logistics

The Development Bank of Southern Africa has joined forces with the Tanzania Investment Bank to finance various infrastructure projects.

Need for Zenith Bank to increase risk asset exposure

The analysts believe that Zenith Bank’s liquid and highly capitalised balance sheet was a key part of its strength during the year.

Salamanca Group opens office in South Africa

Salamanca Group, the London based Merchant Banking and Operational Risk Management business announces the opening of its South African office in Cape Town.

Societe Generale Securities Services teams up with SGBCI's securities services in Ivory Coast

With over 50 years experience, SGBCI is a benchmark reference in West African banking and is the leading bank in Ivory Coast.

Morgan Stanley names MENA IB head as Froehlich heads to Europe

Delivanis, who was instrumental in advising on the state-backed merger of Abu Dhabi property firms Aldar Properties and Sorouh Real Estate, has been with the bank's investment banking team in Dubai since 2007.

First Bank Partners Hong Kong on Business Opportunities

First Bank of Nigeria Limited has gone into collaboration with the government of Hong Kong in a bid to help harness business opportunities in China and other Asian countries through Invest Hong Kong

African Bank Investments: Fund manager bets recovery is nigh

He has added South Africa’s worst-performing lender to the portfolios of his funds. Houlie’s Momentum Small/Mid-Cap Fund has 6 percent invested in Abil

Zimbabwe: Stanbic Wins Best Foreign Exchange Provider in Africa Award

Stanbic Bank's parent company, Standard Bank group, Africa's largest lender by assets, has been named the winner of Best Foreign Exchange Provider in Africa 2014 for a second successive year.

Barclays Africa Group 2013 Profit Rises on Lower Impairments

Barclays Africa Group Ltd. reported Tuesday an increase in full-year profit due to lower credit impairments and the bank said it continues to target higher growth on the continent.

Casablanca Finance City announces BNP Paribas Regional InvestmentCompany CFC Status

Under the CFC status, BNP Paribas Regional Investment Company will enjoy substantial advantages, including integration into Morocco’s financial landscape.

AfDB and the People's Bank of China Commit to Expand Relations

Our two institutions have established ambitious, but achievable goals to galvanize efforts to promote shared prosperity

Equatorial Guinea commits $1bn to a co-investment fund

President Teodoro Obiang Nguema’s government announced the CIF as it hosted a two-day Symposium on the country economic diversification in Malabo.

Eximguaranty is 6th best in Africa

Eximguaranty Company Ghana Limited has been rated the sixth best performing African Development Finance Institution in a peer review rating of DFIs.

Barclays Targets Africa Investment-Bank Expansion Amid Job Cuts

“Trading and investment banking very much has an African focus now.”