Managers of Wealth Africa

Foreign reserves gain $12.76 billion in one year, add $708 million in September

The improvement in reserves comes alongside stronger foreign capital inflows into the Nigerian economy.

Credit: Absa Bank Mozambique on Responsible Consumer Lending

When properly matched to a person’s circumstances and financial capacity, however, it can be a tool for bringing forward projects, achieving objectives, and creating the conditions for a more stable and secure life.

Nigeria: African Development Bank and ICPC strengthen integrity and accountability in Bank-financed projects

Anele Ncube, Division Manager, PIAC, emphasized the importance of engaging directly with project teams to better understand implementation realities and strengthen accountability mechanisms.

South Korea, Africa pledge deeper AI partnership to accelerate continent’s digital transformation

The Action Plan focuses on developing AI across sectors, including health, agriculture, capacity-building and governance, with a view to contributing to the continent’s transformation.

Nigeria’s exports to Africa hit N10.72tn amid naira illusion

The trend comes amid the Federal Government’s push for non-oil exports and the entry of the Dangote Petroleum Refinery into the export market.

Turning East Africa’s Growth Into Bankable Assets

Fast GDP gains are just the start as investors target deeper capital markets and regional value chains.

Why Nigeria’s forex reserve is swelling

A former Access Bank Treasury official, who also asked not to be named, said it may be difficult to identify a single source responsible for the reserve accumulation.

Nigeria’s capital challenge is finding bankable opportunities

Contributing to the dialogue, the Director-General of the Northwest Governors Forum, Maryam Musa Yahaya, stressed that state governments must actively engage investors to resolve specific structural bottlenecks, including power, regulatory friction, and s

Ecobank reaffirms long-term commitment

The commissioning of the new headquarters also marked 15 years of Ecobank’s operations in Zimbabwe

A strong showing for the Naira in August

This performance was largely driven by improved FX liquidity conditions, as inflows strengthened across both domestic and offshore segments.

BCI Sees International Financing as Key to Unlocking Mozambique Investment

According to the executive director, expectations of greater financing availability come at a particularly complex moment for the national economy

South Africa posts widest current account deficit since 2019

South Africa’s terms of trade also deteriorated in the three months through June, hurt by the rand price of imports increasing more than that of exports.

Sustained inflows boost FX market liquidity

The improvement was broad-based, supported by stronger participation from both domestic and offshore sources.

FGN bonds end August on a bullish note

Recent softer inflation readings, strong liquidity conditions and rising expectations of an eventual policy easing cycle supported strong investor appetite across the curve.

A sharp rise in FX utilisation amid improved FX supply

While the increase was broad-based, the higher usage was primarily driven by a significant rise in FX utilisation for invisible transactions

Kenya banks and GGGI forge five-year green finance partnership to turn climate projects into investable businesses

The agreement brings together GGGI’s work on green investment and project preparation with KBA’s position representing Kenya’s banking industry.

Mozambique Courts UAE Capital to Drive Industrialisation

The initiative comes as Mozambique seeks to position itself as an attractive destination for international capital

Loans and advances increased by 39% to GH¢124.3bn in June 2026

Credit to the public sector also recovered, growing by 5.6% to GH¢4.7 billion at the end of June 2026, following a 31.3% contraction in the corresponding period of 2025.

Investors pour billions into unit trusts as Kenya’s fund sector nears Sh1 trillion

Kenya’s collective investment sector added Sh97 billion in three months, driven by strong growth in money market, special and foreign-currency funds as.

FTSE Russell Adds Wema Bank, Nine Others to Frontier Index Series

Nigeria is preparing to return to Frontier Market status on September 21, 2026 after a three-year absence from the global index provider’s classification.

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