Managers of Wealth Africa

South Africa’s R100 billion private smart city

This accolade was presented to both WCMC and Attacq, Waterfall City’s strategic development partner.

FBS Re to Expand Operation to African Countries

The forum, with the theme Connecting Leaders, attracted top industry executives and more than 40 chief executive officers from the insurance industry.

Nigeria’s securities auctions fall 55.86% to N9.501 trillion in October

As 10-year bond yield rises 40 basis points against global decline

Zenith Bank reinforces commitment to Africa’s creative economy through continued sponsorship of ART X Lagos 2026

Building on its support for ART X Lagos' landmark tenth anniversary, the Bank continues its partnership with the fair, championing African artistic excellence, cultural heritage and emerging creative talent.

Ecobank urges young Nigerians to turn ideas into practical solutions

Adeleke spoke at the grand finale of Ecobank Nigeria’s N22m InnovateX Hackathon in Lagos, where he said the initiative was designed to give young Nigerians the opportunity to develop solutions with practical applications.

Jeddah: African Development Bank Group and Islamic Development Bank discuss progress on $4bn co-financing target for Africa.

Approved operations total US$2.65 billion, representing 66 per cent of the target.

Trade surplus widens on strong export performance

While the economic case for infrastructure-led borrowing remains compelling

Strong oil receipts lift Q2 revenue, but budget gap persists

However, the stronger outturn masks a sizeable gap relative to fiscal assumptions, with collections achieving only 55% of the implied quarterly budget target of NGN18.3trn

New ultra-luxury international hotel launches in South Africa, sitting right next to superyachts

It was designed by Neri&Hu in collaboration with local architects to reflect the surrounding warehouse structures that previously occupied the area.

South Africa’s economy is much bigger than you thought

With the economy normalising following the Covid-19 pandemic, the process has now been implemented.

Game over for 250 companies in South Africa

The year is also on track to see fewer liquidations than in 2025.

Private-sector credit growth regains momentum

The acceleration suggests that PSCE may be regaining momentum following several months of subdued lending activity and single-digit growth.

Naira stability underpinned by improved FX liquidity

This relative stability was also reflected in the naira's average exchange rate during the month

Nigeria’s portfolio investment inflows surge to $7.09 billion as direct investment lags

The CBN’s financial-account data showed that portfolio investment inflows increased faster than direct investment liabilities between the first and second quarters of 2026.

Recapitalised banks: Missing link between profit and prosperity

A stronger balance sheet is not automatically a stronger economy.

Subnational debt concentration mirrors revenue profile

In terms of contribution, subnational debt accounts for only c.5% of Nigeria's total public domestic debt stock of NGN91.6trn

Africa Prudential’s nine-month profit rises 31% to N2.69bn

Revenue from contracts with customers also increased by 11.3 per cent to N1.07bn from N965.34m, while gross profit rose by 8.4 per cent to N941.16m from N868.35m.

First HoldCo reports N737bn Q3 profit

The report was signed on behalf of the Board by Group Managing Director Adebowale Oyedeji and Acting Chief Financial Officer Wasiu Shafe.

AFDB lends Morocco $487 million in support of reforms, climate resilience

“Morocco has chosen to take action by continuing its reforms despite external shocks,” emphasised Achraf Tarsim, the Bank Group’s Country Manager in Morocco.

Maida, Others to Speak on Africa’s Digital Economy at AfriTECH Forum

The event will bring together policymakers, investors, technology executives and founders to examine opportunities and challenges shaping Africa’s digital economy.

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