Managers of Wealth Africa

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.

Access Bank Tops Nigerian Lenders in Africa’s Top 30 Ranking at $30.4bn

Access Bank Group leads the Nigerian pack at No. 14 in Africa, with $30.4 billion in total assets, making it Nigeria’s largest bank by asset size.

Moroccan banks continue continental surge

Moroccan banks are combining digital rollouts with cross-border investment, while benefiting from a domestic investment boom.

NGX Megacaps gain N46.69 trillion in market value in eight months of 2026

Megacap stocks are companies with a market capitalization of N5 trillion and above. Based on this threshold, only nine companies on the NGX qualified as megacaps as at the last trading day in August 2026.

Stock Market Gains N1.22trn to Commence September on Positive Note

Similarly, the market capitalisation value rose by N1.22 trillion to close at N158.956 trillion against N157.739 trillion it closed for trading the previous day.

Major American bank betting on a win for South Africa

Goldman’s analysis suggests scope for the government 10-year local-currency yield to fall more than 100 basis points to 7.6%

Nigerian equities extend rally, gain N1.91 trillion as ETI, Access Holdings lead advance

Market capitalisation increased to N157.74 trillion from N155.83 trillion while the market’s year-to-date return strengthened to 56.93%.

Cape Town seals first agreements to buy power at below Eskom rates

Two 20-year contracts will deliver savings of around 20%.

Economists Warn State Is Being Financed by Private Sector Through Unpaid Debt

According to the Ministry, the amount covers various components of supplier arrears, including values still subject to verification and validation processes before formal recognition and payment.

PenCom: 91.4% of Nigeria’s personal pension accounts remain unfunded

The figures also showed that PPP contributions reached N147.16 million in the first quarter, taking cumulative contributions since inception to N1.66 billion.

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