Managers of Wealth Africa

Business wants to help City of Joburg, but after the elections

A ‘credible counterparty’ is needed in the city.

Nedbank CIB helps structure Harmony’s $1.25bn financing for international growth

Multi-currency, sustainability-linked facilities bring Harmony’s South African and Australian financing needs into a single structure as the miner expands into copper.

Nigerian equities sell-off deepens across major sectors, wiping out N5.4 trillion in 8 days

… Energy, Insurance, Banking stocks face renewed selling pressure

Equity Group's Profit Jumps to Record KSh 45.5 Billion as Bad Loans Fall

The latest acceleration was supported by both funded and non-funded income rather than a single earnings line.

Insurance Sector: Investment income, not core insurance operations, drives H1 2026 profits

This means investment returns exceeded core insurance profits by about N13 billion, or nearly 20%.

Fortuna Capital enters Nigeria’s wealth management market

Fortuna Capital is built to serve the investment needs of individuals, corporates, institutions and high net-worth clients, offering portfolio management, investment advisory and related services designed around each client’s goals and risk appetite

MENA investors drive new demand for Cayman structures

For many investors in the region, however, access to capital comes with specific requirements.

South Africa’s biggest asset manager buys a big piece of Johann Rupert’s company

The acquisition gives Ninety One a significant position in one of South Africa’s largest and most diversified investment groups.

Cedi long overdue for security refresh – Mahama

He added that security features on banknotes must be updated from time to time to keep pace with counterfeiting techniques.

‘Africa needs capital, markets for startup growth’

“Africa needs a complete financing architecture.

Rising domestic borrowing amid expanding fiscal needs

The trend remains firmly upward, with the FGN's domestic debt stock increasing by 3.0% q/q and 10.7% y/y,

FX market remains resilient amid demand pressures

This m/m depreciation can be attributed to persistent FX demand from market participants, which continued to exert pressure on the naira.

Stronger domestic inflows boost FX liquidity

Within this segment, the CBN accounted for the largest share

South African giant makes big move in Zimbabwe

In neighbouring South Africa, where the company is based, the stock closed at R12.56.

Mozambique Introduces Sovereign Insurance Against Extreme Climate Events

Among the principal changes is the creation of sovereign insurance for Non-Life lines associated with events of extreme magnitude.

Rand gains strength

He also discusses the resilience of US markets and AI stocks, including SpaceX and Prosus, and reflects on gold’s rise above $4 400 as central banks turn to it as a safe haven.

Nice surprise for the rand

The rand has started the new week in a stronger position against the US dollar, trading at around R16.15.

NGX loses N1.17 trillion as MTN Nigeria, First HoldCo lead profit-taking

The market’s year-to-date return moderated to 58.55% from 59.71% previously, as the correction pared back part of the gains that had lifted the market past the N160 trillion mark just a day earlier.

Gold now dominates Ghana's exports, GSS warns of concentration risk

Ghana recorded a record trade surplus of GH¢148.3 billion (US$11.5 billion) in 2025, more than three times the GH¢44.7 billion surplus recorded in 2024.

Nigeria’s FX market turnover surges 117% to $3.73 billion

…. Turnover more than doubles week-on-week as investors continue positioning for dollar exposure; spot transactions dominate with 99% market share

Alternative Investments