Managers of Wealth Africa

IMF delivers bad news for South Africa

The January 2024 saw the IMF slash its growth outlook down to 1% from 1.8% expected back in October 2023.

Unlocking the constraints of trade finance

As global banks retreat, African banks must step up to finance trade. Afreximbank is doubling its balance sheet in under five years, tackling barriers to intra-African trade.

Ecobank Promotes Sustainability through Art with ‘Kong in a Cage’ Installation

He added that the bank remains dedicated to offering a global platform for emerging Nigerian artists, especially in the fields of sustainability and the arts.

Blow for billionaire Motsepe’s company in South Africa

The FPMI said that, based on its evidence, ARC owns and controls the RSA Group, and may also control Subtropico.

Bad news for interest rates in South Africa

His view and the market’s is contrary to what most economists expect for this year.

This SA stock lost 99% of its offshore investment in a decade

And investors should probably prepare for more write-downs in its next set of results

Here are the true owners of the South African Reserve Bank

The SARB is an independent institution, with its independence protected by the South African Constitution.

AfDB, World Bank, AU to Host Africa Energy Summit in Tanzania

With nearly 600 million Africans lacking access to electricity

How Nigeria's PR landscape is evolving in the digital era

PR as a profession has come into sharp focus in Nigeria in recent years, as economic growth has driven up competitiveness in the market.

Veritas Kapital Assurance gets multiple recognitions

Agbonaye expressed deep gratitude to the organisers for the recognition.

Sovereign Trust Insurance bags top award

We are open to new ideas from members of the public in as much as those ideas will add value to what we do as an organisation

A further widening of FGN’s fiscal deficit

The FGN's fiscal operations have maintained a deficit pattern since Q3 '10 when it registered a fiscal surplus of about NGN151bn.

A deceleration in DMB’s credit growth

This growth marks a slight improvement over the 4.7% q/q growth recorded in the previous quarter.

A brighter outlook for FX sectoral utilisation

As a result, its share of total fx usage decreased to c.39%, down from c.51% registered in Q2 ’24.

Fidelity Bank extends CSR to children with special needs

At the same time, their parents and care givers will participate in tailored workshops to equip them with the skills and resources they need to better care for their children

Transform your business’s payroll management – Download the free ADP guide

Small errors in employee data can result in incorrect compensation

Pension fund investment in real estate shrinks to N20bn

The PenOp analysis showed that investment in REITs had declined from a high of N239.28bn in 2020 to N20.06bn at the end of 2024.

Nigeria’s FirstBank sets sights on Ethiopia, Angola, Cameroon

There are a number of large economies with large banking pools that are of interest to us because their financial markets are opening up

Tunisia: African Development Bank grants a loan of over €80 million to upgrade road infrastructure in seven of the country’s governorates

The project for Phase 3 of the Road Infrastructure Modernization Programme carries a total cost of €86.21 million euros

Axe falls on 3,500 jobs in South Africa

The group also raised the unsustainable competition from low-cost imports.

Alternative Investments