Managers of Wealth Africa

Businesses split over borrowing costs, access to credit

The higher cost of funds has translated into lending rates exceeding 28 per cent for many small businesses, analysts say.

South Africa’s largest pension fund manager in crisis, and concerns about Starlink rival launching in South Africa

South Africa’s benchmark 2035 government bond strengthened on Friday, with the yield falling 10.5 basis points to 8.74%.

NGX Group Delivers Record First-Half 2026 Performance, Declares Interim Dividend of ₦1.30 Per Share

The dividend reflects the quality of the Group’s earnings, improved cash generation and the Board’s confidence in the sustainability of NGX Group’s growth trajectory.

MPC retains cautious stance amid external risks

Despite this modest improvement, the inflation outlook remains challenging

Strong demand but DMO trims sales in July

This represents a notable increase from NGN1.4trn recorded at the previous auction.

Moza Banco Proposes Solutions to Strengthen the National Financial Architecture

Speaking during the panel, Devan Manmoandas stated that strengthening the financial system requires the creation of solutions that bring capital closer to productive sectors, encourage innovation, and enhance companies’ ability to grow sustainably.

Mozambique and Egypt Seek Deeper Economic and Investment Ties

Beyond economic cooperation, Abdelatty called for enhanced collaboration in the military and security domains, highlighting the importance of leveraging Egypt’s ‘capabilities in combating terrorism’ and intensifying cooperation through t

Firm targets top-five insurance ranking with new strategy

The company stated that the new trajectory follows its successful recapitalisation exercise aligned with the regulatory standards set by the Nigerian Insurance Industry Reform Act 2025.

10 Major companies the EFCC is prosecuting in 2026

Drawing on official EFCC releases, court filings and other publicly available records, below are 10 of the most significant ongoing cases involving companies and corporate interests in 2026.

First HoldCo overtakes Zenith, GTCO as Nigeria’s most capitalized banking stock

The milestone reflects sustained investor confidence in the financial holding company, supported by record earnings, improving fundamentals, and increased strategic investments by billionaire businessman Femi Otedola.

Investors identify Africa’s next billion-dollar opportunities at UBA Business Series

A major highlight of the discussion was the consensus among panellists that financial inclusion, the creative economy, sports, and small and medium enterprises (SMEs) represent the sectors most likely to produce Africa’s next billion-dollar companie

Nigeria’s foreign reserves hit $51.86 billion, highest since 2009

The milestone underscores the strengthening of Nigeria’s external position amid improved foreign exchange inflows, rising export earnings, and sustained investor interest in the country’s financial assets.

Inflationary pressures ease as expected

This marks a reversal of the upward inflation trend observed since March

Naira remains broadly stable in June

The resulting moderation in market liquidity constrained the availability of FX supply.

Upward trajectory in pension assets

The sustained growth reflects a combination of continued pension contributions, increasing enrolment levels

Regency Alliance targets N932m Q3 profit

To bolster its core underwriting profit, Regency Alliance is relying heavily on its investment portfolio

Insurers are investing heavily in AI, yet many are still struggling to realise meaningful returns

That matters in a sector where AI is already affecting underwriting, claims, fraud detection, customer service, compliance and internal productivity.

Good governance comes before investment – SBG’s Goolam Ballim

‘Africa has never enjoyed such economic reverence.’

Nigeria’s FX market turnover crashes 46.57% to $1.63 billion second week of July

….FX Spot plunges $1.38 billion as Forwards halve; daily average collapses from $610.60 million to $326.22 million

Joburg to pay R2.4bn in debt to get R3.6bn funding reinstated

And plans bond sale to fund upgrades to infrastructure.

Alternative Investments