Managers of Wealth Africa

Accuro Jersey proud sponsor of Alive and Kicking programme: "Bounce back from COVID-19" in Kenya

The programme delivers vital COVID-19 and mental health education to thousands of young people

Microfinance banks cut lending on Covid default fears

Banks saw 13.6 percent or Sh403.9 billion go into default and managed to restructure Sh1.12 trillion indicating industrywide loan servicing problem.

FirstRand exposes a vulnerability in South Africa’s financial system

The banking sector is seemingly being held hostage by a relative handful of people able to cope with its complexities.

Investors lose N232bn as stock market fall deepens

The premium subsector was the most active (measured by turnover volume), with 175.38 million shares exchanged by investors in 2,612 deals.

SA bounces back on export demands

The rand value of the surplus was also more than four times the size of the previous largest surplus of R63.4bn recorded in the first quarter.

Rating agencies warn of rising African debt risks

While it should fall in most of those countries by 2022, the likes of South Africa, Uganda and Rwanda are expected to see further 10 percentage point rises in their debt levels.

Time to look at value again? Asset manager Piet Viljoen back on form

This year, Viljoen’s returns have started to sparkle again – a development that has prompted a rethink on his funds by Magnus Heystek, the respected independent financial advisor, of Brenthurst Wealth Management.

Nigeria: Fidelity Bank to Raise N75 Billion Through Bond Sale

The offer opened on Monday December 7 and is expected to close on Monday December 14, 2020.

S Africa economy rebounds in Q3 after pandemic crash

To this day, South Africa accounts for the most coronavirus cases of any African country, with almost 820,000 confirmed infections out of 2.3mn.

ADIA looks to Africa for new investment opportunities

The fund's 20-year annualized rate of return at Dec. 31 was 4.8%, vs. 5.4% in 2018.

Africa Enterprise Challenge Fund (AECF) Launches Results Based Financing Programme for Clean Energy Companies

The US$ 4 million programme will support commercially viable companies establish new markets and accelerate access to clean energy

Morocco raises $3bln with three-part bonds

The debt sale, which offers coupons of 2.375%, 3% and 4%, was managed by Barclays, BNP Paribas, JPMorgan and Natixis

FCMB Group Plc projects PBT of N4.2 billion for Q1 2021

FCMB Group Plc has projected a conservative outlook for Q1 2021.

Access Bank seals partnership with Coronation Insurance on bancassurance

Access Bank has announced a partnership with Coronation Insurance to drive bancassurance in Nigeria.

Egyptian equity firm announces first investment

The LCP Fund II invests in Dsquares, a company founded in 2011 that offers businesses end-to-end loyalty and rewards solutions.

African leaders seek ways to mitigate COVID-19 challenges on human capital

She said governments, financial institutions, and the private sector must stay the course by driving sustainable investment, maintaining access to international markets, putting the brakes on corruption, and strengthening support for small and medium-size

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