Managers of Wealth Africa

Tunisian Banks Face Surge in Credit Losses as Debt Relief Ends

The ratio of impairment charges to pre-impairment operating profit rose to 62.9% for our sample of major banks in aggregate, from 29.9% in 2019.

What role does ESG play in SA fixed income?

How should fund managers be incorporating ESG considerations into their portfolios?

Africa and the investment opportunity

He stresses that investing in African countries carries risks, but these were too often exaggerated.

S.African investors exit local coal project on climate concerns

Africa’s biggest CO2 emitter and one of the world’s top-ten coal producers had pledged to reduce emissions by more than one third by this year under the Copenhagen Accord by retiring numerous coal plants and intensifying renewable energy inves

The process of financial emigration

Financial emigration should not be confused with emigration and it is important to understand the difference at the outset.

Standard Bank digital drive connects African exporters with Chinese market

Digital match-making forums also allow African exporters to participate in the activities of the import-led trade show without having to be there physically.

Low yield, inflation threat to pension funds growth

Fund managers’ exposure to investment vehicles in the real sector was extremely low due to the high level of risk involved, according to Yusuf.

DPI elects three new partners

Development Partners International (DPI), a pan-African private equity firm with USD1.7 billion in assets under management, has elected three new professionals to its Partnership.

Resurgent South Africa joins Saudi Arabia on road to economic reform

Saudi Arabia seen as potential investor in Pretoria’s $100 billion investment recovery plan

KCB upbeat National Bank to yield billions by December

So this year we expect NBK will cross Sh1 billion in profits which is a very strong contribution,” Mr Oigara told the Business Daily.

Making a case for offshore investing

A diversified portfolio contains a mix of distinct asset types in an attempt at limiting exposure to any single asset or country/region.

NASIRA fund backs Sasfin

South Africa was already suffering from high unemployment and power cuts, and now the corona lockdown hit the economy even harder than many analysts were expecting.

Jubilee Insurance eyes new markets after Allianz deal

The figure of loans on life policies has also gone up in the last three months and I think this is expected as a way of making ends meet.

Fund Domiciliation Highlighted as Key Issue for African Investors in New Report from Jersey Finance

Jersey Finance has launched a new report exploring the emerging trends for fund domiciliation and capital raising, particularly as a route for private equity impact investing into the wider African continent.

Pension Fund Trustees Urged To Embrace Good Governance Practices As Sector Expands

Raichura urged pension funds to play their rightful role in developing the country.

JSE and Globacap to launch African infrastructure private placement platform and SME funding market

The platform will facilitate this more easily and efficiently, utilising Globacap’s private placement technology which automates the world’s private capital markets.

Spotlight MEA: Entrepreneurship in Fintech in Tanzania and Wider East Africa

Fintech continues to attract more investment and interest of new disruptive business models, from how we consume financial services to how we invest.

African Trade Insurance Agency (ATI) supports USD67m solar plant in Malawi to fill a critical energy gap

This is the 2nd renewable energy project supported by ATI’s Regional Liquidity Support Facility (RLSF), designed to cover the late-payment risks of publicly owned power utilities

Illicit Financial Flows: Africa is the world’s main creditor

Contrary to the dominant discourse, it is actually the case that the 54 African states finance developed countries and not the other way round.

AFRICA: the AfDB provides training on the development of projects eligible for GCF

As part of this initiative to increase the GCF’s climate financing in Africa tenfold, the pan-African financial institution is receiving support from the Korea-Africa Economic Cooperation Trust Fund, which is financing the work.

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