Managers of Wealth Africa

African Development Bank President makes strong case for increased U.S. investment in Africa

Discussing the role of the African Development Bank in financing the continent’s development needs

Price hikes choke Zim growth prospects: World Bank

The WB economist further noted that if government manages to craft appropriate growth policies in terms of macro-economic stability, manage deficits and inflation, the country could grow its economy without the need for external funding.

Cathay Capital and AfricInvest to raise $168M Africa VC fund

He expects to see strong local showing for startups from across Africinvest’s 10 country offices

Nigeria and India Become the Fastest Growing Export Markets for UK Goods

The UK exported £350bn in goods in 2018

Nigeria’s economy slipping, says World Bank

The analysis, it said, involved a series of macroeconomic variables for 44 sub-Saharan African countries from 1995 to 2018.

Asset managers want control of Sovereign Wealth Fund

The proposed fund would invest revenue from petroleum and mineral revenues to three components namely savings, budget stabilization and one for domestic spending and investment.

Sterling Capital set to begin Sh2bn hedge fund

One sector is the small and medium-sized enterprises sector that is in dire need of funding solutions locally.

The Stages of Financial Inclusion

Financial inclusion, according to Nigeria’s Central Bank, is the access to financial services of the adult population

Sanlam sells Sh730m stake in asset manager

“SEM sold a stake in the Kenyan-based Sanlam Investments East Africa asset management business to its local partner, realising R101 (Sh730 million),” the multinational disclosed in its latest annual report.

Africa's IHS eyes South-east Asia, Middle East

The expansion outside its home continent could help IHS increase its appeal to investors after abandoning plans for an initial public offering last year.

African Development Bank Regional Economic Outlook: West Africa region to see mixed growth into 2020

“The region could benefit immensely from many opportunities—diversification, infrastructure development, and linking production to global value chains, “ – African Development Bank, Senior Director

What Are We Building? The Next Phase of Real Estate Financing in Africa

Asset realisations have taken longer and have been less profitable than expected. Some institutions have chosen to exit direct African real estate investment entirely.

US pension funds urged to pick Kenya

Kenya is already a hub for numerous US companies where we have spent over Sh1 billion in improving healthcare, agriculture, education and security,” he said.

Kenyans shun banks over stringent loan conditions

The report further says over 60% of Kenya surveyed still use informal loan solutions like chamas, borrowing from friends and family as saving cash at home.

AfDB supports state’s efforts to boost SA’s economic growth

State capture inquiry, restructuring of parastatals, new tax measures and R50bn stimulus all positive for investors

SA's golden opportunity to uplift Africa

This NDB’s meeting came against the backdrop of worrying global events such as Cyclone Idai in Mozambique, Brexit, US politics, and the waning of global institutions such the UN and World Bank.

Cameroon: Private sector captures only 11% of AfDB investment portfolio

In need to address the situation, the bank set up a strategy seeking to promote private investment in Cameroon

African Development Bank Helps to Break Down the Barriers to Free Trade in Africa

Since 2010, economic and social integration projects financed by the Bank have multiplied, breaking down barriers between states and economic zones.

Brics Bank lends R32bn to SA organisations

Cleaning up Medupi’s mess is just one of the projects.

Bloomberg Publishes Q1 2019 EMEA Capital Markets League Tables

Bloomberg has published its Q1 2019 EMEA Capital Markets Tables, representing the top arrangers, bookrunners and advisors across various deals including syndicated loans, bonds, equity and M&A transactions

Alternative Investments