Managers of Wealth Africa

Value of bad loans hits Sh366bn, CBK reveals

Firms that had borrowed based on the forecast of cash flows have also been struggling to repay their bank loans.

Kenya's trade deficit drops Sh33.6bn on corona woes

As a result, the price of a litre of petrol and diesel in Nairobi had come down to Sh83.33 and Sh78.37 in the May review, from Sh109.50 and Sh101.78 respectively at the beginning of the year.

Investment One records highest month on month growth on RSA Fund II

Investment One ranked first out of 22 Pension Fund Administrators, having recorded a 6.16% month on month growth on its Fund II, the highest among other PFAs.

Investors Pile Into Africa Unconcerned About Virus Spreading

Investors are looking past the risks as unprecedented stimulus by governments and central banks around the world drives down the dollar and re-awakens the search for yield.

Arab Monetary Fund Loans $211 Million for Morocco’s Economic Recovery

The loan is intended to help Morocco address the repercussions of the COVID-19 crisis.

Oppenheimer, Cisco-backed Harambe raises $1 million for African tech startups

Based in the US, Harambe-founded companies raised more than $500 million from prominent families, individuals and international companies to support African entrepreneurs.

Jersey – Supporting Economic Growth and Job Creation in Africa

A study published in 2014 by Jersey Finance found that over the next 30 years, Africa needs to invest US$85 trillion in its infrastructure to support its growing population

S. Africa's Sanlam buys out Nigerian insurance business from First Bank

Sanlam did not disclose the value of the deal

New era for RMB Holdings as shareholders vote in favour of unbundling FirstRand

The group's property business does not directly own any physical property.

Pandemic bond: EA states to access up to $15m from World Bank

The payouts will be in addition to the $1.74 billion that the World Bank has already disbursed to Kenya, Ethiopia, Uganda, Somalia and Rwanda in the past three months in form of loans and grants, meant for Covid-19 response, budgetary support and for figh

EMEA fixed income investors bid on ESG for superior returns

EMEA investors have the highest proportion of investments covered by ESG considerations

Investing in girls, women’s empowerment in Africa

One important aspect introduced by SWEDD 2 is the enhanced attention to strengthen legal frameworks that promote women's rights to health and education.

A Strategic Vision And Results That Are Transforming Africa

Structural transformation is needed to create more jobs, reduce poverty and accomplish sustainable development objectives

Pensions may fund recovery

ANC proposes greater financial intervention to revive economy after pandemic

Oran Hall | Weighing The Two Types Of Pension Plans

The employee may also make a voluntary, or optional, contribution, which is also a stated percentage of taxable salary up to which each employee may contribute.

Deal Making In East And Horn Of Africa Amidst The Current Pandemic

Most investors have currently put negotiations on investment projects on hold but are set to deploy capital as soon as there is some confidence in the business environment.

Should investors join the rush?

The reality is that an offshore investment should always be on your investment to-do list, and the main reason for this is diversification, both by asset class and currency.

Carlyle spins out African team as it ends plans for new fund

The move comes as the coronavirus pandemic upends global markets, with the International Monetary Fund predicting sub-Saharan Africa’s economy will shrink by 1.6% this year, the worst on record.

An income for life: Understanding living annuities

What to consider when making this critical decision.

Zambia hires Lazard to advise on $11bn debt burden

Nation seen as next big test for whether debt-distressed countries can secure deals

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