Managers of Wealth Africa

Investec to sell Limpopo, Rustenburg malls for R727m to invest abroad

At the moment, the conclusion of the disposal awaits approval from the Competition Commission, but are expected to conclude in March 2020.

CDC Group launches new wave of African investments

Investors have a real opportunity to embrace the UN’s Sustainable Development Goals

African venture capitalists bullish over VC sector ahead of Nigerian Interswitch’s IPO

2020 is expected to be a good one for tech investments in Africa, says venture capitalists

Africa is resurging, AfDB tells global investors

Lists $108b yearly infrastructure financing gap

Middle East, Turkey and Africa to spend top dollar on innovation, digital transformation

Additionally, spending on artificial intelligence will top US$600-million in 2023, doubling from 2018 levels, while IOT spending will reach US$17-billion in 2023, six times the value seen in 2018.

Ghana Delays Mining IPO to Review Royalty Payment Processes

Ghana picked Bank of America Corp. to lead plans for the dual-listing in London and the local bourse, people familiar with the matter said in November.

Africa-Europe Alliance: Four new financial guarantees worth €216 million signed under the EU External Investment Plan

This article is brought to you in association with the European Commission.

Janngo: accelerating sustainable development in Africa

The fund also aims to target at least 50% of startups founded, co-founded or benefiting women.

Bridging Africa’s Great Gender-Financing Divide

Clients seek her services through her social media pages where she markets her products under the name Soi Pallet Designs.

IMF cuts SA's 2020 growth forecast

South Africa's downward revision pulled down growth expected for the sub-Saharan Africa region, where growth is expected to tick in at 3.5%.

Britain’s CDC adds $400m of investments in Africa push

This comes as British Prime Minister Boris Johnson calls for deeper links between Britain and Africa.

Equatorial Guinea Speeds Up Year of Investment Drive with Nigerian Investors

The delegation from Equatorial Guinea met with several Nigerian executives from the Africa Finance Corporation, Polaris Bank, Sterling Bank, First Bank, UBA and Zenith Bank

T-bill uptake declines after reopening of two bonds

The Treasury has reopened the 10-year and five-year bonds targeting Sh50 billion.

Nigerian lender to inject fresh capital into Transnational Bank

It will be paid for in cash so we have taken out the existing shareholders and we will basically inject a bit more equity into the institution.

South Africa Readies Asset Sales as SAA Faces Funding Crisis

The ruling African National Congress and its communist and labor-union allies want the state to control assets that can support development, while protecting jobs.

SoftBank offers to invest $40 billion in Indonesia’s capital

Last week, Indonesia secured $22.8 billion from the UAE to launch its first sovereign wealth fund as the Southeast Asian nation seeks to finance billions of dollars of infrastructure and energy projects.

Nigeria: Expert projects 2.2 per cent GDP growth in 2020

Multiple exchange rates would persist, a high possibility of more forex restrictions and inflation to average 11.3 per cent to 11.5 per cent in 2020.

Ensuring the Benefits of Capital Flows in the Middle East

But the region’s economies must do more work to ensure the benefits of portfolio inflows while securing more stable and growth-friendly foreign direct investment, our research shows.

Nigeria’s pension industry squeezed as risk outlook for banks worsens

Neither can the pension funds invest in banks that do not pay dividends, while investing in foreign assets requires an “almost presidential level of approval”.

Reinsurance is growing; what does this mean to consumers

The move, he said, is expected to increase opportunities for KenyaRe to leverage and eventually maximise on long-term shareholder value.

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