Managers of Wealth Africa

Elumelu: Job creation, inclusive growth, key to Africa’s devt

Elumelu stressed the urgency in tackling poverty, the root cause of extremism in Africa.

Germany’s Merkel urges more investment in African nations

Instability and extremism, especially in the Sahel region, also keep Western countries from further investment in Africa, she said.

Kenya’s Equity Bank to acquire Congolese lender at $105m

In a statement Tuesday, Equity Bank Chief Executive James Mwangi said the acquisition provides more impetus for the Kenyan-based lender to push ahead with its dream of converting into a pan African bank by 2024.

Africa Finance to spend $1.5bn in 2020 development projects across continent

The multilateral financial institution has a current pipeline of investments in Africa worth $7bn

A Call for Responsible Investing

There is an increasing awareness across the globe that businesses must run on the principles for responsible investment if they must remain sustainable in the long run. This global trend is gradually taking a foothold in Africa, as stakeholders gathered i

Moroccan sovereign fund aims to double investments to $6bn in 5 years

Ithmar Capital is speaking with long-term investors for co-investments in several projects in Morocco, its managing director says

Sanlam Group completes Soras acquisition

This comes a time when insurance penetration is significantly low, estimated at about less than 3 per cent.

South Africa’s €90 billion investment drive

“The rate of investment commitments made today is in the order of R363 billion rand,” said President Ramaphosa.

Analysts raise Kenya's growth projection for 2020

Acting Treasury Secretary Ukur Yatani on Tuesday proposed to raise expenditure on development projects for this financial year ending June, 2020 by Sh85.5 billion.

Vantage exits its Genser Ghana investment

When Vantage invested in March 2013, Genser had built and operated two power facilities with a combined output of 35 megawatts

Investec Property Fund ‘committed to SA’

The real estate investment trust says it will continue to look for good local acquisitive opportunities.

Sheinvest - New Initiative to Mobilise EUR 1 Billion for Women across Africa

Building on experience in northern and sub-Saharan African countries as well as in gender focused lending, the EIB will step up efforts to further invest in projects, sectors and markets

How can MENA businesses raise funds to accelerate sustainable growth

Experts at the panel titled ‘Raising Funds to Accelerate Corporate Sustainable Growth’ discussed viable funding options like initial public offerings and private financing.

IQ-EQ wins Africa Global Funds award for second year

The award win is certainly reflective of the firm’s strengthened presence in Africa; IQ-EQ has increased its headcount in the region by over 25% and now offers a full suite of fund services to the African private equity sector.

$400m Eurobond repayment expected to test Rwanda’s limits

The settlement is expected to put pressure on government coffers, even though Kigali still has the option to issue another Eurobond to retire the maturing one like Nairobi has been doing.

GIPF to pay out N$5,2 billion in benefits

The fund's assets are valued at N$118,2 billion as at 31 August 2019, where members contribute 7% of their salaries to the fund, while employers contribute 16%.

Capital demands African regulatory stability

Financial fundamentals and sustainability considerations will also be key to attracting the project financing required to develop recent discoveries.

Banks attract $4.74bn foreign investments in six months

This is an increase of 216.03 per cent over the value recorded in the fourth quarter of 2018 and 34.61 per cent increase over the value recorded in the first quarter of 2018.

Africa Investment Forum: “Short on talk, heavy on deals”, African Development Bank, South African government and partners affirm

Around 2000 delegates are expected to attend the innovative investment marketplace

Frank Salt promotes Malta property in UK and South Africa

Malta is one of the first EU member states to have formulated a specific residency plan for UK citizens opting for an attractive EU base after Brexit occurs.

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