Managers of Wealth Africa

Common currency? Well, region must first build trust and grow investment

The euro resulted in greater financial integration and provided a boost to intra-European trade, the highest in the world.

Africa and Middle East to invest $15B by 2023 in blockchain, AI: Report

Blockchain has become an area of interest for most governments in this region, with many seeking to incorporate it into their digital transformation initiatives.

The human cost of South Africa's unsecured lending explosion

South Africa's unsecured lending industry exploded into existence after the promulgation of the National Credit Act in 2007

Access Bank to Cross List N15 Billion Green Bond on Luxembourg Bourse

At the time of listing on the local bourse, the unsecured green bond was described as the first-ever climate bond standard certified corporate green bond to be issued in Africa.

Africa’s Female Fund Managers To Receive Major Boost Through Launch Of A Multi-million Dollar Fund

Over $20 million was raised for the fund on Saturday that has a current goal of $100 million.

Sovereign blue bond market ripe for the African continent

With a massive unexploited potential of marine resources, Kenya (and the continent) have a reason to get a piece of the blue bond action.

Pension funds to invest offshore

With inflationary pressure eroding assets, the pension funds are seeking for protection against the current climate by turning mainly to properties and equities.

Load shedding threatens an asset exodus, but SA can take decisive steps

Exacerbating the situation is the high number of foreign investors ditching South African assets.

FinTech startups helping Nigerian millennials invest in US stocks

All of that informed our move as there’s a really strong demand for it—especially among the internet-connected crowd.”

TLcom Capital closes $71M Africa fund with plans to back 12 startups

On geographic scope, TLcom Capital will focus primarily on startups in Africa’s big-three tech hubs — Nigeria, Kenya, South Africa — but is also eyeing rising markets, such as Ethiopia.

NSE bonds turnover doubles to Sh37bn

“The year opened with the market quite flushed with liquidity. We saw a lot of interest in short and medium term bonds from locals,” head of fixed income desk at Genghis Capital Kenneth Minjire said.

Morocco seeks to leverage Brexit to become an African investment hub

Just a few days before the Brexit agreement came into force on January 31st, Mohcine Jazouli, Minister Delegate to the Moroccan Foreign Minister in charge of African Affairs, visited London.

House prices decrease marginally

This negative feedback loop has clouded the house market outlook and led to price rediscovery in favour of a downward correction

Absa’s PMI at lowest level since September 2019

According to Investec, this was mainly underpinned by deepening rates of contraction in the backlog of sales orders and employment that dropped to ten- and six-year lowers, respectively.

Raging Bull Awards: Mi-Plan outshines SA's bigger players

Last year’s winner, Allan Gray, which has dominated the awards in recent years, slipped back to fourth position, while Alexander Forbes Investments was fifth.

TFSA vs RA

Deciphering the investment choices.

CDC Group to invest £2 billion in African businesses over the next two years

CDC Group, the UK’s publicly owned impact investor, is to commit a further £2bn into African businesses over the next two years, as it looks to double the size of its portfolio on the continent.

African Economic Outlook 2020: Africa’s economy forecast to grow despite external shocks

The slower than expected growth is partly due to the moderate expansion of the continent’s “big five” — Algeria, Egypt, Morocco, Nigeria, and South Africa

No One Wants to Be a Nigerian Stock Trader as Volumes Plunge

“Revenue that brokerage companies earn has a strong correlation with the volume of trade.”

After the big spending under Ghosn, come the cuts at Nissan

Japan’s second-biggest carmaker is set to shed at least 4,300 white-collar jobs, on top of a turnaround plan unveiled in July 2019 29 JANUARY 2020 - 13:06 NORIHIKO SHIROUZU

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