Managers of Wealth Africa

South Africa takes a hit

This came after the announcement of US punitive import tariffs, marking the beginning of a developing trade war leading to daily volatility, plummeting markets, and slashed global growth forecasts.

World Bank, Nigerian Govt disagree on 2025 budget assumptions

The global bank, despite the challenges and the rising cost of living in the country, urged the Federal Government to stay on course in the implementation of its economic reforms.

African Development Bank and Bank of Africa Benin sign €15 million guarantee facility to improve trade finance and support businesses

The signing of this agreement represents an important milestone in the African Development Bank Group's commitment to Benin's private sector

Unemployment jumps in South Africa

This resulted in a decrease of 54,000 (down by 0.2%) in the labour force during the same period.

UBA: Constantly charting a bold path for Africa’s financial future

Conceived by UBA’s Group Chairman, Mr. Tony O. Elumelu, CFR, the Forum has become a strategic platform for charting the bank’s future.

N54.9tn budget: FG, W’Bank at odds over funding strategy

The budget was raised from the initial proposal of N49.7tn submitted to the National Assembly.

Best Pan-African SMEs recognition highlights Standard Bank’s commitment to small businesses

From affordable banking options for startups to integrated payment solutions for expanding businesses, SMEs need partners who understand their specific requirements.000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

Foreigners dipping back into South Africa

The purchases have been relatively small, at an average of R376 million a day compared with daily of outflows of more than R1 billion for the whole of the year.

One of South Africa’s most critical sectors disappoints

Seven of the ten manufacturing divisions reported negative growth rates over this period.

Good news gets better for interest rates in South Africa

This led to a multi-trillion-dollar sell-off globally, and investors taking major step back locally, waiting for the dust to settle.

Investors are partly to blame for SA’s problems – Ndlozi

Former EFF MP says ‘wrong’ investment decisions are causing unemployment, while Moeletsi Mbeki offers a different perspective.

Access, Zenith, six other banks grow investment securities to N41.7tn

United Bank for Africa led the pack with N13.13tn in investment securities in March

Huge relief for South Africans coming soon

The lower petrol prices come courtesy of steep declines in global oil, where spot prices have dropped below $62 a barrel.

Ghana must invest in its own growth – Stanbic Bank CEO

The event brought together over 350 stakeholders including institutional investors, development finance institutions, and fund managers.

R100bn Transformation Fund hopes to spend R20bn a year

But not everyone thinks it is a good idea – it’s far larger but also more complex than other institutions with similar aims of boosting black participation in the economy through financial and non-financial support.

Tinubu approves plan to attract $122bn power investments

The policy aims to unlock $122.2bn in investments to overhaul Nigeria’s power sector.

Zylus Group unveils asset management firm to enhance value-driven solutions across sectors

With Trustline Capital onboard, we are deepening our capacity to help clients grow and secure their financial futures

Fidelity Bank Launches Orange Inspire to Empower Ghana's Creative Economy

The aim is to make a meaningful difference in an industry that has too often been overlooked by banks and policy makers alike.

Fitch maintains Ghana’s 2025 GDP at 4.2%

The report noted that counterbalance in gold prices, combined with lower energy costs, would drive the current account surplus to a record 6.9 per cent of GDP in 2025

A marked m/m contraction in revenue in Jan ‘25

Regarding drivers, the marked m/m reduction in the overall federal revenue was primarily driven by weaker oil receipts

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