Managers of Wealth Africa

Gold surpasses inflation-adjusted record high set in 1980

The spot price of gold has surged about 5% so far this month, with prices hitting an all-time high of $3 674.27 an ounce on Tuesday.

Solid gains in gross official reserves

The recent boost in Nigeria’s external reserves has been supported by several factors

Billionaire Johann Rupert’s South African investment group set for big earnings boost

In a trading update for the year ended 30 June 2025, the group said that it expects a massive increase in headline earnings, which is the only metric used for trading statement purposes.

A q/q rise in Nigeria’s merchandise trade

The total value of goods exported during the quarter increased to USD13.9bn

Robust FX flows in Q1 ‘25 driven by autonomous inflows

As illustrated by our chart, FX inflows into the economy have steadily increased since Q4 ‘23

South African rand steady with domestic GDP figures in focus

Investor focus will shift to mining, manufacturing and current account numbers due on Thursday.

SARB to introduce triparty collateral management model

The SARB is actively pursuing reforms to address these bottlenecks with initiatives

Leruo Malumo on Santam’s new SmartSME insurance product

Having all of this value in a single insurance package is hugely beneficial to South African small business owners and entrepreneurs.

Redefining financial freedom for retirement

Samuel added that we need to recognise that retirement is no longer a ‘final destination’, but rather a dynamic next chapter in people’s lives

FCMB projects N265.2bn gross earnings

These are expected to lift net operating income to N149.12bn.

How Afreximbank is closing Africa’s financial, infrastructure gaps, trade barriers

Since its inception, Afreximbank’s leadership has been focused on transforming Africa’s export profile, shifting away from raw material exports towards value-added production.

Knight Frank: Africa's warehousing occupancy hit 83% on the back of trade and tech surge

Occupancy levels for modern warehouses surged to 83% in H1 2025.

GCC-Stat reports significant progress of GCC countries in Circular Carbon Economy Index

Three GCC countries topped the index at the Middle East and North Africa level

Inflation rate in Ghana continues fall to 11.5% in August

The Government Statistician said inflation for goods dropped to 13.9 per cent from 14.2 per cent in July.

Apex Group expands into Rwanda advancing digital financial solutions across East Africa

The new Rwanda office will provide clients with a comprehensive suite of innovative solutions

iib East Africa named Most Sustainable Bank in Djibouti in the World Finance Banking Awards 2025

These include financing renewable energy projects and infrastructure developments that enhance climate resilience; supporting SMEs focused on ESG such as food security; and engaging communities to boost financial inclusion.

British and French withdrawal could be a boon for African banks

The withdrawal from Africa of British and French banks, which began in 2016, seems to have reached its peak recently

R1 billion loss for one of South Africa’s biggest companies

The dispute is for a confidential contract related to the group’s manufacturing and technology agreement with a customer of mRNA products.

Great news for Discovery Bank

Discovery Life saw profit growth by 11% to 16%, mainly driven by what Discovery describes as exceptional claims experience.

NSE: 13 Kenyan Companies Record Highest Stock Prices in 52 Weeks

The Nairobi Securities Exchange (NSE) has recorded its strongest rally since 2013, and the total investors wealth reached KSh 2.76 trillion

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