Managers of Wealth Africa

EIB and ADB to invest in creation of Development Bank of Nigeria

New private sector investment is crucial to create jobs and enable the business to expand and limited access to long-term financing holds back economic growth.

Invest efficiently to service debts - World Bank urges African leaders

The report noted that Sub-Saharan African countries had tapped international markets at an increasing pace.

mSurvey receives $3.5mn in Series A investment

mSurvey has worked with establishments including the Commercial Bank of Africa, Kenya Commercial Bank, Safaricom, Airtel, Java House, Liberty Insurance, and Britam as well as US-based companies and institutions including Harvard, Emory and CNN.

Responsible investors channel over us400-billion into africa

Southern Africa leads with US$399.45 billion of assets being reported to implement at least one IFI strategy.

Pensioners task Ogun govt on 8-point demand over welfare

"Demand for the full payment of gratuity according to the regulation guiding the defined benefit Pension scheme, i.e reverse from B.R.T payment.

South Africa seeks investment of USD 8 bn to boost economy ; sets up team of experts

South African President Cyril Ramaphosa appointed a team of business and finance experts on Monday to hunt the globe for USD 8 billion investment to boost the ailing economy.

SBM Holdings finalises purchase of 75% of Chase bank assets

The remainder of each transferred deposit will be held on fixed term deposit with SBM Kenya at an interest rate of 6.65 per cent per annum.

MCB Group strongly represented at the Africa CEO Forum

This year's edition took place in Abidjan, Ivory Coast, on 27 and 28 March

South Africa's millionaires choose these luxury sports cars

Although sports cars are popular with South Africa's wealthiest, luxury car sales decreased in 2017 compared to 2016.

Investing abroad: A world of opportunities awaits

For most South Africans, this is simply not the case.

Europe’s EBRD considers expansion in Africa

With abundant capital, European development bank broadens its horizons

African Alliance fined N46.1m for late account submission

The insurer, investigation revealed, has failed to declare meaningful dividends or bonus to their shareholders for four consecutive years, while its results have not been quite impressive within those periods as well.

SA’s franchise sector shows positive growth – survey

Diversity challenges remain, respondents cite SA’s low-growth environment as a barrier to success.

Why employers are opting for defined contribution retirement schemes

The employer guarantees a defined amount of lifetime income at retirement to members and is solely responsible for realising this promise.

Afreximbank signs $100 million agreement with Indonesia Eximbank

Amr Kamel, Executive Vice President, Business Development and Corporate Banking, signed the agreement on behalf of Afreximbank while Sinthya Roesly, Chairman and Executive Director of Indonesia Eximbank, signed on behalf of her institution.

8 of the cheapest countries for South Africans to buy citizenship in 2018

One of these options is citizenship by investment – effectively buying the passport and entry into another country through property or cash investments.

Govt turns to Asia to sell debt

By staging two non-deal roadshows to Singapore, Honk Kong and Japan, the government is also aiming to profit from bearish interest rates in those countries where investors are virtually seeking trusted alternative instruments to their low yield ones.

Angolan government reviews insurance and pension fund legislation

The General Insurance Law, which has been in force in Angola since 2000, states that the business of insurance and insurance mediation throughout the country can only be authorised by the Ministry of Finance.

Standard Bank eyes West Africa growth after Ivory Coast opening

Francophone West Africa is increasingly becoming important as a vector of growth on the African continent.

Allianz makes $120m investment in African infrastructure

Long-term loan could signal shift in appetite for African risk from institutional investors

Alternative Investments