Managers of Wealth Africa

New Pensions Bill on the cards

During the workshop, it emerged that about 50 000 pensioners could be wallowing in poverty yet their pensions amounting to millions of dollars are lying idle.

Old Mutual Investment Group pairs with robo-adviser for socially responsible fund

The fund will have higher fees that Moneybox’s standard global shares fund, at 0.18 per cent compared to 0.12 per cent per year.

SA’s economy most miserable in the world

Corruption allegations and charges have destroyed the reputation of Public Investment Corporation and has led to the complete collapse of VBS Mutual.

Namibian government dismisses reports about pension fund being swamped in huge debt

According to the ministry, of the total borrowing requirement of over the past four years, only a total of 33.5 billion Namibian dollars (2.3 billion U.S. dollars) was borrowed within the same period.

Kenya quietly selling third Eurobond in Europe and the US to finance budget, repay lenders

Reuters news agency reported that JP Morgan and Standard Chartered bank have been appointed lead arrangers and that the Eurobond that will be listed on both the Irish and London stock exchanges.

Living off garbage in Johannesburg

A legacy of apartheid, inequality remains so ingrained the ANC hasn’t been able to narrow the wealth gap since taking power 25 years ago.

Nigeria remains top investment destination, says RMBN

Larbie also noted that Nigeria’s infrastructure deficit, which requires a funding of $3trillion over a 30-year period

Old Mutual unbundling: Are shareholders better off?

Is the sum of the parts worth more than the previous whole?

African Union urges Nigeria to join new trade zone

Continent’s largest economy is worried the deal will hurt its local industries

Treasury woos UK, American investors for new Eurobond

The new bond will be listed on the Irish and London stock exchanges, the lead arranger said.

Japan Partners ATI, IDB On Trade Insurance To Africa, Announces Take-Off Today

For Japan’s infrastructure exports to Africa, NEXI should cover 85 per cent of the fundings while the IDB and the ATI will cover the remaining 15 per cent.

Equity Bank to expand to Ethiopian market

Equity Bank plans to expand to the Ethiopian market later this year once the Ethiopian government okays its plan.

Best Banks In Africa 2019: Innovating For Profit

African banks expertly wield tech tools to satisfy corporate clients and draw in millions of new consumers from cities and rural areas.

IFC invests Sh5bn in new Helios fund

“The proposed project is for an equity investment of $50 million, not to exceed 20 percent of total committed capital.

Morocco continues its push into Africa

Feuds with its neighbours and unemployment at home have driven Morocco to look beyond Africa’s Maghreb region to develop new markets.

Equity Bank clients to access research insights to aid in investing

Equity Group’s CEO James Mwangi says the move will enable clients to make informed decisions and avert would be losses from bad investment decisions.

It’s the perfect time for British businesses to invest in Africa

So, why Africa? The continent is full to the brim with opportunities for British businesses across all types of sectors, including infrastructure, agri-tech, and renewable energy.

The give-and-take of BRI in Africa

Examining BRI projects in Africa reveals a nuanced reality of how the initiative functions in the developing world, where infrastructure financing is desperately needed, and political externalities are of secondary concern to the receiving states.

Kenya banking on innovative financing to revitalize higher education

Magoha spoke during a forum to review the status of higher education in Kenya organized by the Kenyan government in partnership with the World Bank.

Tips from South Africa’s top bosses on how to grow the economy

One of the founding chiefs of the private bank and money manager spanning South Africa, the U.K., U.S. and Australia sees the finances of state-owned companies as a key priority.

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