Managers of Wealth Africa

FNB launches Islamic trade finance offering

The offering further includes access to various trade finance products

WikiLeaks' Kenyan Roots Revealed

It is Kenya that gave the WikiLeaks, the scoop that transformed its founder- Julian Assange, from an unknown hacker to one of the most talked about people on the planet.

Top European markets ‘continue to draw Mena investors’

This has led to huge investment domestically via PIF, the Saudi Sovereign Wealth fund.

Banks key to Africa’s economic integration

Fostering intra-Africa trade today is fundamental to the continent’s future economic wellbeing.

World Bank Launches Human Capital Plan to Propel Investment in Africa's People

In an effort to help countries turn these indicators around, the World Bank's Africa Human Capital Plan is setting ambitious targets to be achieved in the region by 2023.

Expert questions the number of insurance firms operating in Ghana

He revealed that the current total number of companies collectively contributed to a gross premium of $600 million and with a penetration rate of ‘abysmal’ 1.2% compared to African countries like South Africa and Morocco.

AfDB president makes case for increased U.S. investment in Africa

Adesina also urged support for the Affirmative Finance Action for Women in Africa, a US$300 million risk sharing facility designed to unlock $3 billion in credit for women-owned businesses and enterprises in Africa.

Ghana is number one fastest growing economy in Africa in 2019 – IMF

The latest report also suggests growth was robust in the first three quarters of 2018, on the back of oil production.

AfDB Holds Strong Case For Increased US Investment In Africa

Acknowledging continued U.S. support for Africa, Adesina said, “ now is the time to scale up and take advantage of opportunities that other global players are already investing in."

African Development Bank to host Investment Forum Roadshow in Angola

The event will convene traders, experts and financiers in the public and private sector, who seek to invest in Africa's development.

Equity Diaspora cash hits Sh107bn

That means Equity earned a fee of Sh7 million, or 0.70 percent, for every Sh1 billion diaspora cash transfer it processed, slightly reduced from Sh7.8 million, or 0.78 percent of the value, in 2017.

South Africa’s rand crosses 14.00 threshold, stocks gain

The last time the rand traded below 14.00 was on Feb. 27.

Tanzanian president warns officials who frustrate investors

He said red tape will not be entertained in his administration when it comes to the promotion of investments in efforts toward making the country a middle-income status by 2025.

FMDQ records N63.25tn turnover in Q1

The FMDQ said the figures excluded primary market auctions in Treasury bills and bonds

African Development Bank President makes strong case for increased U.S. investment in Africa

Discussing the role of the African Development Bank in financing the continent’s development needs

Price hikes choke Zim growth prospects: World Bank

The WB economist further noted that if government manages to craft appropriate growth policies in terms of macro-economic stability, manage deficits and inflation, the country could grow its economy without the need for external funding.

Cathay Capital and AfricInvest to raise $168M Africa VC fund

He expects to see strong local showing for startups from across Africinvest’s 10 country offices

Nigeria and India Become the Fastest Growing Export Markets for UK Goods

The UK exported £350bn in goods in 2018

Nigeria’s economy slipping, says World Bank

The analysis, it said, involved a series of macroeconomic variables for 44 sub-Saharan African countries from 1995 to 2018.

Asset managers want control of Sovereign Wealth Fund

The proposed fund would invest revenue from petroleum and mineral revenues to three components namely savings, budget stabilization and one for domestic spending and investment.

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