Managers of Wealth Africa

East Africa's bourses losing investors to PE firms

“Investor interest in PE suggests increasing appetite for private equity investments, considering the limited opportunity in listed equity markets,”

Arise to acquire 29.5% stake in Moza Banco

Arise has received approval from the Central Bank of Mozambique to acquire a 29.5% stake in Moza Banco, a locally owned bank, through a subscription of new shares.

Raila's remarks on Africa growth figures at public talk off the mark

A look at the average growth rates of the 255 global economies for which data is available indicates that the tiny island nation of Nauru has had the fastest growth rate in the past ten years averaging at 16.6 per cent cumulatively between 2007 and 2017.

IFC and BRVM partner to strengthen corporate governance

Corporate governance practices among West African companies lag international standards

ANC still eyeing pension assets

Election manifesto language far more specific than vague Nasrec resolution …

Pension funds hit at estates amendment Bill

The proceeds of policies which are due to a minor are paid by insurance companies to either the guardian of held in a fund

Hard times ahead for Kenyan fund managers

The expected decline is mainly due to performance at the stockmarket

Why Banks in Morocco Are Spreading the Wealth Around Africa

Moroccan banks' expansion across Africa will allow Moroccan businesses to invest and integrate better into the continent, gaining lucrative market access.

Emerging trends in Africa’s impact investment sector

Investors seek socially responsible investments and Development Financial Institutions DFIs, from Europe such as Norfund, IFU, Swedfund, FMO and Proparco are some leading investors at present.

2019: why retirees deserve more than pension, gratuity

The elder statesman, who retired from active service in 2010, advised that Nigeria should respect age and accommodate the fact that retirees deserve certain privileges that governments from outside give retirees.

Kenya’s economy to grow by 5.4pc-Sanlam

Analysts at Sanlam Investments East Africa, project that the economy will this year grow at about 5.4 percent, marginally slower than the 5.8 percent growth that is expected for 2018.

Focus on Africa: Ghana bolsters banking sector amid strong growth

Ghana’s Finance Minister Ken Ofori-Atta announced earlier this month that up to 11 banks struggling with bad debts and shortage of liquidity had folded up or opted for mergers.

AfDB Approves US$14.12 million To Support Nigeria’s Membership in African Trade Insurance Agency

Once membership formalities in ATI are finalized, Nigeria could benefit from gross political and commercial risk insurance cover on total investments and trade amounting to over US$ 5 billion by 2020

US $12.1m set to fund water projects in Morocco

The AfDB will provide a loan worth US$8.3m while the Chinese fund, Africa Growing Together Funds (AGTF) will provide US$5.5m.

North African SMEs get boost from AfricInvest

Maghreb Private Equity IV is a 10-year fund which will take what AfricInvest called “substantial minority stakes” in business across the region

AfricInvest and Catalyst Principal Partners acquires stake in Prime Bank

“Prime Bank welcomes this new partnership with AfricInvest and Catalyst, which further strengthens our capital base in order to carry out strategic plans which include … expanding locally and regionally,”

5 reasons to make sure your art is covered correctly

The value of the artwork could appreciate "dramatically", Colman said.

Fears grow in Africa that the flood of funds from China will start to ebb

Slowing growth and rising debt at home may affect Beijing’s ability to keep up its vast investments in the developing world

Pan-African fund AGF secures Sh2.9bn to finance small firms

The credit growth remained well below the central bank’s target rate of 12-15 percent, a growth adequate to support economic development.

Kenya’s Biggest Mortgage Lender Plans to Double Loans in Two Years

The government of East Africa’s biggest economy is expected to have set up Kenya Mortgage Refinance Co., which will provide funding to lenders and enable banks to refinance current home loans

Alternative Investments