Managers of Wealth Africa

Avenues Exist For Nigerian Investments In S/Africa

There should be more opening of doors in favour of Nigeria in South Africa

SA renewables at risk as foreign investors balk amid policy uncertainty

Rollout of key energy projects at an impasse; private sector and funders put on hold as major policy decisions are delayed.

Nigeria’s central bank plans $100mn sales at special auction

Nigerian authorities want to attract foreign investor

Afreximbank builds in Zim

The AGM is being held as a catalyst for industrialising Africa from June 28 to July 1.

How private equity offers big returns

Survey shows investors pocketed R18.3bn, or a whopping 123.2%, more than in 2015

Hollard’s acquisition of Regent gets go-ahead, two years down the line

The acquisition will cement Hollard’s position as SA’s second-largest short-term insurance company, increasing its lead on Old Mutual Insure, formerly Mutual & Federal.

TLcom raises $40m Africa tech fund

It will focus on fast growing scalable companies leveraging the high penetration of mobile to serve the African market

Ecobank may issue 6.7b shares for $400m convertible bond

As rights issue, the units will be pre-allotted to shareholders on the basis of their existing shareholdings.

SA leads in push to use capital for social change

Impact investing is increasingly seen as a key driver of socioeconomic development, drawing on the power of capital to advance social change.

Global financiers support Morocco’s green bond issuance

It also recognises the confidence and trust placed in the BCP Group by the largest international financial institutions.

Enterprise Group, Sanlam part ways after US$130m sale

This means that Enterprise Group can now speak to a valuation of $250 million.

KCB to tap agents in bid to up insurance uptake

Technology will be key to overcoming the stumbling blocks and increasing Kenya’s low insurance penetration.

Nigeria’s first ever diaspora bond has raised $300 million

It wasn’t initially clear how many Nigerians actually invested in the bond.

Ecobank approves $400m in convertible bonds

The bonds will be on offer to all Ecobank shareholders on identical terms shortly.

Billions held in impact investments in Africa

Impact investing has become a key focus for many fund managers on the continent.

Billionaire ups NMG stake

His listed equities portfolio currently has an estimated mark-to-market value of Sh2.8 billion, having come down from highs of Sh4 billion at the peak of the bull run in 2015.

New service for German business seeking East Africa market

This is a first of its kind partnership between an African bank and DEG and is the second worldwide after Peru.

Bob Diamond's Africa bank ups stake in Union Bank of Nigeria

It is in discussions with potential investors regarding a possible raising of new equity capital.

Velocity Trade Opens Johannesburg Office

“We look forward to strengthening our Johannesburg team and building on the growth achieved over recent years.”

Investors hunt for hidden frontier market gems

Risk improves as financial infrastructure matures and a middle class emerges

Alternative Investments