Managers of Wealth Africa

Kuramo raises stake in fund manager GenAfrica

The Sub-Saharan Africa’s focused Kuramo paid Sh540 million for the additional stake on the same terms as those bought from Centum.

British fund Gemcorp extends $250 million loan to Zimbabwe - CEO

Zimbabwe’s backlog for foreign payments is more than $600 million, according to the central bank.

United Bank, Afreximbank to finance Egyptian exports to Africa

The collaboration will allow the duo to guarantee export earnings of Egypt, protects exports from risk of non-payment and increase volume of foreign trade in African markets.

Kenyan pension funds band together for infrastructure investment

Investing in infrastructure is new for most pension plans in Kenya

Chartered Insurance Institute opens Middle East and Africa office

There is growing demand from the region for the raising of professional standards

Angola receives renewable energy investments worth $1m

As part of its long-term development strategy, the government of Angola aims to expand electricity access to 60% of the population by 2025, with an expected 70% to be derived from renewable sources.

City Billionaire Puts His Eight Hotels Up For Sale

The eight hotels boast of over 350 rooms in form of tents, cottages, and hotel units.

Imara and Spayne Lindsay forma strategic alliance

Spayne Lindsay has a thirty years relationship with key owners and managers of Imara including the Fleming Family and Tom Gaffney, Director of Imara Holdings Limited.

RMB launches 2019 investment attractiveness rankings for Africa

Egypt appears to be the most attractive investment market.

Six NSE-listed companies shop for investors at London investment summit

A further 11 companies from Nigeria, Uganda, Mauritius and Botswana will also be represented by senior executives, underlining African companies’ growing profile among global investors

Meet the 'Maverick of Mauritius' who runs a £18bn fund firm from the beach (that's when he isn't Thai boxing)

In eight years, his investment management operation has amassed assets of £18 billion.

Zim mulls pension reforms

The reforms are also meant to improve welfare of pensioners, harness long term domestic savings and improve on regulatory framework.

Zimbabwe's new finance minister mulls scrapping bond notes

The notes are backed by U.S. dollars loaned to the government by the African Export and Import Bank, and can be used like cash.

Morocco’s BMCE Bank of Africa, China-Africa Business Council join hands to boost investments in Africa

The banking group, which has recently opened a new branch in Shanghai, said Chinese operators will also benefit from “the added value brought by the Shanghai branch.”

Old Mutual: dominant and flush with cash

There will be more gifts for shareholders after the sale of the Latin American business goes through

South African recession is "transitional issue" - Ramaphosa

The rand has slumped more than 5 percent against the dollar this week and government bonds have sold off steeply, also hurt by the turmoil on Turkish and Argentinian financial markets.

Nigeria, capitalise on renewed scramble for Africa

This is why the country played host to two world leaders, Theresa May of the United Kingdom and Angela Merkel of Germany, who made whistle-stop tours of the continent last week.

China-Africa Development Fund reaches $10 billion

To support Chinese companies in Africa, the fund was set up in 2007 following the 2006 Beijing Summit of the Forum on China-Africa Cooperation with an initial scale of $5 billion.

Nigeria’s pensions potential attracts foreign interest

The industry is still young but better regulation and a huge population are a draw for investors

ABANA to Honor David Rubenstein for his Contributions to the MENA Region

The 2018 ABANA Award Dinner partners include BlackRock and The Carlyle Group.

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