Managers of Wealth Africa

Afreximbank – Trade Development Bank close $500 million loan facility for Kenya

The Afreximbank and TDB-led facility comprises two tranches made up of a $200-million 10-year amortizing loan by TDB

Fidelity Bank and Prudential launch innovative insurance solutions

The Fidelity Life Plan is the first income protection product in Ghana with unlimited cover, guaranteeing 100 percent reimbursement

These are the 2017 Africa CEO forum Award Winners

Anta Babacar Ngom Bathily was awarded ‘Young CEO of the Year’

Reserve Bank of Malawi approves merger of two smallest banks: Finance Bank and Opportunity Bank

The merger reduces the number of licensed banks in Malawi to nine

SA’s net equity outflows hit R31.7bn in 2017

Offshore investors bought a net R785.53m worth of local bonds over the past week

Lucrative USD 322 billion private equity investments in emerging markets remain elusive for Middle East

A roster of high-level public officials and chief executives from high-performing PE firms and alternative investment markets will be among the speakers.

Carlyle Group names Dele Babade as advisor for sub-Saharan Africa

Global alternative asset manager The Carlyle Group on 13 March 2017, announced that Dele Babade has been retained as an Advisor to Carlyle’s Sub-Saharan African Fund effective immediately. A seasoned investor with close to 30 years’ experienc

African Bank Limited – Release of the quarterly Basel III Pillar 3 report as at 31 December 2016 as prescribed by the Banks Act

The overall balance sheet of the Bank remains strong, with advances well provided for, high capital adequacy and total cash holdings of R 11.03 billion.

New set-up for Rabobank in Africa to pool interests

Its partner Dutch development bank FMO holds 27% and Norway’s Norfund own the remaining shares.

Central Bank of Nigeria Floods Banks With Dollars

In a data released by the CBN, the apex bank, within three weeks, injected more than 1.4 billion dollars for both wholesale and retail intervention into the interbank Forex market.

RBZ engages DBSA for infrastructure finance

THE Development Bank of Southern Africa held a closed door meeting with the Reserve Bank of Zimbabwe recently to discuss how it could partner local development finance institutions.

Metito's experience with islamic finance in Africa

Wafic Ghanem, Chief Financial Officer, Metito writes for Islamic Business & Finance about his experience in receiving Islamic financing in the African market for his firm’s private sector infrastructure projects.

Fledge’s Africa Eats fund makes first three investments

Fledge has incubated 63 ventures through eight programs in Seattle and Lima.

UAP profit dips even as new marine cover raises hope

The law was only covering imports from January any business that had been concluded before the end of last year was still insured overseas.

Tunis Stock Exchanges thinks big

The aim is to enable students of this university to combine practice with theory and to carry out the exchange trades on the spot.

Diageo Unit to Offer Kenya's First Corporate Bond Since 2015

The issue is the first corporate bond since the collapse of Imperial Bank Ltd. in October 2015

Sanlam initiative to help South African take charge of their finances

Sanlam’s head of savings, Trurman Zuma, says the importance of budgeting is hard to miss.

African Development Bank and Forest Investment Program Sign Loan With Form Ghana Ltd to Restore Ghana's Forests

Ghana's forests, which once covered a third of its 24-million-hectare landmass, have been degraded at an alarming rate by excessive and often illegal logging

Egypt's pound shows Nigeria must overcome its fear of floating free

But as Nigeria itself shows, currency reform cannot be half-hearted.

SA asset management industry ‘slow to transform’

Black managers often don’t have a strong brand like their mainstream competitors

Alternative Investments