Managers of Wealth Africa

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

Mauritius PE firm behind buyout of retailer Tumaini

Tumaini said in an earlier correspondence with the Daily Nation that Sokoni has provided new capital that will be used to expand the business.

FMDQ Records ₦165.15 Trillion Turnover in 11 Months

These figures exclude primary market auctions in T.bills and Bonds.

New Development Bank financing for SA now more than R9bn

The finance minister gave the figure in response to a DA question about the benefit the bank brings to SA

Stanbic Bank ‘takes over’ Bank of Baroda

The transaction has since been approved by the Bank of Ghana (BoG) and an official announcement due on January 2

What to expect from Absa heading into 2019

released from the shackles of London-based Barclays, Absa CEO Maria Ramos can take on more risk with a plan to grow revenue faster than her main rivals from 2019 to 2021.

Commitment to pension reforms

Our dear Lagos State is much better because you served, and your services are deeply appreciated.

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