Managers of Wealth Africa

How African governments can grow their pension sectors

This, he said, will ensure that retirees need to have opportunities to utilise part of their pension towards their health.

Zenith Banks financial intermediation in Ghana commendable- President Akufo-Addo

The President assured the bank of Government’s support, and wished the institution well in its endeavours.

Stanbic IBTC outlines strategies for investments in real estate

The event attracted a wide spectrum of operators in the industry

AFD, Moroccan banking group partner to revamp Cameroon’s energy sector

The partnership, going by AFD and SCB officials, will provide expertise to develop Cameroon’s economic fabric and SMEs.

Pension fund hits N7.2tr

The report showed that a total of N3.874 trillion out of the total N7.16 trillion was invested in FGN bonds in the period under review.

AWARDS Standard Bank takes Africa titles

The Ugandan shilling and the Zambian kwacha have also been stable this year.

Capricorn acquires stake in RAW

Capricorn, which has its roots in South African group Hollard Insurance, focuses on private equity investments in the financial services sector, including asset advisory businesses, and also acts as an investment adviser.

Africa: AfDB to Invest U.S.$12bn in Power Sector in Africa in 4 Years - Adesina

Without electricity, you really cannot operate any effective and efficient airline industry and so this is one of the top priorities of the bank.

Tanzania: Job Cuts Loom Ahead of Pension Funds Merger

These will be merged to form the Tanzania Public Service Social Security Fund (TPSSF), a behemoth with over Sh5 trillion in assets.

Green bond issuance set to increase

Green bonds may inject some confidence back into the fixed-income market at the level of state-owned enterprises and municipalities.

FCMB Group completes acquisition of Legacy Pension

FCMB Group’s acquisition of Legacy Pension is set to open a new vista of sustained growth for Legacy through the enhanced distribution and market presence.

Sanlam acquires Uganda’s Lion Assurance Company

In a move to expand its visibility in east Africa, Sanlam Emerging Markets (SEM) has acquired Uganda’s Lion Assurance Company for a purchase price of $6.5m.

Africa’s largest mezzanine fund manager provides $12.5 million of funding to Purple Capital

Purple Capital was advised by Bloomfield Law Practice, a 'practical and hands-on' Nigerian law firm with expertise in corporate commercial, private equity, real estate and financing matters.

Coronation take knock from pension outflows

In its retail division, Coronation said outflows slowed to R6.9bn from R18.4bn.

Campaign to rebrand insurance sector kicks off Q1‘18

He noted that the National Insurance Commission (NAICOM), Nigerian Council of Registered Insurance Brokers and other trade groups have also agreed to support the project financially.

Tapping telcos for mobile micro-insurance

The obvious fit was a mobile telco, but even here the initial attempt to sell life insurance via mobile foundered.

Robert Mugabe's vast wealth exposed by lavish homes and decadent ways

Zimbabwe’s leader is said to have assets of £1bn – but since an EU crackdown in 2002, there has been little sign of extravagant spending outside the country

Ethiopia telecoms monopoly now Africa's largest mobile operator

The operator put its success down to an expansion drive that cost them over $1.6 billion in the last few years.

CEO Recounts Banks’ Role in Halting Nigeria’s Forex Crisis

He described 2017 as one of the most interesting years in the country, saying that bank CEOs were meeting with the central bank governor every weekend during the forex crisis, in order to address the situation.

Sukuk has great potential, says Jaiz Bank chief

Nigeria recently issued its maiden sovereign Sukuk.

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