Managers of Wealth Africa

Fund manager sees continuing growth from rising African consumer markets juggernaut

“Africa is fast becoming an important profit driver for some of the largest multinational consumer based companies,” says Insync’s Monik Kotech.

Old Mutual’s forays into informal economy

This business unit, Mushosho said, would use a group lending model for its business.

SA: Retirement funds members urged to be active participants

The research found that only 20% of participants were aware of the value of their investment when they retired. Experts say that by then it will be too late to try and catch up if their investment has not performed well.

IFC supports Standard Bank Namibia employee ownership

Namibia remains one of the most unequal societies in the world and faces significant socio-economic challenges.

Fidelity Bank And Prudential Launch Innovative Insurance Solutions

The Hospital Cash Plan, which is the first of its kind in Ghana, provides financial support to customers who suffer some form of income loss due to hospitalization.

AfricInvest secures successful private equity deal

Silafrica Plastics and Packaging, the leading East African company in its sector, has received a boost in the form of recent private equity investment by AfricInvest, a deal which also gave a lift to the East African corporate practice of UK law firm Clyd

LSE Elite programme launches in Morocco

Today’s launch is also testament to Casablanca Stock Exchange’s commitment to supporting Moroccan SMEs

Zimbabwe runs out of cash - again

Central bank governor John Mangudya appealed to the public this week to limit their use of cash and opt for plastic money.

Corporate South Africa turns its back on Zuma friends

Zuma has denied numerous allegations of the Guptas wielding undue influence.

Kenya Launches Roadshow For Second Eurobond

There are expectations that investors will question alleged misuse of funds from a $2 billion Eurobond, with five and 10 year maturities, the country raised in June 2014.

‘Set up gold reserve bank’

Economic citizenship is when an individual goes through the process of naturalisation in a second country on account of his/her financial investment into that country’s economy.

Africa watches as Kenya prepares to test Eurobond waters

Despite the difficulties, some African Eurobonds have been outperforming, thanks in part to the bounce in oil and metals but also on the back of some potential turnaround stories, something all investors love.

SIA says sovereign wealth fund assets grew by 20% to $1.07 bln in 2015

The report said 2015 was a "difficult year" but the SIA had "managed to protect its capital in a harsh and volatile market environment".

Congo formalises Afreximbank membership to boost intra-African trade

In 2013, Afreximbank had disbursed over $ 220m to Congolese entities, says Afreximbank’s president

Kenya: K-rep to Re-Brand to Sidian Bank From April

K-rep bank plans to invest at least Sh750 million of which Sh400 million will be used to revamp its information Technology systems

Ashburton’s first hedge fund nimble and flexible

Strategies include fundamental long/short equity, relative-value pairs, event-driven strategies and short-term opportunities.

London Stock Exchange launches Africa Advisory Group

The London Stock Exchange Group (LSEG) held the inaugural session of its new Africa Advisory Group on 21 March.

S. Korea to expand fund for African cooperation by US$600 mln

Yoo said South Korea is ready to share its experience and know-how on economic development with African countries and seek opportunities to help them develop their potential.

Nigerian businesswoman: A cut above in macho world of diamonds

There, she enrolled at the internationally renowned Hoge Raad Voor Diamant school to hone her skills.

Expand fund for African cooperation by US$600 mln

South Korea will inject a fresh US$600 million into its overseas cooperation fund by 2018 to help African countries launch massive infrastructure-building projects, the finance ministry said Monday.

Alternative Investments