Managers of Wealth Africa

Nigeria: World Bank Launches New Global Infrastructure Facility for Nigeria, Others

Among the partners are the Nigeria Sovereign Investment Authority (NSIA), manager of the Sovereign Wealth Fund (SWF) and 26 others, including governments.

The final investing frontier: Nigerian beer?

All the Kenyan farmers have shifted to making barley because brewers are paying higher prices for what makes beer.

Global elite law firm establishes presence South Africa

Johannesburg has become a key hub for local and international banks

CEO of Biggest African Fund Manager Paid 27% More in Final Year

Masilela was also paid the previous year’s short-term incentives, which amounted to 2.4 million rand.

Zambia’s ZCCM Investments Considers Listing in London

We are trying to see the advantages of moving to a more regulated market

2nd Annual Africa Middle East - Investment Forum will be held on 9th & 10th December 2014 in Nairobi Kenya.

This will be a timely event that aims to show case investment opportunities in Africa and Middle East as a practical and significant stride towards opening new markets that will encourage investment and trade between the two regions.

AfDB approves $12 million line of credit to Nigeria’s LAPO Microfinance Bank

The Board of Governors of the African Development Bank Group (AfDB) through its private sector window approved a $12 million line of credit (LOC) equivalent in Nigerian Naira (NGN) to LAPO Microfinance Bank (LAPO MfB) in Nigeria.

Rosabon Seeks Best Practice in Financial Services

He explained the centrality of best practice in building the country’s financial service industry

A transparent, independent, well regulated platform to mitigate or assume FX Risk

Today the JSE launched the first currency futures which track the exchange rate between the Rand and select African currencies.

New Item Nigerian bourse launches direct market access

The Nigerian Stock Exchange (NSE) says it is supporting Direct Market Access (DMA) as an interim step to the implementation of the phase 1 Sponsored Access for the West African Capital Market Integration (WACMI) programme.

Liberty Kenya's life business eyes top-three spot in six years

Annual life insurance premiums amount to just 1 percent of Kenya's economic output of $42.6 billion, while only about 4 percent of the population estimated at 40 million have life cover.

Johannesburg Stock Exchange launches new range of African currency futures

Currency futures allow investors as well as importers and exporters to protect themselves against the currency movement in the foreign country

Tradition launches African FX futures

Interdealer broker Tradition has launched a new suite of African FX futures in partnership with the Johannesburg Stock Exchange and South African bank Absa Capital.

Wanted: R1 billion of assets

For start-up firms sourcing talent can also be a significant challenge

Africa Sees Opportunities in Islamic Finance

More states in Africa seem keen on joining the global Islamic finance sector, which is projected to be worth $2 trillion by the end of 2014.

Namibia: Retirement Fund Managing Assets Worth N$14,5 Billion

Retirement Fund Solutions now administers assets of N$14,5 billion on behalf of 35 000 members.

Small fund houses see huge erosion in FMP assets

Small asset management companies have witnessed significant erosion in their assets under fixed maturity plans, or FMPs following the adverse tax changes to debt mutual funds announced in the Union Budget in July.

Kenya's Property Developers Urged to Embrace Chinese Innovation

Kenyan real estate developers were urged on Wednesday to embrace Chinese innovation to meet the demand of housing in the country.

New Development Bank could change global financial landscape

Officials have said they would like to launch the first lending activities in 2016.

Saudi billionaire's firm plans $500m Ethiopia investment

Al-Amoudi, born in Ethiopia to an Ethiopian mother and Saudi father, is one of the country’s largest foreign investors

Alternative Investments