Managers of Wealth Africa

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

Stanbic IBTC ETF 30 To Enhance Nigeria’s Market

Stanbic IBTC Asset Management Limited has said that efforts at enhancing Nigerian capital market have been boosted with the introduction of Stanbic IBTC Exchange Traded Fund 30

German Dev’t Bank enlarges portfolio in Ghana

Strained economic conditions in the country are hampering the capacity of some small and medium-scale enterprises to access development financing from the country’s development partners.

All Eyes on Kenya: The Next Big Oil Exporter

Not even the specter of a spillover of Islamic extremism from Somalia can dampen the atmosphere in Kenya, where commercial oil production is expected to begin in 2016 and discovery after discovery has made this the hottest and fastest-paced hydrocarbon sc

African countries to Issue more than $1 billion in climate change bonds

Experts estimate Africa needs to invest between $10-20 billion annually through 2050 to prepare for a 2°C-warmer world.

Clients vote for Standard as SA’s top retail stockbroker

The competing stockbrokers were assessed on five core measures: costs; range of investments; trading tools; client education; and responsiveness and transparency.

Zimbabwe moves to activate African Development Bank grant

The Zimbabwean government has requested the services of consultants to develop an indicators manual and a development report as it moves to activate a youth grant from the African Development Bank (AfDB).

Can Investing in Diamonds Supercharge Your Portfolio?

Just one month later, Christie's sold a 101.73-carat diamond for $26.7 million. These auctions represent a trend of rising diamond prices that have Wall Street taking notice.

Global home buyers flock into Cape Town

London tops the list while the Hamptons and Palm Beach (US), Dubai and Monaco also feature prominently as sought-after holiday home investment choices among the world’s wealthy set.

West Africa capital markets integration moves closer

The inability of governments in the sub-region to finance growing infrastructural requirements in the sub-region -- mainly in the areas of transport, housing, power

AIMA Announces New Council

AIMA’s Council is elected every two years and is comprised of members from its three regions – the Americas, EMEA and Asia-Pacific.

South Africa: State firms eye tapping Islamic cash

Global Islamic bond sales surged 37 percent this year as demand for debt that complies with Islam’s ban on interest lures first-time issuers.

London Listed Prudential Acquires Kenyan Life Insurance

London listed Prudential PLC has acquired a Kenyan Life Insurance firm, Shield Assurance and plans to invest 1.5 billion shillings in the next 12 months and create 4,000 jobs.

Cass Business School strengthens ties between UAE and South African Bankers

This is the fourth time they have hosted the BANKSETA delegation, further strengthening the ties between UAE and South Africa's banking community.

Kenya: Pinebridge Maintains Lead Among Private Fund Managers

In terms of number of schemes under management, Genesis Kenya had the highest with 97

UBS and Goldman Sachs left red-faced by AngloGold Ashanti $2.1bn float flop

Proposals for a new London-listed mining spin-off worth £3bn hit the dust yesterday, as shareholders at one of the world’s top gold miners revolted over a $2.1bn rights issue key to the massive restructuring.

South African insurer may enter India

In India, it plans to target diabetes patients.

PineBridge tops list of private fund managers

PineBridge Investments East Africa Ltd has been ranked as one of the wealthiest fund managers in Kenya with assets under its management estimated to be worth Sh158.9 billion.

Africa Israel raises $129 mln in bond sale to institutions

Africa Israel said the new series will go towards paying down older debt - principal and interest.

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