Managers of Wealth Africa

Ex-Im Bank and Angola Sign Memorandum of Understanding To Boost U.S.-Angolan Trade

The three-day summit, which has drawn heads of state and ministers from across the African continent, is designed to advance shared priorities

Seychelles bourse opens up derivatives market

The newly formed Seychelles Securities Exchange, Trop-X, has launched a derivatives market, the latest bid by the bourse to entice investors in the AMEA (Africa, Middle East and Asia) markets.

Insurers generated N179.9bn premium last year –NAICOM

The National Insurance Commission, NAICOM, has said 22 insurance companies in Nigeria generated N179.9bn gross premium income in the 2013 financial accounts.

Carlyle Co-CEO Sees Africa Private Equity ‘Explosion’

Carlyle Group LP Co-Chief Executive officer David Rubenstein said the private-equity industry “will take off” in Africa as his company and Blackstone Group LP (BX:US) backed energy partnerships with the continent’s richest person.

Africa gets its marketing ploy: Welcome the Africa 8

Ecobank assessed sub-Saharan African markets on a weighted framework of 15 indicators including political, legal, regulatory and infrastructure metrics.

Standard Chartered Raises Commitment to ‘Power Africa’ to $5bn

A lack of access to electricity is one of Africa’s most critical infrastructure challenges

Investors Plunging Into Nigeria’s Pool Of Opportunities

The firm further revealed that its Strategy advisor for Africa, Reid and Jeff Blackbeard, are visiting Nigeria to meet potential investors

Zimbabwe: RM Insurance to Rebrand to Old Mutual

It provides insurance solutions to the insuring public, commercial, industrial and corporate entities

Nigerian banks trump Kenyan counterparts, says RenAsset's Richter

There is a strong divide between banking stocks in East and West Africa

Kenya's stock exchange prices IPO, plans derivatives market

The Kenyan government owns a small stake.

Nigeria’s FirstBank issues $450 Eurobank

Nigeria’s This day newspaper report on Monday noted that the Eurobond also has a coupon of 8 percent and 8.25 percent yield to maturity.

Ascent Capital raises Sh4.3bn for its Equity Fund

The firm will invest in eight to 12 countries across the region with a spend size of between Sh87 million and Sh791 million.

Row accentuates how shareholder activism cuts both ways on the floor

The standoff has meant that for the past four years, Accentuate has been unable to pass special resolutions at its AGMs.

First Bank’s $450m Eurobond Raises Sectors Total To $1.5bn

First Bank of Nigeria Limited has issued a $450 million tier-2 Eurobond increasing the amount of funds raised by Nigerian banks from the Eurobond market this year to $1.55 billion.

South African pension manager raises $345 mln in IPO

The company said the total size of the offer was 496.7 million shares, including an overallotment option of up to 64.8 million shares.

South Africa to Sell Foreign Debt as Emerging Markets Rally

South Africa is returning to international debt markets for the first time in 10 months, defying a credit-rating downgrade to offer bonds in dollars and euros amid a rally in emerging-market assets.

Nigeria risks scare investors out of equities into bonds

Nigeria's main stock index returned 44 percent in dollar terms in 2013, thanks to a stable naira currency, making it one of the best performing African equity markets.

TriLinc Global Impact Fund Approves Barak Fund Management Limited as Sub-Advisor for Impact Investments in Africa

TriLinc Global Impact Fund announced that it has approved a new Investment Manager, Barak Fund Management Limited, to act as its Sub-Advisor on investment opportunities in Africa.

Kenya's Luxury Market an Untapped Resource

She says Kenyan manufactures, and craftsmen only tend to produce products that suit the average person, forgetting the high end market.

Adcorp looks to emerging markets for growth

Adcorp could create the first dominant workforce management group in emerging markets, with major North American and European players having struggled to gain a foothold in developing regions, it said in its recently released annual report.

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