Managers of Wealth Africa

China faces opportunity and challenge in West Asia, Africa

It’s worth noting the China-Africa Development Fund has raised capital from $3 billion to $5 billion

Stanbic IBTC Asset Management Ltd (SIAML) Sets Fantastic New Record In West Africa

Stanbic IBTC has achieved another first with its Money Market Fund becoming the first mutual fund in West Africa to cross the N50 billion mark in Net Asset Value.

South Africa's Brait eyes $1.2 billion float of bottle maker - sources

The flotation of the Johannesburg-headquartered business is likely to come in the third quarter of next year, one of the sources added, cautioning that no deal was certain.

Kenya's central bank chief says shilling stabilised

Fraud at mid-sized bank rattled market

Uber And South Africa's Wesbank To Launch Car Hire Services For Taxi Drivers

A deal which will enable drivers who cannot afford to buy cars, rent them by obtaining a vehicle lease, the companies said on Tuesday.

African insurance renaissance is possible -Central Bank governor

The conference, on the theme, ‘Africa rising: The indigenisation of insurance in West Africa’, was attended by about 150 insurance practitioners

Growthpoint Properties announces pan-African real estate investment strategy

In addition to its 50% direct stake in the manager, Growthpoint will invest an initial US$50 million into the vehicle, with IFC also supporting it with a US$40 million investment as an anchor investor.

Management enters African real estate tie-up

We are excited about this unique partnership as it brings together our pan-African investment experience

The Gulf Cooperation Council Seeks Stronger Trade Ties with Africa

While lower commodity prices are dragging down exports in the region, the exposure to commodities is very different from one country to another.

Sanlam Four takes on sales chief

London-based fund house Sanlam Four Investments UK, part-owned by the South Africa-headquartered Sanlam Group, has named Liz Adnitt as its new sales director.

Diamonds Aren't Forever for Botswana as Mining Boom Fades

Thousands of miles of dirt roads were paved and schools and clinics built in every town.

EDC grows Canada-Africa trade ties

South Africa is the most diversified economy on the continent, and a big part of our active clients and customers of our clients are based in the country

Standard Bank Commits to SA’s Power Provision

As many as 14 renewable energy projects are being financed by the financial Group in an attempt to boost South Africa’s national grid

Atlas Mara To Acquire Finance Bank Of Zambia In Cash, Stock Deal

The acquisition will be subject to selected conditions precedent and requisite regulatory approvals.

Africa: Kenyans Dominate Africa's Excellence in Media Awards

In all, the awards received a total of 557 entries from 41 countries across Africa

Nigeria to raise 123bn naira in treasury bills

Money market traders said yields on the paper are expected to be lower than the returns at the last auction on Oct. 21

East African governments are pushing to get more out of ‘Big oil’ than just tax dollars

This is certainly the case with the east African governments of Kenya and Uganda, who are in the early stages of developing their oil sectors.

South Africa avoids recession, but loses momentum

The knock-on effects from the strikes sent ripples through the rest of the economy, stunting manufacturing and consumption.

Kenya must prioritise its pension sector

As the regulator strives to achieve its mandate, increasing the retirement benefits coverage among the working population in the formal and informal sectors still remains a major challenge.

Offshore property: SA investors play in the big leagues

More investors buy offshore residential properties.

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