Managers of Wealth Africa

Diamond’s Atlas Mara’s Profit Drops 44% on Currency Impact

Atlas Mara, which invests in African banks, has lost more than 73 percent of its value since an initial public offering in December 2013.

Asset Management firms lose private insurance funds and portfolios in revenues improvement

The EFSA issued amendments at the end of 2015 on the executive regulations for insurance private funds, and stipulated that portfolio and fund owners should contract with asset management firms or hire full-time investment managers if the size of the fund

Investors looking beyond Nigeria's disarray

Weak oil prices, stagnant growth and high unemployment have cast a shadow over the Nigeria's prospects

Dubai Chamber discusses bilateral cooperation with Equatorial Guinea

The delegation was received by H.E. Majid Saif Al Ghurair, Chairman, H.E. Hamad Buamim, President and CEO, as well as a number of directors of Dubai Chamber.

Nigerian bourse pushes back derivatives launch to 2017 - CEO

The collapse in oil prices has plunged the country into recession while eroding public finances and hard currency reserves.

11 counties in western Kenya to set up bank

Each one of the 11 counties involved in the plan is to remit Sh100 million as start up capital for the bank

S. Korea to strengthen cooperation with African countries

The KOAFEC meeting will contribute to strengthening friendship between South Korea and Africa

Sukuk bonds issuance will grow in West Africa, says Hogan Lovells

These include sophomore issuances for the government of Cote d’Ivoire and the government of Senegal, and a debut issuance for the Republic of Togo.

Black Lion Holdings’ Prince Alam-Sogan pushes investment in Africa

Prince Alam-Sogan is on a quest to attract more North American investors

Germany refuses to print bond notes

The controversial bond notes are now expected to be introduced next month.

Tunisia: A fund to help companies set up in Africa

Africamen is a joint venture capital mutual fund

South Africa’s top asset managers: Former boutiques now nation’s biggest, best

Companies that started out as boutiques have slowly but surely established themselves as the major asset management players.

Equity stock brokerage arm Exotix named Africa’s best

EIB and Exotix were awarded at this year’s Africa Investor CEO international investment summit

Afriland First Bank, ICD in deal to create Islamic window

We aim at developing enough closeness with people and local communities so that we can respond at the best to any of their solicitations.

Africa’s Private Equity Promise And What It Can Deliver

Emerging markets have become a key opportunity for global investors

Ivory Coast, Senegal and Togo list sukuk bonds worth $1.28 bln

African countries are increasingly tapping the sukuk market to fund infrastructure projects

Diamond Billionaire Oppenheimer Backs New Hedge Fund Startup

The introduction of new rules a year ago for the industry has opened hedge funds up to more investors in a country which has 2 trillion rand of investments in mutual funds.

Afriland First Bank and ICD sign agreement to create Islamic window in Ivory Coast

CPI Financial

AfDB to Showcase Africa’s Potential

Also approved by the AfDB Board is the creation of a Water, Human and Social Development Department; an Infrastructure, Cities and Urban Development Department; and a Syndication, Financial and Technical Services Department.

European Investment Bank earmarks 56 million euros for SMEs in Zambia

Mr. Byleveldt said the EIB is committed to alleviating poverty in Africa and financial support to the SMEs is key to achieving that.

Alternative Investments