Managers of Wealth Africa

Robust ETP flows in December Mark Strong 2013 with equity ETPs reaching all-time record - BlackRock

Global ETP flows accelerated in December to $24.7bn, following the Fed's decision to begin trimming its $85bn monthly bond-buying program.

Ex-Standard Bank staff form London-based advisory firm

Five former employees of Standard Bank Group Ltd., Africa’s biggest lender, have formed a London-based advisory firm to arrange financing for companies and projects across the continent.

BCX buy-out of Gold One to go ahead

Gold One would be delisted from both the ASX and the JSE on January 30, following the suspension of trade on January 17, after BCX paid out the Gold One shareholders on January 24.

Etisalat hires Standard Bank for Nigeria tower sale - sources

Johannesburg-based Standard Bank, Africa's largest lender, has been hired due to its local presence and expertise in the African country, two of the sources said, speaking on condition of anonymity as the matter has not been made public.

Old Mutual drives investment expansion into Sub-Sahara Africa

Old Mutual’s has made an expansion drive into Sub-Sahara where it intends to deploy $500 million of investments in, asset management, insurance with acquisitions in Nigeria and Ghana.

Old Mutual’s CE Julian Roberts set to remain

He looks set to continue as CE and help drive the insurers strategy to grow its Africa and wealth businesses.

Kenya’s central bank to auction 10-year Treasury bond in January

Kenya will auction a 10-year Treasury bond worth up to 10 billion shilling in January

W.African franc zone nations plan $6.2 bln debt issuance in 2014

The agency said Ivory Coast will issue a total of about $1.68 billion in various instruments in 2014, the biggest in the region.

Access Bank signs $150million deal with FHN 26

Access Bank has granted a $150million Senior Secured Term Loan to FHN 26

$11M Purse At 1st Zim Diamond Tender In Antwerp

The tender generated $1.6 million for the Zimbabwean treasury, which is the designated 15% royalty fee.

Nigeria: Old Mutual to Meet Peculiarities of Nigerians Through Products Offering

It has always been stressed that insurance penetration in Nigeria is very low because insurers have refused to create products that suit the peculiarities of Nigerians.

AfDB Board Approves U.S. $25 Million Investment in Pan-African Infrastructure Development Fund

PAIDF-2, which is aligned to the Bank's Ten Year Strategy on the one hand, and the Bank's Private Sector Development Strategy on the other, follows the near full commitment of PAIDF-1 with nine sub-investments in Africa.

Nigeria economy rebasing to displace South Africa, Renaissance Says

Africa’s biggest oil producer may see its economy measured at between about $384 billion and $424 billion in 2014.

Bitcoin clones set to kill digital currency?

Citibank’s analyst believes that the market is likely to end up with a plethora of “bitcoin lookalikes with little to choose between them, so pricing becomes very difficult.

Activa Insurance Opens Branch In Liberia

The Managing Director of Activa International Insurance Company, Mr. Stephen Kyerematen, has stated that his company has opened its arms to genuine friendship and long-lasting collaboration with the Liberian Insurance industry.

Heirs Chairman Elumelu Plans to Start Nigeria Commodities Bourse

Heirs Holdings Ltd., a Nigerian investment company with interests across Africa in banking, energy, real estate and agriculture, plans to set up a commodities exchange in the continent’s most populous nation.

UT Bank, Guinness Breweries partner Invest in Africa

Invest in Africa, has announced that Guinness Ghana Breweries Limited and UT Bank have become the latest Ghanaian companies to join the organisation as local partners.

Pru enters sub-Saharan life market with acquisition

The price and other details of the transaction were not disclosed

Ermenegildo Zegna Launches In Lagos

Each collection is distinctly and perfected represented in designated corners of the store.

Pinnacle Point chief was Absa ‘insider’

During his testimony last week, Mr Pretorius blamed Absa for the demise of Pinnacle Point Group.

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