Managers of Wealth Africa

Tunisia: French-Tunisian private equity fund to be launched February 5

It will also allow Tunisian and French SMEs to consolidate their development projects and their competitive positions on the long term

New chapter for Dulal-Whiteway includes work in Ghana

Dulal-Whiteway’s last day in office is on February 10, but he won’t be home for too long before he has to board a trans-Atlantic flight to Ghana.

African Bank Revival Moves Ahead as Bondholders Offered New Debt

The remaining viable assets of the South African lender are able to start operating after a new board was put in place and authorities granted the company a banking license.

Tower Property’s offshore strategy helps boost revenues by 55%

Last week, Tower announced its largest acquisition to date with the purchase of a portfolio of four retail shopping centres in Croatia for €66.4 million R1,1 billion.

SA’s first retail hedge funds available to investors

Two fund of hedge fund offerings launched by Novare.

Stanbic IBTC Pension records over N1tr assets

He further disclosed that in line with its commitment to enriching customer experience, the company would continue to broaden and enhance its service channels for efficient service delivery.

AfrAsia Bank Honoured At The African Excellence Awards For AfrAsia Bank Mauritius Open

The upcoming AfrAsia Bank Mauritius Open 2016 will be held at Four Seasons Golf Club Mauritius at Anahita on 12-15 May.

Nigeria plans to issue first non-interest sovereign bond in 2016

Nigeria currently has only one sub-national Sukuk bond issued by the Osun State Government.

Standard Bank starts Chinese currency exchange

The move was seen as a vote of confidence in China's economic reforms and its efforts to establish the nation's currency as an international reserve asset.

Nigeria: Alex Otti - All That Is in a Name!

Alex Otti is a man cut into this mould; a man whose technocratic skills and distinctions have stood him out everywhere he has been opportune to serve.

Morocco: The Future Gateway to Africa

Morocco relies mainly on services 52%, industrial sectors 33% and 15% tourism of total growth domestic product.

East Africa Agrees to Fast-Track Unification of Stock Exchanges

Nakuru — East Africa has agreed to fast-track the unification of the four bourses via an online portal allowing cross-trading in securities. In a joint statement the East African Securities Association through the chairman Mr Pierre Celestone Rwabu

Ethiopia: Premier Says Africa Becoming Global Pole for Growth

The global economy is favoring us in many ways.

Germany allocates 37m euros to support EAC integration

Another 10 million euros in financial assistance will be used for Integrated Water Resource Management of Lake Victoria

Botswana micro-lender shakes up mobile finance

Financial services are delivered by a range of providers, most of them private, and reach everyone who can use them

Nigeria faces low economic growth prospect, says KPMG

The CFOs are worried about business risks, as well as the economic slowdown and the falling oil price.

Northstar plans Middle East and Africa expansion

Bermuda-based Northstar Financial Services has announced plans to begin operating in the Middle East and Africa from a new office in Dubai.

African Private Equity Fundraising Breaks Records In 2015

This is a culmination of a success story that has characterized Africa’s fundraising scene, from funds targeting the continent to startups — mostly in tech, as global investor discover the allure of the region’s business opportunities.

Global fund administrator now able to act as an AIFM for fast-growing PERE sector

This follows approval for MS Management Services S.A., a Luxembourg-based subsidiary of Maitland, to extend its existing AIFM licence to include PERE funds.

Nigerian Bank stocks collapse widens valuation gap from Kenya to SA

The recent sell-off in Nigerian banking stocks is widening a valuation gap that existed between them and other lenders in Africa’s major economies.

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