Managers of Wealth Africa

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.

Old Mutual determined to build Africa Empire

Old Mutual is likely to spend its remaining R4bn-plus expansion budget on acquiring a short-term insurance business in East Africa and an asset management operation in West Africa.

Old Mutual eyes Nigeria in its emerging market investment plan

We are not taking Nigeria for granted in our investment plan

Nedbank Still Undecided on Ecobank

Nedbank has a year in which to convert its loan into a stake in the West African banking giant.

Hedge funds launching traditional long-only strategies in direct competition with asset managers

Deutsche Bank has published the results of a survey which examines the expanding role of hedge funds within the wider asset management industry.

GHANA: Gov’t targets private equity for infrastructure fund

Government is banking on private sector participation in the proposed Ghana Infrastructure

Soaring Nigerian Insurance Premiums Could Benefit SA Providers

Nigerian insurance premiums will increase fourfold over the next five years

Alternative Investments