Managers of Wealth Africa

Pension assets on an upward trajectory

Nigeria’s total pension assets account for just 8.6% of Nigeria’s (FY 2024) GDP.

FPI surge precedes a subdued outlook

In Jan ’25, FPI inflows increased 50% m/m to USD1.9bn, making up c.90% of capital inflows and underscoring their significant role in supporting FX liquidity

M/m increase in FAAC distributions in May

The m/m rise was primarily driven by higher exchange rate gains

Early retirement planning made simple

This simple principle can significantly amplify retirement savings, leading to a more comfortable lifestyle when the time arrives.

Q LINK empowers South African businesses with a connected ecosystem of financial solutions

From payments, collections, payroll and HR automation to real-time account verification, and data-driven decisioning — Q LINK provides enterprise-grade tools that serve both large corporates and growing SMEs.

11 Kenyan Companies Ranked Among East Africa’s Top 20 [List]

The funds are meant to partly go towards switching its energy use from diesel to renewables, reinforcing its commitment to green business.

Over 66 million Africans Gain Digital Access Owing to African Development Bank Infrastructure Push

The achievement comes as Africa faces a critical digital divide— only 12 percent of rural areas have access to digital connectivity—that has hindered economic development and access to essential services.

Stanlib commits R250m to SME funder

Transaction comes after detailed assessment of Prefcap’s lending model, risk management approach, and growth record.

Economic strain: Inflation surges above 30% in Abuja, 10 states

The NBS report read, “The Consumer Price Index rose to 119.52 in April 2025, reflecting a 2.18-point increase from the preceding month."

Afreximbank launches $1b Africa Film Fund to transform creative industry

The Fund will play a pivotal role in promoting the production and global distribution of high-quality films and TV series

South Africa takes a hit

This came after the announcement of US punitive import tariffs, marking the beginning of a developing trade war leading to daily volatility, plummeting markets, and slashed global growth forecasts.

World Bank, Nigerian Govt disagree on 2025 budget assumptions

The global bank, despite the challenges and the rising cost of living in the country, urged the Federal Government to stay on course in the implementation of its economic reforms.

African Development Bank and Bank of Africa Benin sign €15 million guarantee facility to improve trade finance and support businesses

The signing of this agreement represents an important milestone in the African Development Bank Group's commitment to Benin's private sector

Unemployment jumps in South Africa

This resulted in a decrease of 54,000 (down by 0.2%) in the labour force during the same period.

UBA: Constantly charting a bold path for Africa’s financial future

Conceived by UBA’s Group Chairman, Mr. Tony O. Elumelu, CFR, the Forum has become a strategic platform for charting the bank’s future.

N54.9tn budget: FG, W’Bank at odds over funding strategy

The budget was raised from the initial proposal of N49.7tn submitted to the National Assembly.

Best Pan-African SMEs recognition highlights Standard Bank’s commitment to small businesses

From affordable banking options for startups to integrated payment solutions for expanding businesses, SMEs need partners who understand their specific requirements.000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

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