Managers of Wealth Africa

Kenya Power shuts door on banks return to selling tokens

The company’s position contradicts assurances made by commercial banks to their customers that the decision was temporary.

Green buildings: New opportunities emerge

Some of these developments are driven by multinationals either setting up office in Nairobi or those expanding their operations in the country and region.

Old Mutual declares interim dividend after half year profit lift

It said that results from operations increased 87% to R4.1 billion, while gross written premiums were up by 9% to R10.9 billion.

AXA Mansard Insurance Posts N44.97bn Premium

The firm also said that its total assets went up by 15 percent to N119.78 billion, from N104.06 billion as of December in the same year.

Africa’s Record Private Investment in infrastructure in 2020 sends strong signal

The panelists shared perspectives, success stories and the challenges they faced to plug Africa’s estimated $67-107 billion annual infrastructure gap.

Integrating creativity is no longer a luxury

The answer is less complex than it seems because the ripple effects of such partnerships go beyond the bottom line.

World Bank Supports Safer Roads for Economic Integration in Mozambique

The project is fully consistent with Mozambique’s National Development Strategy 2015-2035 and with the World Bank Country Partnership Framework FY23-27, currently under preparation.

Discovery, Sanlam and other insurers raided over alleged price fixing and collusion

The search and seizure operations are being conducted as part of an ongoing investigation that was initiated by the commissioner in January 2021.

Trinidad and Tobago to expand trade relations with Nigeria – Envoy

The News Agency of Nigeria reports that the year-long celebration has as its theme and hashtag #Together60.

Big business sounds the alarm over escalating cost of SA debt

CEO Cas Coovadia warns that SA’s fiscal position is tight

Discovery launches new discretionary fund manager

Cogence, the new company, will make BlackRock’s Aladdin Wealth technology available to SA financial advisers for the first time

Tshisekedi chairs SADC but banks on East Africa for trade, security

The summit was themed on economic development and industrialisation of the bloc including transformation of agricultural production and the processing of minerals, an indication of the potential of DRC.

Standard Chartered Enhances Fixed Income Offering

With the Fractionalized Eurobonds, more clients can enjoy regular coupon payments, stable cash flow, and easy access to the principal value of their investment at maturity.

Unity Bank targets underbanked women in Yanga campaign

The product targets women entrepreneurs in the Micro, small and medium enterprises

Insurance in South Africa Market to Witness Huge Growth by 2028 : Capitec Bank, Clientele, Discovery Life

Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Nigeria-based Pastel picks $5.5M to help African businesses manage and maximise efficiency

The company is working on developing more productivity and finance management features and tools around group savings, loans, and payments that will help SMEs scale as well as ease their day-to-day activities.

AXA posts N44.97b gross premium

The underwriter also explained in the financial report that the company’s total assets of N119.78 billion, up 15per cent from N104.06 billion as of December same year

Admitting new entrants into Nigeria’s tier-1 banks

In Nigeria, Tier 1 banks are the fulcrum of its finance and economic system.

Strategic Risk Solutions expands in South Africa with acquisition of Southern Cross

This acquisition enhances our substantial team in South Africa and is aligned with our continued global expansion.

Nigeria, three others top World Bank debtors’ list

This debt is different from the outstanding loan of $486m from World Bank’s International Bank for Reconstruction and Development.

Alternative Investments