Managers of Wealth Africa

Helios in talks with Africa mobile operators

About ways the private-equity firm can help them cash in on their mobile-money and digital-payments platforms.

R11.4 billion World Bank loan could be used to help fund new grants for South Africa: economists

This is at least the impression from the Treasury’s statement on the loan.”

Interest rate hike expected this week

The MPC decided in November to raise the repurchase rate by 25 basis points to 3.75% per annum.

UK’s development finance for Africa rises to £2.2b

New digital tool to link Britain, African businesses

Equity investors position ahead of audited reports, MPC outcome

Investors gained over N809 billion in five trading days

Sanlam Kenya Issues Profit Warning For FY2021

The board of directors nonetheless expressed confidence in an improved operating environment over the next financial year.

SA is getting R11bn from World Bank at a very low rate, cutting borrowing costs

The yield on SA’s rand denominated long-term bonds

Equity Bank gets Sh5.6bn for lending to enterprises

Kenya is already the third biggest portfolio for BII, with Sh42 billion investments across 83 companies.

Africa Finance Corp. secures new funders from South Korea, Dubai

While the funds mostly replaced maturing debt, the fund raising attracted new lenders from South Africa, the Middle East and South Korea.

AfDB approves €10.5m investment in tech startup fund

Its focus areas span agribusiness, financial services, energy, education, and healthcare, primarily in Francophone West Africa.

Ghana: Is the preferred investment destination becoming Africa’s fading star?

Ghana hardly struggles to sell itself to the rest of the world.

The continued rise of investor interest across Africa

The year also saw a renewed interest in investment by private equity funds.

Africa Finance Corp. Secures New Funders from South Korea, Dubai

While the funds mostly replaced maturing debt, the fund raising attracted new lenders from South Africa, the Middle East and South Korea.

Stanbic IBTC Insurance insures Super Eagles for N1.73b

Stanbic IBTC becomes the insurance sponsor of the Super Eagles

Total Turnover of FGN Bonds, Eurobonds, Others on FMDQ Drops by 26.24% to N20.13trn

Other bonds total turnover on the FMDQ Exchange dropped by 38 per cent to N143.28billion in 2021 from N232.37billion in 2020.

Pan-African payment system to deepen continental trade

Afreximbank as the main settlement agent for PAPSS, provides settlement guarantees on the payment system and overdraft facilities to all settlement agents in partnership with Africa’s participating central banks.

Alain Francis Nkontchou Invests Almost N1 Billion in Ecobank

The disclosure is in line with SEC’s new insider dealing declaration ACT to force transparency policy across the Nigerian capital market.

Real Estate AUM Expected to Grow by 41% in 5 Years

AUM set to rise to $1.83tn by 2026

Equities gain N981b in six days

The continuing rally has built up the net capital gains for investors since 2020 to more than N8.7 trillion.

Angaza Awards: Top 10 Women to Watch in Banking and Finance in Africa in 2022

The Angaza Awards: Women to Watch in Banking & Finance program has announced the list of Top 10 women who are steering and shaping Africa’s financial services sector.

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