Managers of Wealth Africa

Sanlam 2021 Interim Results

Sanlam reports strong 2021 interim results.

R22bn and counting as Sanlam breaks death claim records

In the first wave, we had a lot of retail mass [low-income market] that was impacted.

Double-digit growth for SA asset management industry

This is compared to a historical average of from 1-2% over the previous decade.

Diamond Rebound Rolls On as De Beers Reports Another Bumper Sale

De Beers sold $515 million of diamonds at latest sale

Buying property in these countries gives you a foreign passport

Several countries offer South Africans the possibility of acquiring foreign passports through the purchase of real estate.

Equity investor injects $75m investment into Ecobank

“Indeed, in addition to improving our double leverage ratio, it is also a good boost for the firm and its staff.”

MCB invests in OrgaEarth

Okan intervened as the sole financial advisor to OrgaEarth on this transaction, with Amaury de Féligonde (Managing Partner), Hicham Alaoui (Manager) and Hubert Vermeren (Associate).

Arise B.V. makes US$75 million perpetual non-cumulative AT1 capital investment in Ecobank Transnational Incorporated

The investment by Arise, a leading equity investor in financial institutions in Sub-Saharan Africa and one of ETI’s existing major institutional shareholders

Stanbic IBTC Holdings Announces 50.1% Drop in Profit, Declares N1.00 Interim Dividend

From the profit & loss figures, the group gross earnings dropped by 26 per cent to N93.59billion in H1 2021 from N126.57billion in H1 2020.

IFC and BMCE target African trade with new risk-sharing facility

Its support is underpinned by the International Development Association’s private sector window blended finance facility, which provides first-loss guarantees in low-income countries.

Nigerian pension fund asset rise

A recent analysis by Nairametrics shows 70% of the 22 PFAs recorded positive growth across their four retirement savings account funds

Africa: Zim Creative Becomes Africa's First Fine Artist to Successfully Break Into the Nfts

The industry-famed household artist has achieved tremendous straits throughout his 8-year long career in the world of art.

Kenyan Startup Develops App to Facilitate Access to Insurance in Africa

https://360mozambique.com/innovation/kenyan-startup-develops-app-to-facilitate-access-to-insurance-in-africa/?utm_source=mailpoet&utm_medium=email&utm_campaign=360%20August#:~:text=%E2%80%9COf%20those%20confirmed%2C%20we%20are%20looking%20at%20ove

Sanlam Investments launches sustainable infrastructure fund

The Sustainable Infrastructure Fund, which will provide predominantly debt finance to projects, will target CPI plus 4.5% per annum and be accessible for a minimum R25m investment.

Renaissance Capital to Hold its 12th Annual Pan-Africa Investor Conference

For the first time ever, the event will feature a specialist Nigeria Tech / Fintech Day to be held as part of the broad conference on 9 September.

Apex Group expands relationship with Launch Africa Ventures

Launch Africa invests capital, time, and expertise into leading B2B and B2B2C early-stage, technology-driven startups with strong management teams and scalable solutions.

Investec lead arranges ECA-backed deals for Ghana hospitals

The deal will finance the construction of a new hospital in the town of Agona and rehabilitate the Effia-Nkwanta Hospital in the southern city of Takoradi.

Taper welcomed by risky emerging bonds with world-beating rally

A possible decrease in local coronavirus infections may see more inflows in emerging-market debt, which still looks ‘under-owned,’ Leow said.

Mozambique Approves Investment Projects Worth US$753 Million

According to Nyusi, the figures “indicate good levels of attractiveness of Mozambique as an investment destination, despite the obstacles raised by the pandemic.

Massive Increase in M&A Deal Value in Sub-Saharan Africa in the First Half of 2021

Last year was a relatively difficult year for investors in Africa, with considerable uncertainty. Pandemic impacts had a limiting effect on numerous sectors and many deals had to be postponed as a result.

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