Managers of Wealth Africa

FirstBank partners Eloy Foundation to support female-owned small businesses

The support from FirstBank will be carried out through FirstGem, a loan scheme designed for female-owned or partnered MSMEs, and SMEConnect.

Afrexim Bank to support African projects with $3bn

This is coming just as the bank had earlier provided the sum of $500m to support Central Banks across the West African sub region to be able to fund projects and settle transactions within the region.

Experts urge stakeholders to practise sustainable insurance

The R3Lab offers a three-tiered approach towards building the technical capacity and skills of the regulator on innovation and sustainable insurance

TAJBank Plans Maiden Private Sector N100bn Sukuk Offering

“Our aim is to raise the needed funds that would be invested in targeted high-impact sectors that spur job creation and enhance the standard of living of Nigerians.”

Private sector firms yet to leverage AfCFTA

“Some of these things need a re-look for solutions and also realignment of the national psyche. The success of AfCFTA will be determined mostly by collaborations,”

South African advice firm sets out growth plans in UK

Needham said Alpha Wealth had established a track record of recruiting and training former sportspeople to become financial planners.

South African rand firms as global sentiment improves

The dollar index , which measures the greenback against six major peers, was up 0.23%.

GCB Bank posts profit before tax of GH¢831.9m

GCB Bank recorded a Profit before Tax of GH¢831.98 million in 2021 from GH¢602 million in 2020, representing an increase of about 36.2 per cent.

African Development Bank launches new initiative to build financial acumen of African cities

The program will get underway in September 2022; 10 municipalities will participate.

Data relevant to improving stock market participation – Absa

“Considering the various challenges besetting the global economy, these investors need accurate data to make informed investment decisions to avoid unfavourable market moves.”

State yet to decide on fate of Hilton building after exit

“We have not decided on the strategic options."

Access Bank pledges funding for MSMEs

"We have organized this engagement session to provide an opportunity to meet one on one with our SME customers in Abuja, provide them with a platform to ask questions, get answers and solutions that help them take their businesses to the next level.&

Eskom's Medupi will not earn a financial return in its lifetime, says funder African Development Bank

The R450 billion debt taken on to build Medupi and Kusile is the biggest factor weighing down Eskom's financial stability.

AfDB Annual Meetings: The week that Africa’s patience ran out

The programmes announced and promoted at the 2022 Annual Meetings reveal an AfDB bent on both publicising and addressing the global inequities that have shackled African development for generations.

SA unemployment down for first time in two years

Johannesburg – South Africa’s unemployment rate has fallen for the first time in almost two years, declining to 34.5% in the first quarter of 2022

Apis Growth Fund I sells Q Link interest to Sanlam Private Equity

During the investment period, Apis has leveraged its extensive experience in global financial services

Nigeria’s Next Generation are challenging the status quo of family businesses – PwC’s NextGen Survey 2022

The survey results are from the responses of over 1000 NextGen members, in family businesses, across 68 countries globally.

Banks tighten forex access as reserves hit seven-month low

Due to scarcity, many banks are extending waiting period to access forex for foreign trips, thereby denying travellers with urgent trips access to apply for Personal Travel Allowance or the Business Travel Allowance requests.

South Africa unveils new strategy to lure more investment and create jobs

The public has a month to comment on the proposed plan.

UBA supports African business growth

The Conversations provides a platform for African and global audiences to connect with global thought leaders both in the private and public sectors

Alternative Investments