Managers of Wealth Africa

AfreximBank to Support Ogun with $200m

The Afrexim Bank President who added that the bank would be working with the state government in its quest to make its road infrastructure more accessible for investors

Old Mutual Unbundles 12.2 % Stake In Nedbank

The insurer’s board believes the move simplifies the group, allowing investors to focus on the core operations of Old Mutual.

Africa FDI inflows reach $39.8 billion in 2020

Annual Investment Meeting raises anticipation for the rapid increase of investment flows to the African continent through AIM AFRICA

Another step towards the DMO’s funding target - FBNQuest Capital Research

Wednesday’s auction has to be viewed as another exemplary effort by the DMO.

'We're hanging our bonuses and collective futures on this' - Old Mutual CEO on new strategy

The market in which insurers operate now is fundamentally different from when Old Mutual launched its current strategy in 2018 when it moved its primary listing to the JSE.

African Private Equity, Venture Capital Association (AVCA) and APO Group to Drive Trade and Investments Across Africa

AVCA will be working very closely with the regional and local associations to support the policymakers and governments working hard to improve the ease of doing business in Africa.

ICAP AFRICA launches new Division

The new division will have its headquarters in Johannesburg and will be headed by financial analyst and manager, Duncan Keil.

Innovation and resilience common themes amongst winners of African Banker Awards 2021

The Awards have become the most respected and recognised industry event celebrating African banking achievements.

Applications Officially Open for South African Women to Join the 2021 Academy for Women Entrepreneurs

This brings total participation in the program to 300 young South African female entrepreneurs, who have received training and mentorship in what has become a highly competitive entrepreneurship program.

We’ve expended N35b on pensions, gratuities since 2018, says Oyetola

The governor, who urged the beneficiaries of the bonds to be prudent in spending their hard-earned money, said it behoves them to utilise the resources well by investing in productive ventures that will bring value to their families.

Ecobank Transnational Incorporated formally opens the market at the London Stock Exchange after successfully listing its US$350 million Sustainability Bond on the LSE

This represents the first ever Tier 2 Sustainability Notes by a financial institution in Sub-Saharan Africa

EA countries race to form inclusive, affordable pension schemes for informal sector

By 2060, this global population (60 to 70 years) will be approximately 2.3 billion, with Africa contributing 13 percent (300 million) of the total of old people.

Goldman zeroes in on millennial spending with South African fund

“We are not interested in short-term fads that might last two or three years,” Richard Wiseman

After Entering South African Market, Access Bank Plans More

The deal was finalised after Access Bank’s acquisition of controlling shares in the former Grobank Limited, South Africa.

Bpifrance and the ICD commit to strengthening support for entrepreneurs in French-speaking member countries

This partnership illustrates the will of the two institutions to support and promote economic cooperation as well as to foster the growth of an entrepreneurial ecosystem

Alexander Forbes sells its retail life business to Sanlam for R100m

De Villiers said the transaction balanced appropriate solutions for AF Life clients, ensuring both a seamless transition for its employees to Sanlam Life Insurance and benefits to shareholders.

BoG starts domestic gold purchases as reserve

Central banks of developed countries such as the United States of America, the United Kingdom, Germany and other European countries, keep part of their reserves in the precious metal as a store of value and buffer for their currencies.

IMF picks holes in Nigeria’s economic recovery reports

The incipient recovery in economic activity is projected to take root and broaden among sectors, with GDP growth expected to reach 2.5 percent in 2021.

Push for pension change in South Africa by 2022

It is important to get the balance between giving workers relief and also ensure the sustainability of pension funds so that when workers retire they have sufficient funds to take care of them.

Kenya gets huge demand for its $1 bln Eurobond offer - lead bank

"Investors also liked that the issue was limited to $1 billion and that Kenya just struck a deal with the IMF," the banker added.

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