Managers of Wealth Africa

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.

NCBA, Stanbic, Co-op bag Sh31 billion pension deal

All top banks officially registered as custodians of pension funds had tabled applications for the contract.

Businesses needed funding, and Retail Capital saw an opportunity as banks turned their backs

One of the qualifying requirements of the loan guarantee scheme was that businesses that apply must have been in good standing with their banks at end-February 2020.

Singaporean Businesses in Africa Double in Last Five Years

According to the Chairman, ESG, Mr Peter Ong, “In Singapore, COVID-19 reminded us of the limitations of our small domestic market and underscored the importance of building businesses beyond our shores.

Explainer | How SA's economy became R550bn bigger in a single day

This is the result of an overhaul of the way it calculates the gross domestic product, which measures all the activity in an economy in a single year.

How Mauritius can help realise the collective dream for sustainable growth

The dream or vision of that future is positively informed by an increasing appetite for and focus on environmental, social and governance (ESG) issues by the government and businesses in Mauritius.

The outlook for SA fixed income: With all the risks, is there value?

‘From an investment perspective the bond market, while it’s not the best it has been over the last year, is certainly better than it’s been over the past decade’: Peter Kent – co-head of SA & Africa Fixed Income, Ninety O

Pay Salaries/Pensions – Entrepreneurial strategy

Most political figures want to accumulate money as ‘Salaries And Perks ‘-SAP and ‘Life Perks and Pensions’ and also for cronies, political hangers-on.

Austen Morris co-founder seals Mauritius adviser firm deal

They are the perfect institution to take over, and I have no doubt that each client will benefit enormously from their professionalism and global expertise.

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