Managers of Wealth Africa

The rand is no longer following the rules: analysts

The rand is sometimes referred to in currency market circles as “the rattler,” because of its habit of snapping back hard in the opposite direction to a big move.

Rand Merchant Bank (RMB) Acts as Global Coordinator and Active Bookrunner on Bank of Industry's Inaugural EUR700m Eurobond

BOI’s mandate is guided by Nigeria’s National Development Plan 2025 and Agenda 2050, which have the objective of lifting a hundred million Nigerians out of poverty in 10 years.

South Africa’s largest renewable energy project Redstone CSP achieves first debt draw down

Through the successful mobilization of international project finance, Redstone has facilitated approximately ZAR 7 billion in foreign direct investment to fund and support the strategic energy transition goals of the country.

African Union welcomes $11.48 million grant from the African Development Fund to strengthen delivery of Agenda 2063

The grant will contribute to the Institutional Capacity Building for the African Union Project, a program designed to improve the AUC’s capacity to drive Agenda 2063.

IBTC Pension Leads Top Five PFAs in Control of Pension Market

These accounted for 3.98 percent of the N13 trillion total pension assets.

Insurance industry pays over N11bn claims on #Endsars protests; could rise to N20bn

Musa also noted that the industry claims paid by member companies in 2021 financial year amounted to about N224 billion while Gross Premium Written stood at about N508 billion.

AXA Mansard Opens New Office in Ibadan

‘This location will bring us closer to our esteemed customers in Ibadan and its environs and beyond that

IQ-EQ welcomes Atlantica Ventures as first Launchpad client

IQ-EQ Launchpad was founded on the principle that gender equality is a fundamental right and that leadership is required to drive change.

Guaranty Trust Holding Company Plc acquires the Mutual Fund and Pension Subsidiaries of Investment One

The acquisitions were facilitated by Exotix Advisory Limited and Vetiva Capital Management Limited as Financial Advisers, Aluko&Oyebode as Legal Adviser and Deloitte&Touche (Nigeria) as Financial Due Diligence Adviser.

Manager of the Year Ninety One says global investment experience counts

The Offshore Manager of the Year award went to Melville Douglas, the offshore investment arm of the Standard Bank group.

Banque Misr invests $80.5m in Afreximbank’s capital increase

This equity investment is a positive and strategic response to the ongoing general capital increase by Afreximbank. Banque Misr has thereby increased its stake in Afreximbank from 3.1% to 5.8%.

‘FBN Holdings Committed to Supporting Human Devt Initiatives’

He hinted that for the past six years going to eight years, they have consistently supported Rotary Club in different intervention.

FG Must Unlock Dead Assets, Others to Shaping Economy in 2022

“There are some forces opposing the business environment progress."

Equity, KCB enter list of most valuable global bank brands

The lenders were measured on perceptions among different stakeholder groups, where customers are the most important, and business or financial performance.

SA's listed property: Investors need to be more realistic about returns

Izak Petersen, CEO of Dipula Income Fund, said doomsday predictions about the retail apocalypse and nervousness around the possibility of further declines in property valuations are receding.

Government of Togo works on new public investment plan

The government also wants to improve coordination between ministries and expand the PIP to local authorities, public enterprises, and public-private partnerships.

Impact Investing Ghana receives RISA funding to support Research and Industry

Strengthening the connections between research and industry is essential for innovation, commercialisation, and dissemination of research results.

Why Moody's is buying Africa's largest ratings agency

Moody's wants to increase its relevance in the domestic capital market in the continent.

Kenya plans more big projects amid surging cost fears

Economists under the plan are also calling for the continued modernisation of sea and inland ports and the expansion of rehabilitation of railway infrastructure to facilitate seamless connectivity.

Middle Eastern countries look to China for infrastructure funding, new technology

Countries in the Middle East, especially Iraq, are a new focus of investment under China’s Belt and Road Initiative, a report out of Fudan University said today.

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