Managers of Wealth Africa

Africa will rise to the top globally

The South Africa–Zimbabwe partnership is an important example of this vision.

PwC: Nigeria’s Economy to Grow 4.2% in H2, Reform Gains Yet to Reach Households

The assessment was contained in its H2 2026 Nigeria Economic Outlook, titled “Unlocking Nigeria’s Reform Dividend: From Macroeconomic Stabilisation to Inclusive Growth.”

Banks account for 92% of NFIU suspicious reports

The agency also received 41,716,214 Currency Transaction Reports and 10,513 Suspicious Activity Reports during the year.

Egypt holds nearly half of Africa’s $7bn sukuk market, Fitch says

In its latest report, the credit rating agency said African sukuk crossed $7 billion outstanding in August, up 16 percent year on year.

Southern Africa: Namibia, Botswana Stress Diversification in Managing Resource Wealth

The discussion took place during a public lecture hosted by the Bank of Namibia (BoN) in collaboration with the University of Namibia in Windhoek on Friday.

Middle East Banks Grow African Presence

For decades, the continent was a preserve of Western lenders.

Further strengthening of Nigeria's external reserves

The sustained accumulation reflects a favourable confluence of factors

Big changes to working hours in South Africa

The QLFS report showed that the labour market deteriorated in the second quarter of 2026, with employment falling and unemployment increasing.

The province in South Africa that had the biggest increase in unemployment

This change has pushed the official unemployment rate up to 32.7%, while a broader measure of labour underutilisation has reached 46.3%.

The Horn Of Africa States: Islamic Banking And The Region Turning Turbulence Into Opportunity – OpEd

Global Islamic banking is no longer a niche corner of the financial world reserved for the Gulf and a handful of Southeast Asian economies.

Nigerian billionaire Femi Otedola has spent about $300 million buying bank shares this year raising his First HoldCo stake to 26% as he targets a 51% majority takeover

Otedola has spent about $300 million buying First HoldCo shares in 2026, lifting his stake from 5.65% before becoming chairman to 26.1%.

Mozambique Public Debt Reaches 74.7% of GDP in 2025

The report attributes this deterioration to post-electoral shocks in 2024 and extreme weather events recorded in the first quarter, which prompted the government to revise its budget targets and financing strategy.

Mozambique Labour Exports Rise 32% in First Half of 2026

The 11,700 placements recorded in the first half of 2026 therefore mark a year-on-year increase of 32%, reflecting continued growth in the deployment of Mozambican workers to international markets.

Reserve accretion mitigates growing external liabilities

The increase reflects a rise in foreign claims on Nigerian assets relative to Nigerian-owned assets abroad.

Nice surprise could be coming for South Africa

The figure, released this week, was well above the R345 billion achieved in the 2025-26 fiscal year and the 364 billion rand projected in the February 2026-27 budget.

Capitec sounds the alarm over R50.4 trillion gap in South Africa

The average South African income earner has a shortfall of around R3.1 million in death and disability cover.

The 10 most expensive golden visas in the world

Based on an analysis by BusinessDay from data from Henley & Partners, the country’s investment amount tops 47 other countries offering investment migration programs, with four African countries making it to the top ten such as Ethiopia, Mozambiq

Top 10 African countries with the highest interest rates in July 2026

Fearing a massive wave of imported inflation, central banks across the continent have been forced to put their long-awaited rate cuts on ice.

Bad to worse for interest rates in South Africa

While a rise in inflation was expected, projections were lower after the inflation print in May surprised on the downside, coming in cooler than anticipated.

Retirement readiness remains a challenge for most South Africans

FNB Wealth and Investments head of product Samukelo Zwane unpacks the latest Retirement Insights Survey, highlighting low retirement confidence, rising living costs and why many South Africans expect to work for longer.

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