Managers of Wealth Africa

What billionaire Dangote can teach Africa about financing infrastructure

Panellists at a Standard Bank conference cite the industrialist’s refinery in Lagos as an example of how ambitious projects should be funded.

South Africa’s Newlyn Group Secures Absa Financing for Logistics Expansion

The facility will support the company’s pipeline of infrastructure projects across South Africa and fund development along the country’s main logistics corridors.

World Bank Sets Five Strategic Priorities for Mozambique’s Development

Another priority highlighted by the World Bank is economic diversification.

A wider current account surplus in Q1 ‘26

The improved surplus on the CA was primarily driven by a sharp increase in the trade surplus

Nigeria ranks 55th globally, tops Africa in IMD economic performance

The IMD report, which evaluated 70 economies across economic performance, government efficiency, business efficiency and infrastructure, ranked Nigeria 55th globally on economic performance with a score of 45.2.

Demand for Technology and Consulting Skills Is Rising

The firm is seeking individuals who want to build rewarding careers while contributing to some of the financial services industry’s most complex and meaningful transformation programmes.

Services deficit narrows, underlying weakness persist

Despite this improvement, the services account remains a structurally weak component of Nigeria’s current account, reflecting limited services export capacity alongside persistent import demand.

Africa was the world's fastest-growing ultra-wealth region in 2025, new data shows

Africa posted the world's fastest ultra-wealth growth in 2025, yet the continent's 3,440 ultra-wealthy individuals hold less than 1% of global fortunes.

OM Bank bets on simplicity in a complex market

We’ve recently got onto the Google Pay platform, which gives you the opportunity to transact.

What Ramaphosa thinks about plan to give black businesses R55 million every day for five years

The proposed fund, which would be capitalised over five years, is expected to channel around R20 billion annually into majority black-owned and controlled enterprises.

South Africa is weathering the storm

South Africa entered the year on a strong footing, with improved financial metrics and its first credit rating from S&P Global in two decades.

Top 10 best performing money market funds in Nigeria by YTD yield as of May 2026

Investor demand for safe and stable returns continues to shape the market, with capital flowing steadily into instruments that prioritize preservation and reliability.

Great surprise for South Africa

The impact of the conflict was felt in the sharp fuel price increases in April, which may be reflected in the second-quarter GDP estimates.

Public pensions invested in 15 companies that lost 100% of their money, and good news for Capitec customers

The rand was trading at 16.4650 against the US dollar, an increase of roughly 0.5% from its previous close.

South African households have a R2.4 trillion problem

National Debt Advisors Head Sebastien Alexanderson said that South Africa is misdiagnosing the crisis.

Algeria expected to grow above forecasts

The African Development Bank estimates the country’s gross domestic product will expand 4.1% this year and 4.2% next year.

Nigeria’s economic growth may weaken in 2027, AfDB projects

In 2027, growth is projected to decelerate to 3.7 per cent on account of the anticipated easing of global oil prices and thus reduced external revenue inflows.”

Biggest financial blow to South Africans in two years

Economists have noted that the significant decline in the economic outlook due to the outbreak of the war in the Middle East is starting to impact the labour market.

Interest rate heartbreak for South Africa

Unfortunately for South African consumers, the fuel price shocks following the United States’ war in Iran have pushed the energy component of inflation far higher.

Ghana faces $9.3b climate financing gap

The Review said the financing gap highlighted the urgent need to mobilise public and private capital to address growing climate-related risks confronting the economy.

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