Managers of Wealth Africa

Nigeria’s GDP Growth Slows to 2.25% in Q3 2022

The results show that the third quarter’s growth was lower than the second quarter’s growth of 3.54 percent and the same quarter’s growth of 4.03 percent from the previous year.

Black ownership in banking sector remains low

In a world of borderless financial markets and open economies, the financial sector was rightly identified as the nerve centre of the post-apartheid economy.

Nigeria’s N500TRN Insurance Industry

This implies that if potential customers can appreciate the true value of the sector, it will automatically lead to more widespread acceptance. A

Signature Bank eyes over 40m unbanked Nigerians

Statistics has it that more than 42 million people in Nigeria have no access to financial services.

What Top Chief Executives in Nigeria Earn

Obinna Chima highlights findings from a new report on the compensation of top chief executive officers in the country

Capitec ‘hit squad’ scored millions – and is getting away with it

Viceroy gained some prominence and credibility through its reports on Steinhoff

Big Four fees push businesses to mid-size accounting firms

Ms Danasamy added a majority of the 63 firms listed on the Nairobi Securities Exchange are audited by major accounting firms.

On Global Women’s Entrepreneurship Day, Lionesses of Africa’s Business Confidence Report celebrates African women entrepreneurs’ optimism about business

There was a sizable drop off in access to Covid-19 business support programs and other government grants compared with the previous year.

African Tech: 54Gene, Swvl, Wave… Start-ups are laying off staff at every turn

Its fall has been as meteoric as its rise.

Africa still prefers cash when it comes to payments

Of the 1 357 respondents who participated in the survey between September and October 2022, a third said cash was their preferred payment method.

BoG has exceeded its emergency financing support to government – Minority Leader

In a related development, the Deputy Ranking Member on the Finance Committee, Isaac Adongo claimed that the government has borrowed more than 70 billion Ghana cedis illegally from the Central Bank which he says is a contributory factor to the cedi’s

Green hydrogen could boost GDP up to 12% in six African countries

Africa Green Hydrogen Alliance identifies opportunities for Egypt, Kenya, Mauritania, Morocco, Namibia, and South Africa

NGX opens week negative with N76 billion loss

Consequently, the market capitalisation of equities depreciated by N76 billion to close at N23.866 trillion from N23.942 trillion.

African Development Bank Country Managers Hold Discussions With Officials From Southern Africa Development Community Officials

The discussion also shed light on how the Bank can assist SADC member countries to mobilise resources for regional projects using various financing instruments of the Bank.

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