Managers of Wealth Africa

65% of Kenyans Do Not Have a Bank Account, 87% Struggle with Access to Credit, Says Latest Research

87% of Kenyans struggle with access to credit having never had approved loans for ~$25.

Insurance: What policyholder should know about claims

The data from NAICOM indicated that aggrieved policyholders with 1,582 complaints were owed over N24.59bn and $22.56m.

How rich South Africans are protecting their money

Engelbrecht advised sticking to one’s investment process and remembering that economies tend to recover, even from political turmoil.

Some of the best news in 16 years for South Africa

That matched the National Treasury’s May budget forecast, but missed its 2024 estimate of R61 billion.

Afreximbank eyes multi-billion dollar deals at 2025 annual meetings in Abuja

More than 6,000 delegates from around the world have confirmed participation, according to the Director of Communications and Events at Afreximbank.

The one group of South Africans facing financial disaster

This age group makes up nearly half the population, with close to 30 million South Africans under the age of 24.

Inside Nigeria’s banking system where the blind are denied inclusion

The resulting Stevens–Johnson Syndrome ravaged her young body, attacking her skin and mucous membranes. When she woke up, she could no longer see.

Strengthening relationships through joint accounts

This article explores key steps anyone can take to establish and maintain financial clarity through joint accounts, helping prevent conflicts, promote honesty, and strengthen partnerships of all kinds.

African Development Bank launches inaugural Dual Tranche issuance consisting of new USD 2 billion 3.875% 3-year Global Benchmark, and new USD 1 billion 4.5% 10-year Global Benchmark

The dual tranche transaction benefitted from a strong reception amidst a busy primary market, with oversubscription recorded at 2.9x on the 3-year tranche and 5.1x on the 10-year tranche.

World Bank retains Nigeria’s growth at 3.6%

It warned that global growth could be weaker than projected if global trade tensions were to escalate further.

Financial tips for UK expats moving back to South Africa

For the same income, South Africa offers families better homes, an affordable lifestyle, and access to good schools.

S&P says South Africa needs faster growth to secure rating upgrade

At its most recent review of South Africa last month, S&P affirmed the sub-investment grade 'BB-/B' foreign currency rating and maintained a "positive" outlook.

Credit environment to remain tight in the near term

The contraction in credit supply reflects banks’ tight risk management policies targeted at reducing asset quality risks amid rising macroeconomic challenges.

Risk-adjusted yields most attractive at the short end

The m/m growth in AUM was also supported by an increase of around NGN20bn in the value of corporate debt to NGN2.3trn, increasing its percentage of total AUM by 10bps m/m to 10.1%.

Ghana’s Small-Scale Gold Output Rises 70% in 2024

Small-scale miners contributed 39% of this output, up from 28% the previous year. Large-scale mining accounted for 61%, down from 72%, with 2.9 million ounces produced.

Smart ways to shield your savings from inflation

Inflation is the general increase in prices and the fall in the purchasing power of money over time.

“A Mission, Not a Job!” — African Development Bank President reflects on a decade of leadership

Adesina’s presidency began in 2015

Fresh $24bn borrowing may balloon Nigeria’s debt to N183tn

As of December 31, 2024, Nigeria’s total public debt stood at N144.67tn, according to data from the Debt Management Office.

Inside Absa: How data is shaping Africa’s leading banking group

Business Insider Africa spoke with Hartnell Ndungi, Chief Data Officer at Absa, one of Africa’s largest banking groups, about how the bank is leveraging data analytics to enhance customer experience.

Alpha Morgan gets leadership nod 27th May 2025

“Leadership is an essential capacity that drives the next level of growth and transformation,” Adeyemi said.

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