Managers of Wealth Africa

KENYA: Current account deficit narrows to 5.2pc in May

The pandemic led to reduced demand from the export destinations as countries placed lockdown measures to curb the spread of the virus.

Women in arid areas miss out on gains of empowerment fund

The report tabled before Parliament shows that women in West Pokot County have so far taken Sh39.8 million

South Africa – The 1% country

Global investment for the South Africa is just a percentage

Richest Person In South Africa: Nicky Oppenheimer Net Worth

South Africa’s natural resources cannot be underestimated. It is home to vast reserves of valuable minerals such as gold, silver, platinum, nickel and coal, among others.

Edo govt spends N25bn on pension, clears arrears with N4.3bn

The State Government exercised political will and has been committed to the payment of pension arrears

Bank chiefs forecast credit growth, economic activity

This was in addition to the stimulus package pronounced in the budget, expected demand for personal loans to cope with effects of the pandemic, and the need for loan moratoriums and restructuring by businesses.

Some experts are uncertain of what to expect from money markets in H2 2020

In the meantime, liquidity in the Nigerian banking system is said to be below N100 billion

Assessing Private Sector Intervention in Covid-19 Fight

The bank’s role in the collaboration underscores its well-known visionary and exemplary leadership initiative in times of crises.

How far will the R3bn recapitalisation take the Land Bank?

The recapitalisation won't solve all Land Bank's problems

Banks, Other Lenders Urged to Finance Africa’s Economy

On his part, CEO, Ghana Investment Promotion Centre, Mr. Yofi Grant, said lack of capital goes with poor institutional growth and because most of our companies start from a micro-space so it becomes difficult to make big leaps, hence we need great thinker

South African banks need to do more to ensure financial inclusion

In general, there are four dimensions of financial inclusion: access, usage, quality and welfare

Report: African Banks Contribute 2% Of Global Profits

They contribute two per cent of global profits and deliver a 19.49 per cent return on capital — the third highest level in the world”

Kenya among top destinations in Africa attracting venture capital

The financing usually comes from well-off investors, investment banks and other financial institutions and can be provided in technical or managerial expertise.

Contraction shows SA's reforms are a day late and a rand short

I look at these figures with the labour force survey figures recently.

SA needs wealth creation policies, too

It uses a Total Early-Stage Entrepreneurial Activity measure to illustrate that only 10.7% of the working age population was involved in entrepreneurial activities in 2019, which is lower than the regional and world averages.

African banking after the crisis

Here’s how African banks can manage the impact of COVID-19—and prepare for recovery.

Kenya’s Economy Gaining Momentum Despite Virus Effects, Outlook However Uncertain -CBK

Last month, the committee however left the economy’s growth forecast for the year at 2.3 percent.

How to boost cross-border financing solutions in Africa

“These (standards) have not been effective because every country wants to do things in a way that befits them. They are not looking at the bigger market.”

Analysts Predict Liquidity Boost with Maturing Fixed Income Instruments

So, with N5 trillion against N2 trillion, you can see that the demand for investment would become very high and it would then affect returns going forward.

Renewed activity observed across global residential markets: Savills

Once travel restrictions into Singapore are eased, Cheong expects ultra high-net-worth Chinese buyers to snap up properties in the city-state.

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