Managers of Wealth Africa

ASKY partners with Sabre, supporting growth across Africa through next-generation technologies

Agreement will help power recovery of travel in West Africa and beyond

Bristol-based ICON Corporate Finance lead ground-breaking Africa fintech deal

Mobile money, which accounts for up to 54% of African economic activity, enables African individuals and enterprises to transact financially outside of traditional banking infrastructure; it empowers the unbanked.

Major African Banks Turn to Global Lenders for Funds

The funding, in addition to extending support to the bank’s clients and companies affected by the pandemic, was meant to help Zenith overcome challenges resulting from limited access to foreign currency and working capital.

Nigeria Moves to Capture Illegal Gold Sales to Increase Reserves

Regulating artisanal gold will help diversify Nigeria’s economy at a time when lower crude prices are adding pressure on President Muhammadu Buhari’s government to reduce Nigeria’s dependence on oil.

Closure of banks shows BoG’s supervisory role is effective – BoG

“On 1st August 1957, Ghana’s central bank, the Bank of Ghana, opened its doors for operations following its establishment on 4th March 1957 under the Bank of Ghana Ordinance No. 34, 19

Nigerian press focuses on investment of pension fund in infrastructure, others

It stated that the purpose of the regulation was to provide uniform rules and standards for the investment of pension fund assets.

Absa ARO Completes Fully Virtual Implementation as It Moves to Fiserv for Card Management and Processing Across Nine African Nations

This timely implementation of FirstVision was achieved using a virtual team model based on proven Fiserv conversion methodologies, as the ongoing pandemic required remote operations.

African banks adopt robust measures against lockdown losses

They have eased capital reserve requirements, many of which were introduced in the aftermath of the 2008 global economic crash.

Afreximbank appoints Bank One as Trade Finance Intermediary in Mauritius

The African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution with the mandate of financing and promoting intra-and extra-African trade.

Banking Sector Assets Strong – BoG Governor

growth, and borrowing from parent companies had funded banks investments

Proposed law to regulate digital lenders goes for public hearing

The proposal was first introduced in parliament in October last year by nominated MP Gideon Keter.

Standard Bank, Silicon Cape deal targets local fintech start-ups

In addition, start-ups in the ecosystem will benefit from exposure to a major corporate like Standard Bank.

CDC injects more $75 million into trade finance deal with Absa

Trade finance represents the financial instruments and products that are used by companies to facilitate international trade and commerce

UBA Denies N41bn Fraud Allegation

UBA has set in motion all appropriate legal actions to ensure that the misleading reports are retracted and the perpetrators held accountable for their actions.

Where FATF Crypto Compliance Gets Interesting: Africa

Africa isn’t included on the virtual asset regulatory map just yet.

SA’s increasingly jaded corporate governance

The regulatory muscle being flexed by the bourse, and questionable claims of independence by some corporates.

VBS can’t be revived: Reserve Bank

To date, the Reserve Bank said over 98% of deposit balances guaranteed by government have been claimed.

SA’s increasingly jaded corporate governance

The regulatory muscle being flexed by the bourse, and questionable claims of independence by some corporates

IMF and African Development Bank loans couldn’t even cover South Africa’s tax shortfall

To help the battered economy and fight the pandemic, South Africa has borrowed $4.3 billion from the IMF, R5 billion from the AfDB and $1 billion from the New Development Bank.

Private sector credit growth hits 5-month low over Covid

Banks are taking a cautious approach in extending fresh credit in an environment where corporates and individuals are increasingly seeking extension on their loan repayments due to liquidity challenges.

Regulation,Tax & Compliance