Managers of Wealth Africa

Great news for Capitec customers in South Africa

The bank has now made Smart ID services available in every province in the country, giving it the widest reach across all banks.

New N100m loan scheme targets Nigerian micro-entrepreneurs

The facility targets the informal sector, where micro-entrepreneurs often struggle to secure capital due to stringent collateral requirements from larger banks.

GCB Bank records GH¢2.06bn profit for 2025

Total assets rose to approximately GH¢52.4 billion, while customer deposits climbed past GH¢41 billion, indicating sustained public confidence in the institution.

FNB CEO’s warning for South Africa

The nation’s expansion has averaged less than 1% annually for more than a decade.

Fraud warning for Nedbank and GoTyme customers in South Africa

While the rebranded GoTyme is heavily investing in measures to mitigate fraud risks, Jacobs said that banks cannot fully combat fraud on their own.

Breakdown of Equity Group Customer Base, Branches, and Employees in East Africa

The group’s subsidiary in the Democratic Republic of Congo manages 3.5 million customer accounts with 81 branches

SA banks escalate digital push to gain market share

PwC identifies digital transformation as a primary driver of competitive advantage contributing to the financial sector’s balance sheets remaining strong in 2025.

Banking giant eyes African expansion as full-year profit rises 12%

The shift also coincides with the retreat of several European and French banks from parts of the continent, creating space that regional lenders are moving quickly to fill.

Bad news for South Africa’s new bank taking on Capitec

OM Bank has recorded significant customer growth since its soft launch in August 2025, with its parent reporting that it is signing up 3,000 new customers each business day.

Cheapest bank accounts in South Africa – Absa vs Capitec vs FNB vs Nedbank vs Standard Bank

To determine the true cost of banking, Solidarity adopts a “basket of transactions” approach instead of merely comparing basic monthly administration fees.

Standard Bank invests R1 billion to enhance online banking for business clients

With over 140,000 businesses already onboarded onto the new system, the online banking platform supports business banking anytime, anywhere, and across devices.

Ghana’s banking sector strong but credit growth remains subdued – BoG Governor

“The extent to which changes in the policy rate translate into credit conditions for households and businesses is important,” Dr Asiama explained.

Zenith Bank targets affluent clients with new Visa Signature Card

The Visa Signature Card is designed for customers who frequently travel and make high-value transactions both locally and abroad.

African Women shift from seeking seats to building institutions, UBA panel says

It explored how women across Africa are reshaping leadership, innovation and business while creating sustainable economic and social impact.

BdM: Mandatory Bank Reserves Rose 20% in 2025 to $4.1 Billion

The statistical report does not provide explanations for this sharp growth in just one month.

New bank coming after Capitec already has 2,500 branches across South Africa

Pepkor received approval from South African authorities last year to establish a banking presence and bought a financial technology platform to support this expansion.

Big changes for debit orders in South Africa next month

The change has been confirmed by the South African Reserve Bank (SARB) and the Financial Sector Conduct Authority (FSCA).

Standard Chartered Bank Ghana named Best in Cash Management at Innovation & Excellence Awards

These services are delivered through digital platforms and automated systems designed to support treasury operations and optimise cash flow.

South African Absa Group expands presence on the continent

In Zambia, Absa is considering the possibility of participating in mining projects, including copper and rare earths.

Good news for FNB customers in South Africa

Last year, the department announced a new digital partnership model, which will allow FNB access to Home Affairs’ back-end systems for faster, more reliable processing for further reach.

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