Managers of Wealth Africa

StanChart returns rise to 14.5pc on dividend review

The payments are for shareholders who were on the lender’s register by April 27.

Seychelles: African Development Bank extends $10 million loan to support COVID-19 responses as economy reopens

Against a backdrop of declining revenues, the Seychelles government recently amended its budget to respond more effectively to COVID-19

Unity Bank: Repositioned to grow profits, lending to the real sector

The bank has improved on its lending to the real sector with over N100 billion granted as loans and advances to customers in 2019.

Exclusive: Best bank in Nigeria judging by the numbers

These banks are all too big to fail but one stands tallest as the best.

Ghanaian banking sector remains resilient in Q1 2020, despite the pandemic

There was also a solid performance throughout 2019, which enabled the local banking sector to contain the impact of the coronavirus on the economy.

Absa parent firm forgoes Sh1.2 billion in dividends

Absa Group is the only investor waiving part of its dividend, with minority shareholders in the Kenyan unit receiving their payout in full.

Standard Chartered Extends Funds For Mitigat Covid-19 In Kenya

All financing was subject to companies having received regulatory approvals to manufacture the essential goods.

Access Bank, Ecobank Nominated for African Bank and Banker of the Year Awards 2020

Similarly, the CEOs of Ecobank and Access Bank Plc, Ade Ayeyemi, and Herbert Wigwe, were both nominated for African Banker of the Year category.

S&P Global affirms African Development Bank’s AAA rating, with stable outlook

The rating agency’s report further noted that the AfDB will play a key role supporting the region, particularly in the context of COVID-19

Fidelity Bank Ghana: Changing the Banking Status QUO in Ghana Through Innovation

As one of the best banks in Ghana, Fidelity Bank has instituted a set of emergency measures to cushion customers and also to support the Government of Ghana as the battle to defeat COVID-19 wages.

Meet the Investor: Janade Du Plessis, Nedbank CIB

Nedbank invests in these businesses in two ways – firstly, in the form of funding for equity, and secondly in order to partner with the business and distribute the innovation to improve the growth of the business but also Nedbank’s clients&

I&M ranked top in Q1 as banks profits seen falling

Co-op Bank’s gross NPL ratio moved to 10.8 percent in the first quarter ended March from 11.2 percent in December.

Co-op Bank finalises talks on Jamii Bora acquisition

“Following the conclusion of a thorough due diligence and a special board meeting held on Wednesday, June 3, 2020, the board approved for recommendation to the shareholders a legally binding offer from Cooperative Bank,” said Jamii Bora Bank c

QNB Group and Mastercard undertake first successful international payment transaction in Sudan

The first successful international prepaid card transaction was performed on 14 June 2020

Stanchart Ramps Up Tech Banking WithWallet-To-Bank

Standard Chartered Bank Botswana has launched Botswana’s first Wallet-to-Bank service.

International Banker 2020 Middle East & Africa Awards Winners

Moody’s recently affirmed the ratings and assessments of 11 banks in Saudi Arabia.

Ecobank Partners African Union

AUDA-NEPAD Chief Executive Officer, Dr. Ibrahim Assane Mayaki, commended the contribution of all financial institutions, development partners and other stakeholders who participated in designing the, “100,000 MSMEs by 2021,” programme.

African Development Bank COVID-19 response: moving from commitment to action

As of June 12, the Bank’s COVID-19 emergency packages have reached the continent’s five geographic regions

Standard Chartered Bank honors five women in tech start-ups

The five winner were selected from a group of 180 companies which competed for the top prize.

Unity Bank posts N44.5 billion as gross earnings in 2019

The Bank had embarked on several cost minimization initiatives that have continued to yield positive results.

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