Managers of Wealth Africa

These are the 15 largest banks in Africa for 2019

South Africa, Egypt, and Morocco banks feature prominently among the largest banks in Africa.

South Africa’s banks tank in global ranking

Of the top 10 African banks by Tier 1 capital, South Africa’s Standard Bank retains the top spot in the 2019 rankings with $9.8 billion.

Guardian feted as best lender in Kenya

The Chandaria family, which has extensive investments in paper manufacturing, petroleum, real estate and banking, founded Guardian Bank in 1992.

Barclays Bank woos small businesses with targeted training

“We are in discussion with large businesses that rely on low-end SMEs for goods and services where our sole intention is to support the low-end businesses with loans to improve their processes via purchase of equipment to fulfil contracts awarded to

Bank profits hit Sh56.8 billion

The jump in earnings comes at a time when credit growth to the private sector improved to 4.9 percent

A Bank Built in 1.5 Million Hours Takes on 180-Year-Old Rivals

But, while Discovery Bank was getting off the ground, the likes of FirstRand Ltd.’s First National Bank and Capitec Bank Holdings Ltd. had a head start to bolster their own services and begin a price war.

Ethiopia’s All Female Bank Branch And The Newfound Role Of Women

The Commercial Bank of Ethiopia now hopes that the new all-female operated branch will deepen financial inclusion among women across the country.

Standard Chartered accelerates momentum of its digital strategy across Africa

Standard Chartered announce launch of social banking solution for Africa in Kenya, Uganda, Ghana and Tanzania

Banks’ profit up 38.9%

Net fees and commissions moderated to 4.3 percent compared with 20.0 percent growth in the same period last year, attributable to the slowdown in the volume of off-balance sheet activities.

African Bankers’ Awards: BOI wins Financial Inclusion Award for driving FG’s GEEP programme

The Bank of Industry was given the award at the African Bankers’ Awards ceremony which held in Malabo, Equatorial Guinea on June 14th, 2019

African Development Bank approves USD 24.7 million for Water and Sanitation Development in South Sudan

The Strategic Water Supply and Sanitation Improvement Project will support the rehabilitation of approximately 50km of the Juba town distribution network and related works

New competition may be launching – but South Africa’s Big 5 banks actually increased their dominance last year

At the end of March this year, the Prudential Authority says in its annual report published on Tuesday, SA's five largest banks

Stanbic Bank rolls out Sh20 billion women-only loans

Female entrepreneurs own a majority of the Small and Medium Enterprises in the country, but most fail before they hit their third year of operation.

Oigara to lead National Bank, KCB buyout team

This comes as KCB says it has served NBK with an offer document following approval from the markets regulator.

Access Bank unveils new brand identity

Access Bank has grown over time and has built an enviable brand in the wholesale banking segment but increasingly we have always wanted to strengthen our retail franchise to enable us diversify and serve the whole value chain, right down to the ordinary w

CBN is set to recapitalise Nigerian banks again

“In the next 5 years, we intend to pursue a programme of recapitalising the Nigerian banking industry, so as to re-position Nigerian banks among the top-500 in the world.”

Ecobank wins Award

Brand Africa 100 announced the winners at an event at the Johannesburg Stock Exchange JSE, with industry leaders from across Africa

Africa’s output grew by 3.4 per cent in 2018: Afreximbank

World Trade Organisation estimates show that the volume of global merchandise trade grew by three per cent in 2018, down from 4.6 per cent in 2017.

African Development Bank, Making Finance Work for Africa and the German Cooperation host International Workshop on Africa’s Trade Finance Market

The workshop, themed: “The Consolidation of International Correspondent Banking Relationships in Africa,” was attended by representatives of the main correspondent banks operating in Africa

African Behemoth of 200 Million Awakens to Retail Banking

Banks are trying to entice consumers with free access to music on their mobile phones, payday loans, or shopping services to add deposits and lower their funding costs.