Managers of Wealth 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.

Dutch Firm to Acquire 14.1% Stake in Ecobank

“Ecobank Transnational Incorporated, (ETI), the Lomé-based parent company of the Ecobank Group, announces a material information relating to its ownership structure.

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.

SA Reserve Bank working on developing a platinum coin

The council said in its 2018 annual review that it believed achieving just 10 percent of the success of the gold Krugerrand would create five million ounces of demand including investment, industrial and jewelry.

African behemoth of 200m people awakens to retail banking

After years of ignoring consumers, Nigerian lenders are making an unprecedented push into retail banking.

Economists predict more consolidation of banks in Kenya

The investment analysts say mergers of smaller banks with large ones are the best way to capitalize on players.

Ecobank named ‘Best Retail Bank in Africa’ at African Banker Awards

Ecobank was also nominated for African Bank of the Year in the Awards.

The Best Bank and Bankers in Africa

The two big awards of the night went to development finance institutions - Afreximbank won Bank of the Year and the Trade and Development Bank's President Admassu Tadesse won African Banker of the Year.

Nigeria’s Access Bank promotes women into leadership positions

Compared to the rest of the world, the African private sector is in line with the global trend: women are largely under-represented in the hierarchy.

Despite challenges, Africa's debt is still under control says African Development Bank

The panel was led by N’sele and Simon Mizrahi, Director of Service Delivery, Performance Management and Results at the Bank.

Fidelity Pension assures customers of happy retirement

Afolabi spoke on the importance of early retirement planning in building a long-term future.

Equity Bank to open branches in Ethiopia

Confirming the new development, Equity Group CEO and MD, Dr James Mwangi said that the bank is committed to offering services to clients in different parts of the world in the near future with Ethiopia being the next destination.

These are the best banks according to young South Africans

South Africa’s youth appear to have clear favourites when it comes to banks, with FNB retaining its first place position.

Equity and KCB feted at Africa bankers awards

KCB's recent innovations include its partnership with Safaricom to launch the mobile-based daily revolving credit service dubbed Fuliza.

Kenya’s Biggest Bank Said to Plan Ethiopia Hub as Sector Opens

Ethiopia is working with World Bank to open up finance sector

Orabank wins the Award for the best regional bank in West Africa for the third time

Customer deposits for the Orabank network as a whole amounted to CFAF 1,462 billion

Curious clients taking their time to warm up to TymeBank

A recent investor briefing showed that people are curious about the new bank, but careful about committing finances.

Union Bank of Nigeria and Newgen Software Bag the Best Branch Digitisation Initiative Awards, 2019 from The Asian Banker

This award is a testament to the bank's continuous efforts to innovate and provide high quality service to its customers."