Managers of Wealth Africa

Commercial Bank of Africa buys Rwandan lender

The action has been taken upon a determination by BoU that Crane Bank Ltd is a significantly undercapitalised institution as defined by law.

Wealthy Kenyatta Family To Acquire Rwanda Bank Owned By Former Ugandan Billionaire

Terms of the deal were not disclosed.

SME Bank makes first repayment to SSC

SSC is not the only state-owned entity that invested its money with the SME Bank

Diamond Bank, Unity Bank, Wema Bank, Others “Potentially Challenged”

The divide between the haves and the have-nots among Nigerian banks is widening.

Nigeria bank divide widens as small lenders face cash crunch

Smaller banks are lagging behind as they battle rising levels of non-performing loans and capital buffers near regulatory minimums.

Nedbank Rolls Out New Core Banking System ‘Flexicube’

The director hinted that the transition will be seamless as customers account numbers will not change.

Interest rate caps eat into bank’s first quarter profits

EPS is one of the six metrics used by the investment companies to measure a company’s profitability per outstanding share of common stock.

Bank of Kigali seeks foreign listing

The IPO was 274% oversubscribed with Rwandan investors making up 75% of the shareholding.

The International banker 2017 middle east & Africa awards winners

This economic slowdown has come in the wake of extensive government spending in the runup to an election.

Standard Chartered launches ‘No 1 Bank’ brand campaign

Real Estate deal of the year 2016 award and Euromoney’s Best Private Banking Services in Africa 2017.

KCB Group offers to take over National Bank of Kenya

KCB and National Bank of Kenya share the same largest shareholders, the state and the state’s pension fund, and they have both traditionally competed for the government’s banking business, including deposits.

Germany’s initiative on Africa must be seized

A G20 Partnership with Africa has potential — if the continent’s governments step up

Zenith Bank’s Impressive Eurobond Outing

The growing interest in the dollar-denominated debt was, apparently, spurred by the successful outing of Access Bank Plc, which raised $300 million from the Eurobond market in the fourth quarter of last year.

KCB prepares to buy National Bank, documents indicate

If the transaction takes off, it could carry major implications for competition, potentially sparking off a scramble for government deposits and banking business on a scale never seen before in Kenya’s history.

Bad bank feels recession bite

But Residual Debt Services says debtors are better off

FirstBank Provides Secure and Convenient Money Transfer Services to Customers

FirstBank is the leading agent bank for MoneyGram in Nigeria and has been recognised for its increased transaction volume among other agent locations.

Standard Bank says technology rewrites Africa’s energy future

New disruptive technologies are changing the way that energy generation and distribution is understood and funded in Africa, according to a new paper from Standard New technologies are set to expand access to energy beyond Africa’s urban centres.

Angola: Bank of China to Internationalize Angolan Banking System

This act proves the trust of our international partners

End of an era for iconic century old Barclays Kenya brand

Barclays Africa Group was formed through combining Absa Group Ltd and Barclays’ African operations on July 31, 2013

Bank customers to access comparative interest rates online

We expect this move to boost transparency in the banking industry

Retail Banking