Managers of Wealth Africa

Standard Bank adjudged 2024 Best Bank in Africa, but Access Bank is Best Bank in Ghana

Access Bank Ghana, a subsidiary of Access Bank Group of Nigeria, was however adjudged the 2024 Best Bank in Ghana.

Fidelity Bank chair to earn N60m per annum

The directors of Fidelity Bank also proposed a final dividend payout of 60 kobo per share to shareholders for the 2023 financial year

The Reserve Bank warns of a major risk to South Africa’s economy

South Africa generates about 80% of its power from coal.

Fidelity Bank joins forces with Proxtera to empower Ghana's SMES on GIFE Platform

The agreement was signed Wednesday during the ongoing 3i Africa Summit, a major gathering focused on driving Africa's growth potential.

Nedbank launches Bank Your Time – Save time when managing your money

This campaign was inspired by the increasing prevalence of digital banking, which now accounts for nearly 30% of Nedbank’s customer banking in South Africa.

Boost for retail in South Africa

The outcome was better than the market expectations of a mild expansion of 0.4%.

Best banking fuel rewards in South Africa: Absa vs Capitec vs FNB vs Nedbank vs Standard Bank

To fill a 50-litre engine with 95 petrol inland, consumers must fork out R1,275.

Bank chiefs obtain N549bn insider loans in five years

These transactions dropped to N52.40bn for eight financial institutions compared to N111.31bn in 2022, indicating a 52.92 per cent decline in one year.

Stanbic Bank Kenya rolls out financial products to boost China-Africa trade

Stanbic Bank Kenya is part of the Standard Bank Group, whose single largest shareholder is the Industrial and Commercial Bank of China (ICBC).

Absa Kenya bets big on mass market for growth

Absa Bank Kenya, Standard Chartered Bank and Stanbic Bank are rapidly adopting the new growth model by diversifying into retail business.

Standard Bank Report Predicts $5.1bn Capital Inflows into Nigeria’s Economy in Second Half of 2024

Using estimates from Nigeria’s past Eurobond issuances, it forecasted that the federal government may issue between $3 billion and $5 billion in a dollar-denominated local bond.

Access Bank Group joins forces with Mastercard

Stitching together Mastercard’s multiple complementary network assets and the treasury capabilities of Mastercard Move, this collaboration offers customers more choices with their payment means.

Access Holdings assigns N427m shares to senior executives

This was in pursuant of the terms of its shareholders’ approved employees’ performance share plan.

GTBank Uganda transitions to Tier-2 credit institution

This position has become necessary in view of the bank’s current paid-up share capital position of UGX 41 billion

Absa opens in China

China is now Africa’s and South Africa’s largest bilateral trade partner

Four UBA directors acquire N1.12bn shares

These acquisitions come on the heels of the capitalisation drive of the bank to meet the new capital threshold of the Central Bank of Nigeria.

Absa Bank launches money matters initiative to bolster financial literacy among the youth

The Money Matters initiative addresses an urgent need for enhanced financial education in Ghana.

Five levies Nigerians pay for electronic transactions

The circular was directed to all commercial, merchant, non-interest, and payment service banks, among others.

Nominations announced for the African Banker Awards 2024

The 2024 edition of the Awards spotlights infrastructure, sustainability, and gender equality

Amazon launches in South Africa

For products that are fulfilled by Amazon, customers will get free delivery on their first order, followed by free delivery for subsequent orders above R500.

Retail Banking