Managers of Wealth Africa

Keystone Bank constitutes transition board

The transitional governance arrangement which will take effect from the 1st of April 2017 is subject to approval by the Central Bank of Nigeria.

Nigerian central bank approves licence for development bank

The finance ministry said approval for the licence was subject to meeting the minimum capital requirement of 100 billion naira $326 million

CBK keen to get Chase Bank back on its feet

So far Chase Bank has been allowed to do all transactions including foreign exchanges and issuing loans.

Sterling Bank attracts $15m from Islamic Devt Bank

With a focus to contribute to the growth of Islamic banking in Nigeria, Sterling Bank’s non-interest banking unit has attracted a $15 million facility from the Islamic Corporation for the Development of the Private Sector

Uganda's Stanbic Bank reports 25 pct jump in 2016 pretax profit

The results showed the bank's income from trading in foreign exchange, government debt and other trading activities climbed 28 percent last year from 2015.

Guaranty Trust Bank Plc - Management expects higher earnings in 2017

The performance of most of these trade loans has significantly improved largely due to the increased FX liquidity from the recent CBN interventions.

Zenith Bank: Investors in mixed reaction to good results

The shareholders were expected to be happy considering the tough times companies operated in 2016.

Middle East Africa key in future growth plans for Standard Chartered

Keeping lid on costs the bank took a counter-cyclical view and invested in Africa

UBA Grows Profit by 32%

Speaking on its outlook for the 2017 financial year, Uzoka expressed optimism on the bank’s pan-African operations increasingly gaining critical mass across its chosen markets.

Unaitas Sacco eyes commercial bank permit

During the time of the freeze we have had adequate time to prepare the ground for compliance.

Barclays aims for bigger share of euro clearing business in Middle East

We are in lower double digit.

Attijari Wafa Bank Awarded African Bank of The Year in Geneva

Egypt-based Elsewedy Electric received the African Company of the Year award, while the Private Equity Investor of the Year award was given to AfricInvest.

Kenya’s DTB to digest Habib Bank deal before further M&A

We need this year to ensure we are well assimilated, the two banks come together seamlessly

Diamond Trust Bank to acquire Habib Bank

If approved, this will be the third successful acquisition in the banking sector in less than a year.

Two Malawian banks merge

The technical discussions have commenced and by nature are rather complex.

Naira devaluation boosts loan growth for tier one lenders

The central bank in June last year adopted a flexible exchange rate regime that saw the naira lose 40 percent of its value against the U.S dollars.

Angolan bank BPC will be capitalised and restructured

The largest State operator providing credit to businesses and households.

Morocco's BCP says net profit rose 5.3 pct in 2016

Deposits rose 4 percent to 250.3 billion dirhams, representing a 60 percent share of Moroccan market growth and including a 6 percent increase in remittances from Moroccans living abroad

FirstBank CEO, Adesola Adeduntan named Leadership Banker of the Year

The expansive dome of the International Conference Centre Abuja.

The Best Of The South African Banks

The bank also offers a relatively attractive dividend yield of more than 4.5%.

Retail Banking