Managers of Wealth Africa

Morocco lures Sharia cash with first Islamic bank

Morocco is poised to have its first full-fledged Islamic bank as early as September as the only North African country rated investment grade seeks to tap the US$1.8 trillion industry.

Atlas Mara says to target Africans ignored by other banks

Atlas Mara , the newest entrant to the African banking market, plans to target low-income earners in additional to the multinational companies and middle-class consumers existing lenders have concentrated on

Airtel Ghana, Sahel Sahara Bank in strategic partnership

Airtel Ghana and Sahel Sahara Bank have signed a Memorandum of Understanding to enhance the business potential of both parties.

Nigerian Lender UBA Takes Services To Facebook With U-Social Banking

All UBA customers who are on Facebook can access the easy-to-use platform via mobile or desktop devices

Banks with the best initial deposit requirement for dollar accounts in Ghana

Another bank that will virtually require no money from you before it opens a dollar account for you is Royal bank.

Barclays eyes Nigeria licence as it reports higher full year earnings in Africa

Barclays Africa Group has applied for a Nigerian banking licence and wants to take over the Egypt and Zimbabwe units still ran by its parent company, it said on Tuesday after reporting higher profits.

Barclays African unit may buy parent’s Zimbabwe, Egypt banks in ‘low risk’ strategy

Bank’s wealth and investment management and insurance unit waiting for a Kenyan license and may consider West African expansion.

Takeover bid for Portugal’s BPI bank opens way to consolidation in the Angolan banking sector

The Africa Intelligence Monitor newsletter said Isabel dos Santos is only interested in selling the BPI stake through a prior agreement

National Bank of Abu Dhabi Eyes Expansion

The United Arab Emirates Lender Plans to Broaden its Reach Across Africa, the Middle East and Asia

Namibia: Nedbank Now Also to Scrap Deposit Fees

In terms of the directive, individual clients are exempted from paying for cash deposit fees

Kenya's regional bank to expand African markets

Oigara said for the year ending December 2014, the bank made a profit before tax of 260 million U.S. dollars

Diamond Bank unfolds new business packages

The need for extensive planning before venturing into business has been stressed at a public forum organized by Diamond Bank, Plc

Publicis Machine wins Barclays Africa Corporate and Investment Banking business

Publicis Machine is proud to announce that it has won the Barclays Africa Corporate and Investment Banking (CIB) business

Flobal Trust Promises Improved Financial Services

Adeyeri, who holds an MBA in marketing resigned last week from Ecobank Nigeria to settle into his new role as the chief marketing officer of Flobal Trust Limited.

Stanbic Equips SMEs With Business Support Initiatives

The workshop, which was held in Lagos, attracted over 400 participants

Coris Bank Int’l to launch subsidiary in Togo

Owned by Burkinabe businessman Idrissa Nassa, Coris Holding Ltd. has four banking subsidiaries

Botswana’s Central Bank Assumes Control of Struggling Kingdom Bank

The Botswana Central Bank, Bank of Botswana, has taken over the operations of struggling Kingdom Bank Africa Limited.

First Bank of Nigeria completes acquisition of FBN Bank DR Congo

First Bank of Nigeria has completed the acquisition of FBN Bank DR Congo, as part of plans to expand its presence in Africa

Barclays Bank Seeks Nigeria Re-Entry

Barclays Africa Group Limited is keen to grow its presence in Nigeria’s busiest city Lagos

Retail Banking