Managers of Wealth Africa

Why African Customers Are Moving Away From Traditional Banking

Below we've highlighted the top 3 challenges reported by Africans about their banks.

Majid Al Futtaim Partners with Checkout.com to Enhance Digital Payments

Additionally, the partnership will enhance payment experiences for the company’s cinema, leisure and entertainment businesses.

PayShap fees in South Africa – Absa vs Nedbank vs Standard Bank vs FNB vs TymeBank and more

BankServAfrica said that the gradual migration of transactions from legal payment rails to PayShap by the participating banks has led to a rise in transaction numbers,

Access Bank proves resilient — Named Best Bank in Ghana

This award affirms the bank’s commitment to the needs of customers

Zenith Bank emerges ‘Most Sustainable Bank in Nigeria’

This prestigious award underscores our steadfast commitment to sustainability and reinforces our belief that responsible banking is essential for long-term success and societal impact.

Absa aims to use new Beijing office to strengthen China-Africa business ties

With a healthy client base already in place, Absa will make its presence known

Africanbank profits rise after closing the taps

The group’s customer base also increased by 38% to 5.7 million.

Tough start to 2024 for Nedbank – with the rest of the year not looking much better

Household finances remained under pressure as real incomes contracted and job prospects remained muted.

Aig-Imoukhuede honoured with African Banker Lifetime Achievement award

Aig-Imoukhuede’s journey epitomises his dedication to transforming the African banking and financial landscape.

Bank of Ghana holds policy rate at 29%

The decision to maintain the policy rate was reached after the Committee deliberated and assessed global and domestic macroeconomic developments for the first four-months of the year, and the balance of risks to the outlook, he said.

Zenith Bank GMD bows out Friday, wins best CEO award

The award, published in the Spring 2024 issue of International Banker Magazine, United Kingdom, coincides with Onyeagwu’s completion of his five-year tenure on Friday.

Citibank NA scoops top overall best bank award in Kenya 2024

Standard Chartered and Equity came in at position two and three, respectively

Stanbic Bank Kenya set for Temenos core banking upgrade with Orion Innovation

Stanbic Bank Kenya first went live with Temenos’ core banking tech in 2010, after previously leveraging Kindle Banking Systems’ Bankmaster.

Absa Bank Ghana Champions Strategic Risk Management at Client Seminar

Jeff Gable, Absa Group Head of Macro Research, provided an in-depth analysis of the global economic landscape, highlighting its

Stanbic Bank Reiterates Commitment to Supporting Local SMEs

Joining a panel to discuss the topic

Stanbic Bank Kenya Partners with Orion Innovation for Strategic Modernization

Latest agreement highlights Orion's leadership role in transforming the Financial Services industry across the MEA Region

UBA Group emphasises focus on innovation, capital flows, trade and investments

Innovation and digital transformation are at the heart of UBA’s strategy for future growth and competitiveness.

How much more you’re paying for banking fees in South Africa: 2019 vs 2024

Solidarity’s banking fee comparison is based on four different transaction profiles split across four groups.

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

Retail Banking