Managers of Wealth Africa

Ecobank Transnational Posts N4.8trn Gross Earnings

The group reported gross earnings of N4.82 trillion in 2025, up from N4.21 trillion in 2024, with interest and non-interest income both contributing to the expansion.

Alarm bells over popular payment method in South Africa

Scherman is concerned that the use of this payment option could spiral out of control in South Africa without proper regulation or understanding.

Standard Chartered, Stanbic lead as customer experience redefines banking competition

Despite strong performances at the top, KPMG notes that slow loan processing, complex documentation and turnaround time remain major sources of frustration for small and medium-sized businesses.

South Africans saying goodbye to bank cards

“Even consumers with traditional bank accounts are finding it easier to manage day-to-day finances through mobile banking apps and connected wallets.”

Absa’s Next Move in Kenya Reflects a Banking Market That No Longer Rewards Patience

Foreign lenders see opportunity in Kenya, but growth here follows its own logic

Great news for people who bank with Capitec in South Africa

This continued in 2026, with the bank not increasing any of its fees for key transactions, including the monthly account fee, which remains R7.50 per month.

South Africa’s TymeBank Rebrands as GoTyme Bank

The rebrand includes a phased rollout of a new mobile app, with existing customers migrated automatically.

Absa Mauritius: A pan-African banking powerhouse driving innovation and investment

Award-winning bank positions Mauritius as a gateway for global capital into Africa’s fastest-growing markets

First Abu Dhabi Bank to open Nigerian office in sub-Saharan push

We were absolutely convinced that we needed a presence in sub-Saharan Africa. We have a presence in Egypt.

Absa F&I Awards honours top performers

The prestigious event was sponsored by Absa, which has delivered its endorsement and headline sponsorship since the inaugural awards in 2023.

FG’s N9tn domestic loans surge drains lifeline from businesses

In contrast, net credit to the private sector declined by N1.543tn in 2025, highlighting the challenges faced by businesses amid tight monetary conditions and elevated interest rates.

Weak PSCE growth; recovery ahead

The data reflects lending across the entire banking system, including state-owned development institutions such as the Bank of Industry

Ghana’s public debt declined to GH¢644.6bn in November 2025

The data showed that the external debt stood at US$29.3 billion in November 2025 2025, lower than the US$29.5 billion in November 2025.

Nedbank issues urgent scam alert over AI-generated investment fraud

Nedbank has confirmed that the content is a scam and is not linked to the bank or any of its legitimate products.

Nigerian banks face tough road to Africa’s top 10

In March 2024, the Central Bank of Nigeria (CBN) directed deposit money banks to raise their minimum paid-up capital in line with their operating licences.

Seven Nigerian banks currently authorised for International operations

The countdown to March 31 2026 sharpens every decision, intensifying the suspense and raising the stakes for lenders across the country.

Standard Bank losing out to Absa

Meanwhile, Francisco Khoza, the head of legal, will join the Absa team as deputy general group counsel, Absa said in response to queries.

Nigeria: Access Holdings lags banking peers in 2025

Access Holdings Plc’s 2025 financial year told a clear growth-at-a-cost story.

Nigeria: Examining balance of payments surplus, remittances, FX reserves inflows

Nigeria successfully returned to international capital markets in late 2024 and received upgrades from several rating agencies

Major shift in African banking

The transition can be traced to early 2016 when Barclays, in Africa since 1916, announced its gradual exit from the continent.

Retail Banking