Managers of Wealth Africa

Breakdown of Equity Group Customer Base, Branches, and Employees in East Africa

The group’s subsidiary in the Democratic Republic of Congo manages 3.5 million customer accounts with 81 branches

SA banks escalate digital push to gain market share

PwC identifies digital transformation as a primary driver of competitive advantage contributing to the financial sector’s balance sheets remaining strong in 2025.

Banking giant eyes African expansion as full-year profit rises 12%

The shift also coincides with the retreat of several European and French banks from parts of the continent, creating space that regional lenders are moving quickly to fill.

Bad news for South Africa’s new bank taking on Capitec

OM Bank has recorded significant customer growth since its soft launch in August 2025, with its parent reporting that it is signing up 3,000 new customers each business day.

Cheapest bank accounts in South Africa – Absa vs Capitec vs FNB vs Nedbank vs Standard Bank

To determine the true cost of banking, Solidarity adopts a “basket of transactions” approach instead of merely comparing basic monthly administration fees.

Standard Bank invests R1 billion to enhance online banking for business clients

With over 140,000 businesses already onboarded onto the new system, the online banking platform supports business banking anytime, anywhere, and across devices.

Ghana’s banking sector strong but credit growth remains subdued – BoG Governor

“The extent to which changes in the policy rate translate into credit conditions for households and businesses is important,” Dr Asiama explained.

Zenith Bank targets affluent clients with new Visa Signature Card

The Visa Signature Card is designed for customers who frequently travel and make high-value transactions both locally and abroad.

African Women shift from seeking seats to building institutions, UBA panel says

It explored how women across Africa are reshaping leadership, innovation and business while creating sustainable economic and social impact.

BdM: Mandatory Bank Reserves Rose 20% in 2025 to $4.1 Billion

The statistical report does not provide explanations for this sharp growth in just one month.

New bank coming after Capitec already has 2,500 branches across South Africa

Pepkor received approval from South African authorities last year to establish a banking presence and bought a financial technology platform to support this expansion.

Big changes for debit orders in South Africa next month

The change has been confirmed by the South African Reserve Bank (SARB) and the Financial Sector Conduct Authority (FSCA).

Standard Chartered Bank Ghana named Best in Cash Management at Innovation & Excellence Awards

These services are delivered through digital platforms and automated systems designed to support treasury operations and optimise cash flow.

South African Absa Group expands presence on the continent

In Zambia, Absa is considering the possibility of participating in mining projects, including copper and rare earths.

Good news for FNB customers in South Africa

Last year, the department announced a new digital partnership model, which will allow FNB access to Home Affairs’ back-end systems for faster, more reliable processing for further reach.

Absa and Thunes team on digital remittances

With international remittances playing an increasingly critical role in supporting families, education, healthcare and small businesses, customers are demanding solutions that are intuitive, transparent and cost-effective.

How every R100 in tax you pay is spent in South Africa

As a result, spending in these social wage areas had to be reduced to fund debt servicing.

Absa Global Pay Launches, Promises Affordable Global Remittances

The alliance brings real‑time global money transfers, affordable and transparent pricing and a seamless mobile‑first experience

FirstBank makes home ownership possible for Nigerians with single-digit interest rate loan

In partnership with the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), FirstBank has unveiled a mortgage opportunity that could redefine access to housing finance in Nigeria.

Adrian Gore: Building a bank is harder than you think

The bank is well on track to reach – or surpass – its ambition of posting R3 billon in operating profit by the 2029 financial year (which starts in July 2028).

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