Managers of Wealth Africa

New bank branches rolling out across South Africa

An analysis by MyBroadband in March 2026 showed that three of the country’s biggest banks — Absa, Nedbank, and Standard Bank — reduced their branch numbers and total branch space.

South Africa's Capitec leverages Wise Platform for international payments solutions

Capitec joins a growing list of banks tapping Wise Platform for international payments, including Malaysia's MBSB, Brazil's Nubank and the UK's Allica Bank.

IFC signs a $98 million facility with Citi in South Africa

IFC indicates that it has committed over $33 billion in local currency financing in 71 currencies over the past decade.

Good news for Capitec customers, and pain coming for grocery shoppers in South Africa

The rand was trading at 16.58 against the dollar, approximately 0.9% lower than its previous closing value.

Afreximbank Group delivers strong in results in 2025

The Group, the statement said funded strategic priorities areas such as manufacturing, infrastructure, food security and climate adaptation.

South Africans saying goodbye to bank cards

Some of these wallets are also available as payment methods on major online stores and subscription services, allowing users to quickly check out or consolidate multiple payments on a single platform.

Cross Switch Goes Live with Absa Pay to Enable Secure Bank-Authenticated Checkout

The go‑live with Absa Pay highlights Cross Switch’s ongoing commitment to interoperability, resilience, and streamlined connectivity with leading banks and payment schemes.

CBE, Addis Ababa Strike Deal to Digitise Accounts Across 600 Public Institutions

The arrangement covers 119 woredas and more than 600 public institutions, including schools and health facilities.

Top 10 Banks With the Cheapest Loans - CBK

The other banks in the top three were Standard Chartered Bank Kenya Limited (12.07%) and Stanbic Bank Kenya Limited (12.12%).

Good news for FNB customers in South Africa

The expansion of the pilot programme, which was launched by Home Affairs over a decade ago, gives banks greater control over the system.

Bank Zero partners with global payments processor

Link-up with Paymentology will enable fintechs, retailers, SMEs, and digital platforms to offer financial products through Mastercard card issuing.

A new low-cost bank launching in South Africa next year

Unlike traditional banks, Pepkor already has a strong presence in communities across the country.

Ecobank Ghana reports GH¢1.82billion profit for 2025

Total assets of the group stood at GH¢47.33 billion as at December 31, 2025, compared to GH¢46.00 billion in the prior year.

Ecobank Reports 194% Surge in Lending to Women-led Businesses

Women entrepreneurs play a vital role in Africa’s economies, creating jobs, supporting families and strengthening local value chains.

FirstBank backs ChessMasters 2026 to deepen youth development, financial inclusion

Unveiled in Lagos, the collaboration underscores the bank’s strategy to leverage education and sports as tools for talent development, inclusion, and long-term community impact.

From potential to performance: A snapshot of African banking

As tailwinds fade and competition intensifies, African banks can convert today’s momentum into durable growth for the industry.

More South African banks eye Kenya as next expansion frontier

At the heart of the move are new minimum capital requirements in Kenya, which are forcing smaller lenders to seek strategic partners or consolidation, creating a rare window for acquisitions.

Great news for Capitec customers in South Africa

The bank has now made Smart ID services available in every province in the country, giving it the widest reach across all banks.

New N100m loan scheme targets Nigerian micro-entrepreneurs

The facility targets the informal sector, where micro-entrepreneurs often struggle to secure capital due to stringent collateral requirements from larger banks.

GCB Bank records GH¢2.06bn profit for 2025

Total assets rose to approximately GH¢52.4 billion, while customer deposits climbed past GH¢41 billion, indicating sustained public confidence in the institution.

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