Managers of Wealth Africa

Capitec coming after rich South Africans

The bank’s customer base grew by 7% in the 2026 financial year, reaching 25.8 million active clients.

Kenyan banks project surge in bad loans on impact of geopolitical tensions

The Treasury Cabinet Secretary has been granted the latitude to extend the period for a further 90 days depending on the prevailing fuel

Fitch Downgrades Mozambique’s Rating to ‘CC’ from ‘CCC’, Worsening Credit Risk Perception

The agency explained that it typically does not assign outlooks to countries rated ‘CCC+’ or below, and confirmed that the full list of rating actions is included in its report, in line with standard credit rating agency disclosure rules.

Equity named overall best bank in Kenya at 2026 Think Business Banking Awards

The Bank’s dominance was reflected in its performance across categories, where it emerged top in 10 categories and ranked second in two others.

UBA Grows Customers’ Deposits by 12% in FY2025

The significant deposit growth reflects strong brand loyalty across key African markets where UBA holds sway.

Ethiopia’s largest private bank makes historic debut on the Ethiopian Securities Exchange

A major milestone for Ethiopia’s financial sector liberalisation

Africa’s most valuable bank confirms global expansion as loan disbursements hit $5.3bn

South Africa’s largest bank by market capitalisation, Capitec, is preparing for an eventual international expansion, although executives stress the strategy remains at a very early stage.

Nigeria: Providus Bank expands in Ado-Ekiti, reaffirms financial strength

Ojuroye also reassured that Providus Bank remains on solid ground, backed by disciplined capital

Capitec Bank Reports Record Earnings and Dividend Growth

Capitec Posts Record Profit and Dividend as Growth Accelerates

Nedbank and Mastercard expand payments partnership

Under the agreement, Nedbank will adopt Mastercard’s technology and infrastructure to accelerate growth across retail banking, small business services and commercial banking.

Don’t waste concessional loans, World Bank programme coordinator warns states

The HOPE Governance Programme is designed to strengthen institutional frameworks in basic education and primary healthcare delivery, with a focus on improving service outcomes at the state level.

Standard Bank data breach fallout deepens

A limited set of client credit card details, including card numbers and expiry dates, was previously confirmed as affected. CVV numbers were not compromised.

Banking the economy that actually exists

As Union Bank enters its 109th year, the inclusion question is not peripheral to its institutional story. It is central to it.

Africa’s corporate banking push hits integration headaches

Africa’s banks have made significant strides in rolling out sophisticated digital platforms for corporate clients.

Great news for Capitec customers in South Africa with banking apps on their phones

The bank has been slowly rolling out this safety feature since 2025 as part of an ongoing investment in proactive fraud prevention, aimed at analysing payments in real time to intervene.

Ranking of West Africa’s largest banks: Access, First Bank of Nigeria, Zenith lead the way

Nigeria remains the banking benchmark in West Africa, with five banks occupying the top five spots in our exclusive ranking, and nine featuring in the top 20 by balance sheet size.

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.

Retail Banking