Managers of Wealth Africa

Kenya: Equity Group Ranked the Fifth Strongest Banking Brand in the World

Overall, Equity was ranked position 338 overall among the top 500 banking brands.

Zenith Bank, GTBank Leads Market Capitalisation In Nigeria

Nigerian banking sector stocks continue to be among the most actively traded on the Nigerian Exchange, influencing the performance of the broader market.

Michael Jordaan on how Bank Zero has transformed the South African banking industry

In this Business Talk interview, Jordaan discusses how Bank Zero makes money considering that nearly all the transactions Bank Zero customers make are free.

Ecobank Cape Verde, official sponsor of the Cape Verde pavilion at Expo 2020 Dubai

Through its presence at the Expo, Ecobank Cape Verde aims to help attract foreign direct investment and investors in key sectors such as tourism, ICT, finance and infrastructure.

Standard Bank named Africa’s most valuable banking brand

The brand valuation consultancy Brand Finance tests the 5 000 biggest brands to the test every year and publishes nearly 100 reports, ranking brands across all sectors and countries.

Access emerges as most valuable banking brand in Nigeria

Every year, Brand Finance puts 5,000 of the biggest brands to the test and publishes nearly 100 reports, ranking brands across all sectors and countries.

Capitec takes local PMO of the Year award, PSG named runner-up

“Our local PMOs are growing and evolving on an annual basis, and our judges have confirmed that the 2021 participants proved themselves to be innovative"

Banks record ¢7.4bn profit before tax in 2021

But operating costs increased by 14.2%, higher than the 8.2% per cent growth for the same period in 2020.

Tanzania's large banks shared Sh715 billion net profit

A breakdown of how the ten lenders shared the Sh715 billion net profit shows that NMB Bank got Sh289 billion while CRDB Bank Plc bagged Sh267.56 billion.

Ecobank delivers massive spike in PAT by 324% to N143 billion in 2021

On the back of continuous adoption of digital banking services as well as innovation, the bank rebound in 2021 delivering a huge gross earning which increased by 13% to hit N952 billion and a revenue increase by 11% to N712 billion.

Equity Bank Quietly Releases Equity Mobile, Could Probably Replace Eazzy Banking App

They can then transact, and even do much more. New customers can also open an account solely through the app.

Tanzanian Payments FinTech NALA Raises $10M

That company — now a super app — began life providing fee-free currency exchange, peer-to-peer payments and multi-currency bank accounts.

Absa Bank launches new campaign

It said the bank’s significance in Ghana’s economy has been a constant feature in the country’s developmental journey for more than a century.

Politics of the banking room

On a salutary note, it is on record that the new chair taintlessly journeyed through his career in the apex bank.

International Finance Corporation to extend $15m loan to GTBank

The IFC loan will help the Bank meet the working capital and trade-related needs of businesses, especially SMEs that are part of our core clientele.

In Terms of Profitability, 2022 Will be a Big Year for Access Bank—Wigwe

Mr Wigwe stated that the acquisition of several banks across Africa, especially in the southern part, did not just happen as it was deliberately planned for years.

Suma Rural Bank bounces back to profit ways

The Suma Rural Bank in the Jaman North Municipality has recorded a profit before tax of GH¢92,847 in 2020.

Upstarts jolt South Africa’s banking industry

TymeBank, backed by billionaire Patrice Motsepe, is able to process a set of 25 transactions at a cost almost 85% less than the traditional banks, the report found.

Baobab Microfinance Bank Launches New App to Boost Mobile Banking

Baobab Microfinance Bank has continued to invest in technology to create value for customers

‘Ecobank’s PAPSS to support intra-African trade’

This is huge because we could be talking about $300 billion intra African trade close to 15 per cent of Africa Gross Domestic Product (GDP). Besides

Retail Banking