Managers of Wealth Africa

FirstRand follows peers,taps Asia for $250m

FirstRand Bank has begun syndication of a $250m loan, aimed at Asian lenders.

Attijariwafa Bank and Japanese giant Sumitomo Corporation team up to expand their footprints in Africa

It is an opportunity for both our groups to work together in Africa.

HSBC joins exodus from PR firm Bell Pottinger, that secretly tried to stir racial tensions in South Africa

‘We have used Bell Pottinger for specific projects in the past but will not be doing so in the future’

Stanbic IBTC leads Nigeria’s capital inflows with US$590m in 6 months

The trio of Stanbic IBTC, Citibank Nigeria and Standard Chartered Bank accounted for 70.7 percent or $1,267.8 million of the total $1.792 billion capital importation during the quarter

Sound management key to gaining investor interest: In Conversation – Karim Award, Group CEO , EFG Hermes

In 2015, the bank also advised Al Futtaim group, the UAE’s biggest car dealer, in the acquisition of Kenya’s CMC group.

Cameroon: Financing Major Infrastructure Projects - Five African Nations Join New Asian Development Bank

AIIB will soon carry out its first investments in Africa with 11 solar power projects in Egypt," Sir Alexander disclosed.

New BRICS bank plans $1.5 billion lending for South African projects

The bank, headquartered in Shanghai, officially opened its African regional centre in Johannesburg on Thursday which will identify projects that it can fund.

RMB wins African Banker Investment Bank of the Year award

RMB’s presence in 12 African countries has enabled an extensive deal footprint across more than 35 African countries

Barclays Africa CEO joins the Group of Thirty

Other well-known members of this group include Ben Bernanke, the former chairman of the board of governors of the Federal Reserve System

Societe Generale woos customers with 'Aben Wo Ha' promo

The ‘Aben Wo Ha’, Mr. Marchal says, is “the biggest and most exciting promotion the bank has offered in a long time”, therefore, customers must grab the opportunity and grow their balances as they stand the chance of winning exciti

Afreximbank opens shareholding to Investors in Africa

This represents the first time a supranational bank is issuing Depositary Receipts through an African stock exchange.

Ecobank Transnational finds its footing on GSE

The trivial laggards were GCB Bank Limited ascribed as the second largest bank in Ghana by net profit and total assets lost 0.2 per cent

South Africa's Standard Bank Said To Prep New Prime Brokerage Unit

AUM among SA-based hedge funds has almost doubled between 2013 and the end of last year.

Barclays’ drops Nigerian international banking clients with less than £100,000

Why should I close down my account just because I am no longer in the UK?

Standard Bank Namibia sees growing ties with Chinese businesses

This union also allows for the Chinese community to transact in renminbi

Farewell Piet Badenhorst: Man who created Absa has died in Australia

His vision was to see building societies progress from mutual institutions – the “Cinderallas of banking” – to fully fledged commercial banks.

Ghana's railways, energy sectors entice investors at UK-Ghana forum

A number of specific investment sectors including railways, energy and infrastructure were discussed at the forum.

Bahrain's Al Baraka Banking Group and the Libyan Foreign Bank sign a memorandum of understanding to enhance their banking relations in all fields

The MoU was signed by Mr. Adnan Ahmed Yousif, President & Chief Executive of ABG and Chairman of Al Baraka Türk Participation Bank on behalf of Al Baraka Banking Group and Mr. Mohamed Mohamed A. Ben Yousef, General Manager of LFB on behalf of the

BoG debunks GCB, NIB merger

The point is that GCB is listed.

Egypt investment bank gets brokerage licence

The licensing of EFG will bring the total number of authorised market intermediaries in Kenya to 25.

Investment Banking