Managers of Wealth Africa

Barclays Africa Exit Looking Like Good Timing

Barclays investors can take comfort that the bank has cushion against further trouble in South Africa

Africa’s premier infrastructure investment bank

To demonstrate AFC’s investment journey to date, Iyahen says the organisation has invested in a number of infrastructure projects in Africa which include toll roads in South Africa.

Nedbank in "good shape" to deal with South Africa credit downgrade

S&P cut South Africa's credit rating to junk status on Monday, saying the dismissal by Zuma of a respected finance minister heralded a damaging policy shift.

Atlas Mara quits Moza quest as Barclays joins the fray

Moçambique Capitais tried and failed to raise the cash before a deadline of 23 March, but may still compete with other bidders in this latest phase.

World Bank plots $60bn war chest for Africa

Some of the money will be directed at regional initiatives, such as supporting refugees and their host communities.

Will Barclays Sell Zimbabwe Unit to First Merchant Bank?

Hence, Barclays' decision to divest stake in it has attracted significant interest among local and foreign investors.

Barclays in talks to sell Zimbabwe bank to Malawi's First Merchant Bank

Barclays Bank of Zimbabwe has a market capitalisation of US$60 million

China-led AIIB gives Brazil and South Africa extra year to join

Two of multilateral lender’s biggest members missed deadline to ratify entry

Mohamed El Kettani: “We want to contribute to the modernisation of capital markets in Cameroon”

Attijariwafa Bank, to make a modest contribution to the modernisation of capital markets in Cameroon

Kenya signs $800 million syndicated loans to plug widening budget deficit

President Uhuru Kenyatta, who faces re-election in August, has raised Kenya’s borrowing since taking power in April 2013.

Barclays Africa Debt Sale Misses Target as Banks Issue More

That compares with 2.15 billion rand of private placements at a spread of 400 basis points during the second half of last year

Time to shift focus from savings and loans

The need to now shift the focus to the capital market and investment banking.

Raising Funds for Non-bank Financial Institutions in Africa

In South Africa, the deepest and broadest market in Africa, NBFIs have been largely focused on borrowing from the domestic market.

CBK signals end to licensing freeze with nod for Dubai bank

The moratorium stopped the issuing of new permits, excluding mergers, takeovers and acquisitions.

Intra-Africa trade to boost economic growth: South African bank

Standard Bank also believes the continent should fight the negative perception which some potential investors have on Africa just like for other emerging markets.

Another solid year’s performance from Nedbank Corporate & Investment Banking’s Property Finance

Nedbank Corporate and Investment Banking delivered another year of strong performance

Revenue tumbles at SA’s six big banks

Banks struggled in countries where a low oil price had caused significant economic distress as well as where regulators had capped interest rates on loans

Standard Bank ‘ready to fight forex claims’

The investigation by the Competition Commission, which sought to prosecute 18 global and local banks for collusion among their currency traders to fix prices on rand to dollar trades

Standard Chartered Bank Ghana pre-tax profit up 279%

The effects of the above drivers resulted in increase of pre-tax profit by 279 per cent to GH¢346 million from GH¢91 million recorded in 2015

BoN takes control of SME Bank assets…launches investigation into potentially dubious investments

It had become alarmed at what it deemed possibly questionable investments in South Africa amounting to between N$181 million and N$196 million.