Managers of Wealth Africa

Absa and partners raise billions for Ascendis

The purchase consideration of ZAR7.9 billion required both a debt and an equity capital raise and Ascendis consequently appointed Absa CIB to act as Joint Global Coordinator

AIIB expects to support African industrialization in cooperation with UNIDO

Although AIIB mainly focuses on the development of Asia, but African seems to be an attractive continent for its investment.

Forex crisis: Fitch downgrades 10 Nigerian banks

Fitch takes the view that support, if ever required by the banks, cannot be relied upon.

Standard Bank awards top estate agents

The Windhoek-based estate agents' community convened at a local hotel on 12 November for the annual event

Barak and Idbar Bank launch sharia trade finance fund

Barak Fund Management writes on its website that it has decided to go ahead with the new fund “after some consideration over the past few years

AfDB and GEF confirm commitments in Africa

He emphasised that, in Africa, urbanisation would increase exponentially over the coming decades.

Standard Bank to create ‘African Economic Forum’

Bank wants to facilitate intra-African trade and business opportunities

Stanbic named Best Investment bank

Standard Bank has delivered a number of transformative deals, reflecting the bank’s commitment to driving growth on the continent that it calls home.

Absa RainFin part ways

The announcement comes as a surprise.

World Bank disburses $7 billion to Nigeria

Statistics obtained from the bank’s web portal also showed that its current portfolio in Nigeria stood at $8.billion.

Standard Bank launches UCount for business – here’s how it works

It allows SME owners access to a number of benefits including card rewards, fuel rewards, retailer rewards and travel rewards.

Zimbabwe banks scramble to get out of crisis

Zimbabwe’s central bank is carrying out a public awareness campaign ahead of the introduction of local bond notes

First Bank launches FirstGem for women

With FirstGem, female customers can access support funds for their financial wellbeing

Africa’s Biggest Lender Commits $2B To China This Year

The accountancy and finance group looked at the role financing can play in economic development across Africa

Kenyan Banks turn to digital banking amidst layoffs

According to management, the decision was made early this year with the bank planning to pursue a digital strategy

Fidelity Bank grows deposits to N795.6b in nine months

Fidelity Bank Plc performance was indeed reflective of the recessionary environment

In recession, Nigeria looks to SMEs

New Development Bank of Nigeria would specifically focus on small businesses

How Middle East countries are becoming more efficient at doing business

As the region’s macroeconomic headwinds continue owing to low oil prices and slower investment activity, business environment improvements are essential to maintain competitiveness.

Standard Chartered Bank Freeze Accounts Of UPND Spokesperson

He also told me that according to their search, I was also a spokesman for an opposition political party.

Diamond Bank records growth in Q3 2016

Diamond Bank recorded moderate growth in key financial parameters

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