Managers of Wealth Africa

EIB invests 92m euros in Zambia

The EIB is the largest multilateral borrower and lender in the world and is active in 160 countries

South Africa: Eskom Signs Agreement With China Development Bank

With the signing of the loan facility, Eskom can continue to focus on empowering its people through build site projects such as Medupi and Kusile power stations.

Capital markets hold local banks together despite stringent global regulation

That means a change of business for the South African Reserve Bank, accustomed to dealing with dominant shareholders such as Barclays plc on matters relating to banking stability and governance.

Mauritius rides wave of Asian investment in Africa

Mauritius has a wonderful opportunity to act as a conduit to spur the growth of the African continent

FNB scoops awards for digital platforms

FNB Banking App was awarded the 2016 Best in Customer Experience Award

Africa: Rabobank cuts reg risk in new venture

Regional stakes join FMO and Norfund assets; indirect, lower ownership reduces liability.

GHIB to Expand Operations into East Africa

Mr. Franklin Belnye, an Advisor to the Governor of the central bank, said “banks play a key role in international trade by providing the finance which is vital to the process”.

South Africa's Capitec Bank cuts back lending to poorer workers

We have limited credit extension to lower income earners

Zimbabwe Banking Crisis

Zimbabwe relies on correspondent banks for both international payments and cash

Afrexim Bank partners with Arik to promote intra-African trade

It could be up to $200 million, adding that the Nigerian carrier was in dire need of expanding its operations.

Futuregrowth Standoff With South African State-Owned Firms Thaws

The Land Bank was one of six state-owned companies that Futuregrowth said last month it would stop funding due to concerns about how they are being run

Kibo Hires Barclays Africa As Advisor In Exchange For Share Options (ALLISS)

The exercise date for the options will be no earlier than 18 months after completion and commissioning of the project

Bob Diamond keeps Barclays Africa in his sights

He had confirmed earlier that the consortium comprised Atlas Merchant Capital.

Credit Suisse Appoints Asset Management Heads for Americas and EMEA

Credit Suisse has added Bill Johnson and Michel Degen in two key AM roles

AfDB Mobilizes $1.4 Billion for Senegal’s Development

The new strategy is aligned with Senegal’s development strategy, the Emerging Senegal Plan

Afreximbank closes $300 million China Exim-backed loan

This syndicated facility helps position Afreximbank to strengthen its role in the development of trade between Africa and the rest of the world, in particular China and the rest of the Far East,

Stanbic Bank Uganda exceeds fund raising for lending

The bank’s lead arrangers included Al Ahli Bank of Kuwait K.S.C.P, Bank of Baroda, SBM Bank (Mauritius) Ltd, and The Commercial Bank (Q.S.C), while Emirates NBD Capital Limited was designated bookrunner for the deal

Barclays finds it hard to get out of Africa

A bid by Barclays' former CEO to mount a joint bid with the Carlyle Group for the bank's African business has stumbled

Ahmedabad to host African Development Bank meet next year

A MoU was signed between GoI and AfDB today regarding the holding of the Annual Meetings.

Stanbic Bank Commences Operations in Côte d’Ivoire

Stanbic Bank Côte d’Ivoire will provide the same high quality Corporate and Investment Banking products; advice; and service experience