Managers of Wealth Africa

Afreximbank awarded largest term loan to date

The African Export-Import Bank has announced the closing of the general syndication stage of its largest term loan facility to date worth approximately US$1bn.

West African Regulators Move to Improve Capital Markets

Capital market regulators in the West African sub region have come together to establish a mutually acceptable basis for cooperation and consultations to foster market integration in the region.

Long-serving Ramos expected to keep her job

Mr Jenkins’s predecessor, Bob Diamond, resigned three years ago over the Libor interest rate-rigging scandal.

Stellar aims high with new acquisition

The new-look company, Stellar Investment Holdings will still specialise in investment banking advisory services and corporate lending, but also have a potentially lucrative investment management arm via deal flows at SCP.

Exim Bank, FICCI mark Africa-India Partnership Day in Ivory Coast

Under ITEC, the Indian government extends fully paid scholarships to participants in developing countries for studying a diverse range of subjects.

'BRICS bank will play a major role, but much work lies ahead'

The New Development Bank will be operationalised at the Ufa summit.

Hope or hoopla for Brics's new bank

Leslie Maasdorp is on his way to Moscow to hammer out the details of the new Brics bank.

RMB eyes new opportunities in port, power infrastructure financing

Infrastructure is expected to boost the economy, and with such a large population scrambling for a handful of efficient services

BRICS $100 billion bank to be operational by end of 2015, South African named its vice president

The bank, which will be headquartered in Shanghai, is expected to have up to $100 billion in capital.

Suitcase Bankers on Charm Offensive in Africa as Debt Sales Slow

Standard Chartered Plc, Deutsche Bank AG and Citigroup Inc. are among those seeking to drum up deals to satiate investor demand for higher-yielding securities.

Doha Bank starts operations in SA

He added that the bank’s aim was to support bilateral trade between South Africa and Qatar, the broader United Arab Emirates and India, where Doha Bank has operations.

Suitcase Bankers on Charm Offensive in Africa as Debt Sales Slow

Bankers from London to Frankfurt and New York are on a charm offensive in Africa. Their goal: convincing governments to keep selling debt as first-half issuance slows from a five-year high.

Ex-Barclays CEO Has a Rival as Eyes Africa Bank Deals

Ex-Barclays Plc Chief Executive Officer has a rival: Spanish billionaire Alberto Cortina, who is building a banking presence in West Africa

France's Natixis to make Dubai capital markets hub for Mideast, Africa

More regional business to be booked from Dubai, not Paris - exec

EFG-Hermes says well-capitalised, east Africa of interest

He made the comments after launching EFG-Hermes Leasing, which aims to provide leasing services to large corporates and small and medium enterprises across Egypt.

Financial sector spotlight: Standard Bank: First chair of Equator Principles Association

The elected steering committee has the power and authority to manage and co-ordinate the administration, management and development

Effective opening of Societe Generale Togo

Societe Generale announces the effective opening of Societe Generale Togo.

African Export-Import Bank calls for mobilization of domestic resources to finance Africa’s development

Africa, he said, has a lot of financial resources which could go a long way

African Startups Still Hanging Onto Expensive Bank Loans

For a long time banks across Africa monopolized the lending business and dictated the terms of lending with high interest rates and huge collaterals that made it difficult for startups and small businesses to access financing.

BNP Paribas eases losses

French Bank BNP Paribas said on Tuesday that its South African subsidiary had eased its losses after raising both interest and fee income in the year to December last year.

Investment Banking