Managers of Wealth Africa

'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.

UBA Wins Social Infrastructure Deal of the Year

The award was announced at the Ai CEO, Infrastructure and Sovereign Investment Summit, in Cape Town, South Africa, recently.

Republic Bank to form holding company

The Republic Bank Group has announced its intention to form a holding company, to be called Republic Financial Holdings Limited

JPMorgan Extends Nigeria EM Index Decision on New Government

JPMorgan Chase & Co. extended a deadline to decide whether to remove Nigeria from its emerging market bond indexes tracked by more than $200 billion of funds

Barclays Africa CEO Talks Taking Capital Markets To The Next Level

Equally important is investment in Africa’s financial infrastructure

JPMorgan May Eject Nigeria from Key Bond Index by December

The international bank at the weekend, said it had extended the deadline to eject Africa’s biggest economy by another six months to take into account the arrival of President Muhammadu Buhari.

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