Managers of Wealth Africa

Barclays, StanChart Offers $70m Bailout Capital To SABMiller’s Zimbabwean Subsidiary

Barclays Bank and Standard Chartered are now offering $40 million and $30 million respectively to Delta Corporation.

World Bank grant to help attract energy investment for Southern Africa

The World Bank has approved a $20 million International Development Association grant to help generate international investment in large-scale sustainable energy projects in Southern Africa.

Diamond's Africa bank Atlas Mara says still on hunt for deals

Atlas Mara, the African investment vehicle of former Barclays boss Bob Diamond, said it remains on the lookout for acquisitions as part of its plan to build sub-Saharan Africa's leading bank.

The so-called BRICS group of nations is fast-tracking the establishment of its New Development Bank.

Brazil, Russia, India, China and South Africa are hoping the financial institution will rival global lenders the International Monetary Fund and the World Bank.

Vibrant capital market to close infrastructure gap

She made the observation in Accra at the weekend, when Izwe Loan Limited was listed on Ghana Stock Exchange (GSE) with GH¢ 80 million Medium Term Note.

Brics to speed up mega Asian bank’s formation

The five Brics nations agreed to speed up formation of a development bank and raised concerns over the pace of the global economic recovery.

China calls for swift movement on BRICS development bank

China on Saturday urged BRICS nations to speed up the creation of a development bank as an alternative to the Western-dominated global financial system.

‘Cautious approach’ drives fewer mergers

SA Has een a number of large mergers and acquisitions this year, but the economic pinch and fallout from African Bank’s failure have led firms to proceed with far more caution into doing deals.

Duffuor receives Lifetime Achievement Award in Banking and Finance

He is a Fellow of the Akuafo Hall, University of Ghana, and a Fellow of the Chartered Institute of Bankers.

Fikile Nkosi awarded best CEO

The most Innovative Workplace Wellness Programme Initiative was awarded to a company that initiated a creative and effective wellness campaign in the past 12 months.

GTBank’s product wins award

Explaining the rationale behind GTBank winning the award, Frost & Sullivan stated that the award is in recognition of the Bank’s efforts to offer robust value to SMEs in Nigeria.

Stanbic named best investment bank in Tanzania

Customers trust has also been part of the contributions to this success.” The CEO of Stanbic Bank Tanzania Ken Cockerill said.

Failed Mozambican deal hits SA firms

South African blue-chip companies have ended up on the wrong side of a soured R3.7-billion Mozambican port deal, including Esor Franki and law firm Bowman Gilfillan.

Duffuor receives Lifetime Achievement Award in Banking and Finance

The Banker, a publication by the Financial Times Limited, also adjudged Dr. Kwabena Duffuor Africa’s Finance Minister of the year 2011.

Namibia: Moneygram Extends Relationship With Standard Bank

MoneyGram's services are available at over 500 Standard Bank locations in South Africa and across 11 Southern and Eastern African countries.

Lenders from London to Qatar are hunting for African banks to buy

“There are still massive opportunities when it comes to consumers, because lots of Nigerian banks haven’t even cracked the ice yet,”

Tanzania: Stanbic Named Tanzania's Best Investment Bank

STANBIC Bank has been named the best investment bank in Tanzania by EMEA Finance, a prestigious magazine, for the year 2014, while its parent company Standard Bank has been named leading investment bank in Africa for the seventh consecutive year.

Dunn Loren Merrifield, Bags World Finance Banking Award

The award winning firm led in the investment company category in what was adjudged its consistent introduction of highly innovative investment products and services.

Banks get unreserved backing

The Reserve Bank has faith in the local financial sector but troubling factors lie beyond its control.

BNY Mellon Named Depositary by Trustco Group

The company's operations are organized along three segments: Insurance (long term, short term and mobile insurance); banking (student lending, banking and mortgage financing); and investments (property, education, media and transport).

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