Managers of Wealth Africa

FG lists N4bn savings bonds on NGX

The first tranche is the 16.121 per cent FGS JUN 2027 bond, with a tenor of two years.

Zimbabwe hopes to service external debt

Zimbabwe wants to restructure its $21 billion debt, of which around $12.3 billion is owed to external creditors

Everest Wealth’s 65% hedge fund return: Too good to be true?

Alternative fund manager markets unregistered ‘in development’ hedge fund.

EFG Hermes advises on the signing of landmark $190mln investment in Alameda Healthcare by DPI

This transaction marks Egypt’s largest private equity healthcare investment to date, reinforcing investor confidence in backing fast-growing platforms in Egypt

Another bleak year as South Africa’s growth prospects cut in half

South Africa’s Treasury in May trimmed its growth forecast for the year to 1.4% from a prior 1.9%

Kenya looks to privatise state assets to draw private-sector investments, says President Ruto

Kenya is planning to privatise some state assets via initial public offerings in order to bring in more private sector investment, President William Ruto said in remarks at the London Stock Exchange on Wednesday.

South Africa's Nedbank Considers Selling Stake in Ecobank Group

Nedbank became ETI’s largest shareholder in 2008 through a $500 million investment and later formalized the partnership in 2014

Access Bank committed to unlocking Africa’s vast trade potential

This enables us to foster cross-border trade, offer tailored financial solutions, and stimulate job creation

Dr. Forson urges for right policies, investment for Africa’s integration

Dr. Ato Forson noted that Africa has for decades, weathered the storms of economic shocks, health crisis, climate disruptions, political uncertainties and global market shifts, and it was important to follow its own compass of development.

Are you employed if you work an hour a week? Stats SA says yes

The unemployment rate depends on your definition of employment …

Equity market loses N308bn as bullish run halts

Market activity showed mixed performance, with a total of 892.97 million shares valued at N18.23bn exchanged in 25,375 deals.

Another 140 businesses shut their doors in South Africa

Stats SA said that the liquidations of companies increased by 12 cases and the liquidations of close corporations increased by 4 cases during this period.

SARS is getting ready to nail these businesses in South Africa

South African businesses were caught in a storm of confusion between March and May as politicians sowed chaos around a VAT increase in 2025.

Leveraging African capital for African needs

Global banking regulations, which were tightened in the wake of the 2008 global financial crisis, further constrain Africa’s access to finance.

Ghana pushes energy efficiency and green innovation through strategic public-private partnerships

The Director said the Ministry was focusing on building energy-efficient facilities, streamlining regulatory frameworks, and cutting down on transmission losses to make power more accessible and affordable.

Gupta mansions up for auction in South Africa

Confident Concept has been involved in two major legal fights: business rescue proceedings following financial distress and disputes over property development with municipal authorities.

Two-pot payouts surge to R57bn, with 4m withdrawals

While R15bn has been collected in taxes.

Global markets navigate conflict, oil, and central bank limbo

Geopolitical shocks are not always economically catastrophic, but they do demand vigilance.

Joy for landlords in South Africa

The report noted that only three provinces saw slightly slower rental growth compared to Q4 2024, and in two of those cases, growth still exceeded the national average.

FCMB assures shareholders of dividend amid CBN directive

This was disclosed in a statement signed by the company secretary, Funmi Adedibu, on Monday.

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