Managers of Wealth Africa

CBN projects three per cent GDP growth

Reflective of the confidence in its payment system, he said, between 2015 and 2020, close to $500m worth of funds had been invested in firms run by Nigerian founders.

MUFG partners with Invest Africa, the leading trade and investment platform, to support Africa's sustainable recovery

It has been estimated that the pandemic has pushed up to 40 million people in Sub-Saharan Africa into extreme poverty with limited to vaccines undermining a return to growth.

Montfort Group enters East African market by acquiring Kencor Petroleum Limited in Kenya

This acquisition marks Montfort's strategic entry into East Africa, one of Africa's major markets

Africa Finance Corporation Plans $500 Million Infrastructure Climate Resilient Fund under newly created asset management division, AFC Capital Partners

AFC Capital Partners will enhance our firepower in driving integrated infrastructure solutions that are core to Africa’s development in the post-Covid era

Silverstreet Capital achieves attractive returns fixing African agricultural value chains

Supply chain issues continue to mar the African agricultural sector not only because of an increase in demand as the continent’s population grows but also because of weaknesses in the supply chain.

Africa Finance Corporation Plans $500 Million Infrastructure Climate Resilient Fund under newly created asset management division, AFC Capital Partners

The ICRF will act as a direct investor and a co-investment fund to enhance the quality of African ports, roads, bridges, rail, telecommunications, clean energy, and logistics in the face of rising temperatures and sea levels due to climate change.

Renaissance Capital holds its 12th Annual Pan-Africa Investor Conference, featuring a specialist Nigeria Tech / Fintech Day

The conference proceeded with a panel discussion on ‘Navigating an economic recovery amid a pandemic’ with Tobias Rasmussen, Resident Representative in Kenya, IMF, and Dr Hassan Mahmud, Director, Monetary Policy Department, Central Bank of Nig

3 retirement and pension changes South Africans should keep an eye on: economist

While the proposal was always likely to be a non-starter, Schultz said it magnifies the ongoing debate and disagreement on this matter within cabinet.

UNDP Africa Business Map

Asoko Insight and the United Nations Development Programme (UNDP) invite your company to the Africa Business Map, where we discover the continent's best corporate contributors to the SDGs.

Mozambique Seeks New National and Foreign Investors in Multiple Sectors

InsurTech Marshmallow has raised $85m as part of its Series B funding round – making it the UK’s latest tech unicorn.

African Real Estate Sector Sees Winds of Change For 2023

The businessman doesn’t stop there.

Sanlam 2021 Interim Results

Sanlam reports strong 2021 interim results.

R22bn and counting as Sanlam breaks death claim records

In the first wave, we had a lot of retail mass [low-income market] that was impacted.

Double-digit growth for SA asset management industry

This is compared to a historical average of from 1-2% over the previous decade.

Diamond Rebound Rolls On as De Beers Reports Another Bumper Sale

De Beers sold $515 million of diamonds at latest sale

Buying property in these countries gives you a foreign passport

Several countries offer South Africans the possibility of acquiring foreign passports through the purchase of real estate.

Equity investor injects $75m investment into Ecobank

“Indeed, in addition to improving our double leverage ratio, it is also a good boost for the firm and its staff.”

MCB invests in OrgaEarth

Okan intervened as the sole financial advisor to OrgaEarth on this transaction, with Amaury de Féligonde (Managing Partner), Hicham Alaoui (Manager) and Hubert Vermeren (Associate).

Arise B.V. makes US$75 million perpetual non-cumulative AT1 capital investment in Ecobank Transnational Incorporated

The investment by Arise, a leading equity investor in financial institutions in Sub-Saharan Africa and one of ETI’s existing major institutional shareholders

Stanbic IBTC Holdings Announces 50.1% Drop in Profit, Declares N1.00 Interim Dividend

From the profit & loss figures, the group gross earnings dropped by 26 per cent to N93.59billion in H1 2021 from N126.57billion in H1 2020.

Alternative Investments