Managers of Wealth Africa

Africa-dedicated private equity firm raises $900m

DPI will look to invest in companies benefiting from continent’s emerging middle class

Godongwana’s ‘wish list’ of urgent fixes to make South Africa more appealing to businesses and investors

Specifically, our recovery plan calls for the mobilization of both public and private sector investment to drive an infrastructure-led recovery,” he said.

Access Bank Issues Additional $500m Eurobond

It added: “The Eurobond may be called anytime from October 7, 2026, subject to conditions including the Central Bank of Nigeria’s approval.”

Capitec goes after Discovery with its own ‘behavioural banking’ model in South Africa

Initially launched in July 2021, the programme already has 2.2 million active clients and R55.6 million in savings to date.

In full boom: Investec Property Fund has big plans for Europe

The Fund has 90 properties in SA worth R15.2 billion as well as a 35% stake in a black-owned property company, Izandla.

Sovereign sukuk issuances will help develop Islamic banking in Africa

Low levels of savings, limited awareness are constraints in growth, says Moody's

Network International completes acquisition of DPO Group

Company to become the fastest-growing payments company in the Middle East and Africa

Relief funding of over R1bn already approved for unrest-hit firms – Patel

Over half of which has already been paid out.

AfCFTA receives boost as cross-border payment system takes off

PAPSS will serve as a continent-wide platform for the processing, clearing and settling of intra-African trade and commerce.

Standard Chartered Bank acts as Joint Lead Manager ‘JLM’ on Access Bank Plc. US$500 million Senior Eurobond

The net proceeds of the Eurobond will provide medium term funding and help to enhance the capacity of the Bank to support its general banking purposes.

Ethos Capital confident investees have responded well to Covid-19

The company says the pandemic has demonstrated the benefits of the active management approach of private equity

King Oyanka solidifies development partnerships from six countries

This gesture enabled a multi-phase cryptobank and several other websites geared toward this goal that were created by Nii Adama Djata to be moved into a geographical territory

OPEC Fund loan to MCB to promote international trade in Mauritius and sub-Saharan Africa

The proceeds of this syndicated facility will be used for general corporate purposes, refinancing and trade finance. This transaction marks the OPEC Fund's first cooperation with MCB

Zimbabwean Diamonds Producer Expands Into Botswana

This resulted in the formation of Katanga Mining Private Limited.

Top Coronation fund manager quit after inquiry found he profited from 'pricing inefficiency'

Adrian Zetler was co-manager of the Coronation Balanced Plus Fund, Coronation Industrial Fund and Coronation Equity Fund.

Stanbic IBTC Tasks Nigerians On Smart Investment

“The event has not only enlightened us about the benefits of investing, but it has also provided veritable investment options through which we can build our wealth over the years.”

TrustBanc Closes Third Tranche of N10 bn Debt Issue

UCML Capital Limited, United Capital Plc and Emerging Africa Group, acted as dealers on the transaction.

ABSA Advocates Social Investment Plan from Oil and Gas proceeds

He advised that considering the overt contribution of the oil and gas sector to the African economy, a strategic approach to the adoption of cleaner energy is advisable.

SA needs more investment, but govt's bucket has holes in it - Nedbank chief economist

Weimar explained that economic growth usually comes from four sources of demand, namely consumer spending (about 60% of SA's GDP), fixed investment, government spending and exports.

Access Bank Plc Successfully Launches $500m Senior Unsecured Eurobond With Record Oversubscription

The net proceeds of the Eurobond will provide medium term funding and help to enhance the capacity of the Bank to support its general banking purposes.

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