Managers of Wealth Africa

StanChart is Joint Lead Manager on Access Bank $500m 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.

Africa: Insuretech, On the Heels of a Fintech Boom, Heats Up in Africa

That spells an opening for new players.

Kenya tops world in China projects completion ahead of deadline

The findings are contained in a report titled Banking on the Belt and Road which covered 13,427 projects worth $843 billion (Ksh93.23 trillion) in 165 countries all funded by China over 18 years.

PSG Konsult keeps growing

Paid nearly R1.5bn in salaries and commission in the last six months.

How much money you would get under South Africa’s planned two-bucket retirement system

This system has the potential to triple pensioner income and should allow for early access of funds, the nation’s Actuarial Society said.

SA CEO Optimism Back to Pre-Pandemic Levels, KPMG Survey Shows

About 80% of the CEOs surveyed recognise that large corporations have the resources to help governments find solutions to pressing global challenges.

Stanbic IBTC Pensions Reiterates Commitment to Empowering Women

She emphasised the need for women to have a strong support system in order to get ahead in their careers.

S.Africa's Sanlam, Absa, combine asset management businesses

Clients of the combined business will benefit from a wider range of investment solutions, the joint statement continued, adding it would also see increased investment in research and technology.

Women in Africa: 15 women entrepreneurs from Mauritius announced as finalists in WIA 54 programme

Through this newly introduced initiative, WIA aims at supporting more than 10,000 women entrepreneurs and indirectly contributing to the creation of 100,000 jobs, by 2030.

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

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