Managers of Wealth Africa

Mortgage firm enters Rwandan market, sets eyes on local bank

This is the first time that Kigali is hosting the African hub of a non-Rwandan financial group.

Business hope alive in Zim – Old Mutual

Annual inflation in Zimbabwe in January rose to 362,6% – the first increase in six months.

SouthBridge Investments announces an innovative joint venture with Charles Kié as a CEO

SBNA will act as a “permanent capital fund” aiming to attract investors who take a long-term view on Africa

Old Mutual SuperFund on COVID and ESG

Old Mutual SuperFund offers a range of pooled investment options to cater for the varying risk profiles and philosophies of participating employers and members, and allocations span active and passive strategies.

Mining Billionaire Patrice Motsepe Launches Manifesto To Run African Soccer

For the first time, a media-shy Motsepe expanded on his vision for African soccer’s future and articulated the potential policies

Free trade pact between Mauritius and India: a strategic opportunity to explore new horizons

Now that it is signed, it is a pivotal milestone in the long-standing relationship between the two countries as it is the very first trade agreement that India has signed with any country in Africa.

FBNInsurance, Firm Launch Health Insurance Product

FBNInsurance, said it wish to ride on its leadership position in Nigerian Life insurance market to deliver products that would help its customers enjoy the peace of mind that comes from managing the risks of everyday life through the introduction of a hea

Remittances hit record high of Sh30.5 billion for January

CBK Governor Patrick Njoroge said last month that the continued growth of remittances has been driven by financial innovations that have opened up more convenient channels for transactions.

Standard Chartered introduces COVID-19 support for entrepreneurs

Speaking on the project, the Head of Corporate Affairs, Brand and Marketing, Standard Chartered Bank Nigeria, Dayo Aderugbo, said, “It is with great pleasure that we launch the Youth Business International initiative in Nigeria today in collaboratio

Kenya plans debt fund to avoid biting cash crunch

Regulation 206 (1) of the Public Finance Management (PFM) Regulations 2015 allows Treasury secretary Ukur Yatani to create a “ Sinking Fund” for redemption of loans and government securities.

TymeBank gets R1.6 billion in foreign investment as it nears 3 million customers

Of the total investment of R1.6 billion, some R500 million has already been invested.

Growing Digital Divide in the Workplace is Forcing Employers to Rethink the Ways They Communicate with Employees

Due to COVID-19 precautions, many employers continue to limit or prohibit in-person workplace interactions among non-essential workers.

Why credit risk remains key concern in Kenyan markets

These two particular hotels and many others had one thing in common; they were subject to a credit event.

African Union to Set up Infrastructure Fund

The 55-nation AU is now turning to sovereign wealth funds, insurance and retirement funds in countries like South Africa, Angola, Nigeria Morocco, Egypt and Kenya, to raise the cash.

Insurance sector’s assets hit N1.82tn on recapitalisation deadline

According to the CBN report, the figure which stood at N1.26tn as of the end of 2018 rose to N1.61tn as of the end of 2019.

Turkey moving to become a major player in Africa

The coming to power of Erdogan’s Adalet ve Kalkınma Partisi and the rise of the pious and dynamic Anatolian bourgeoisie in business changed the scene.

February T-bond tap sale falls short of Sh18bn target

The underperformance came despite the market remaining liquid during the period of the sale.

HF eyes diaspora dollars in deal with Interswitch

"We are giving them an opportunity for real-time funds transfer from wherever they are directly into any HF account,” Robert Kibaara, HF Group CEO said Thursday.

Use banking ‘windows’ to kick-start Islamic finance in Ghana – Researcher

It could be the opening of Islamic finance windows in conventional banks for people who are interested.

Meet the Investor: Eunice Wambui, Capria Ventures

Capria’s sweet spot, Wambui said, is early-stage tech and tech-enabled businesses leveraging innovation to solve big and pressing needs in their local markets.

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