Managers of Wealth Africa

Jubilee plans expansion of life, medical business after Allianz deal

Shareholders have already voted to approve the proposed deal with Allianz.

Kenyans’ long-term savings fall to Sh1.4trn as Covid bites

Fixed deposits accounts hold cash for a specified period of time and cannot be freely withdrawn until the end of the set period, with those breaking the fixed deposit liable to pay a penalty or earn lower interest.

Ovamba & Singularity launch TradeTech partnership in Egypt

Singularity are the first to sign a Reseller Agreement with Ovamba in the region

Liberians in U.S. Launch Investment Group to Invest in Liberia's Health, Real Estate, and Agriculture Sector

The company creates a portfolio of investment choices that can transcend generations and contribute to the general welfare of Liberia and similar communities internationally.

AfDB to focus on investing in Africa's women

The AfDB cited data showing that gender inequality in the labour market costs sub-Saharan Africa $95 million each year.

Analysts Project Nigerian Banks to Emerge Highest AfCTA Beneficiarie

They added that with the increase in trade that would spur economic activities and increased lending, many banks are already in a liquid position to take advantage of AfCTA.

Africa: AfCFTA - How Intellectual Property Rights Can Help Create Jobs

The Agreement covers trade in goods and services, investment, intellectual property rights and competition policy.

Angolan Legal Reform Shows How Africa Can Use Oil and Gas as a Springboard Towards Job Creation — But Only if It Looks Beyond the Obvious Options (By NJ Ayuk)

Africans already know that focusing on oil exports doesn’t yield the best results.

Dominica’s Secret Bay sees 2020 spike in enquiries from African families seeking second citizenship

With CBI programmes like this, Africans now have access to the luxury of a Golden Passport or Plan B.

Gold-backed ETF at Nairobi bourse gets global rally boost

The ETF was listed in June 2017, at Sh1,150 per unit.

Primrose Investments purchases 20 million shares of FCMB

A notice of insiders dealing on shares filed by Olufunmilayo Adedibu Mrs, Company Secretary said the transaction took place on 31st December 2020.

World Bank tips fragile recovery for MENA in 2021

Growth should also accelerate to 1.5 per cent in Iran thanks to the recovery of domestic consumption and tourism and the mitigation of the effects of COVID-19.

Prudential Zenith Life exceeds recapitalisation benchmark

With this, the firm is poised to emerge stronger with greater capacity to serve our esteemed customers and continue to grow the business.

Zim to Unlock Insurance Against Extreme Weather Risk

"Zimbabwe is committed to participate in the 2020/21 ARC programme," said the Treasury.

Unlocking infrastructural devt with N11.56tr pension assets

The NSIA boss had clarified that infrastructure finance is an investment opportunity for pension fund managers to take part in.

Safaricom share price hits record high after end of M-Pesa waiver

The rise in Safaricom, which accounted for about 58.97 per cent of the market wealth, helped push up the NSE’s capitalisation above Sh2.31 trillion — levels last seen in March.

US agency to invest billions in Africa

The project’s impact is expected to create a new private telecommunications network that will increase connectivity in Ethiopia while utilising trusted technology.

Mwalimu Sacco edges Merali out of Spire Bank, begins search for strategic investor

This now allows onboarding of a strategic investor to inject funds to ensure regulatory compliance and execution of business growth strategies already developed.

Nigeria Development Bank Gets $1 Billion Loan to Help Businesses

Nigeria’s central bank has provided a full guaranty on the facility and a 100% currency swap to cover foreign exchange risks, according to the development bank.

Pension investments are insured, says Access PFC MD

She noted that knowledge sharing and information dissemination is important to the industry’s growth.

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