Managers of Wealth Africa

Government plans to use pension fund money for South African industrial policy projects

Of the R402 billion budgeted for transport and logistics, R93.1 billion is earmarked for the South African National Roads Agency (SANRAL).

Afreximbank wins mandate as sole financial advisor for South Africa's $1.7-billion Suiso Project

As financial advisor, ACMA’s role will involve leveraging its network and expertise to structure and mobilise the capital required for the project’s execution.

Africa elects its next 'super banker'

But Adesina's successor will immediately face a disrupted international economic environment, notably due to announcements from the US Trump administration.

Ramaphosa announces R240 billion investment haul

Ramaphosa spoke on the eve of the first anniversary of the formation of a 10-party coalition government started by the African National Congress after it lost its parliamentary majority in elections held last May.

Ecobank Group CEO Jeremy Awori Reaffirms Commitment to Ghana’s Growth Agenda During Official Visit

He also reaffirmed Ecobank’s commitment to being a trusted partner in Ghana’s national development journey.

Close call for interest rates in South Africa this week

This means that the rand itself isn’t strengthening; rather, it is the dollar that is weaker.

R466bn ‘hit’ as National Treasury lowers SA GDP forecast

‘This is the main contributor to the projected increase in the country’s debt-to-GDP ratio’ – DG Duncan Pieterse.

EU commits to northern Ghana growth with two new projects

The Better Farming project, funded by the Agence Française de Développement (AFD) and the EU, will be implemented by the Ministry of Food and Agriculture.

Pension assets on an upward trajectory

Nigeria’s total pension assets account for just 8.6% of Nigeria’s (FY 2024) GDP.

FPI surge precedes a subdued outlook

In Jan ’25, FPI inflows increased 50% m/m to USD1.9bn, making up c.90% of capital inflows and underscoring their significant role in supporting FX liquidity

M/m increase in FAAC distributions in May

The m/m rise was primarily driven by higher exchange rate gains

Early retirement planning made simple

This simple principle can significantly amplify retirement savings, leading to a more comfortable lifestyle when the time arrives.

Q LINK empowers South African businesses with a connected ecosystem of financial solutions

From payments, collections, payroll and HR automation to real-time account verification, and data-driven decisioning — Q LINK provides enterprise-grade tools that serve both large corporates and growing SMEs.

11 Kenyan Companies Ranked Among East Africa’s Top 20 [List]

The funds are meant to partly go towards switching its energy use from diesel to renewables, reinforcing its commitment to green business.

Over 66 million Africans Gain Digital Access Owing to African Development Bank Infrastructure Push

The achievement comes as Africa faces a critical digital divide— only 12 percent of rural areas have access to digital connectivity—that has hindered economic development and access to essential services.

Stanlib commits R250m to SME funder

Transaction comes after detailed assessment of Prefcap’s lending model, risk management approach, and growth record.

Economic strain: Inflation surges above 30% in Abuja, 10 states

The NBS report read, “The Consumer Price Index rose to 119.52 in April 2025, reflecting a 2.18-point increase from the preceding month."

Afreximbank launches $1b Africa Film Fund to transform creative industry

The Fund will play a pivotal role in promoting the production and global distribution of high-quality films and TV series

South Africa takes a hit

This came after the announcement of US punitive import tariffs, marking the beginning of a developing trade war leading to daily volatility, plummeting markets, and slashed global growth forecasts.

World Bank, Nigerian Govt disagree on 2025 budget assumptions

The global bank, despite the challenges and the rising cost of living in the country, urged the Federal Government to stay on course in the implementation of its economic reforms.

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