Managers of Wealth Africa

African Development Bank Group Welcomes OPEC Fund and TDB Group into Alliance for Special Agro-Industrial Processing Zones

By joining the Alliance, the OPEC Fund and TDB Group will work with existing members to mobilise blended finance and catalytic capital for SAPZ development

15 states budget N10.7tn for infrastructure

The ultimate effect will hinge on how efficiently and promptly these allocations are executed.

Lagos, Abuja rents surge 20% yearly in housing strain

Most urban Nigerians are renters, and the sector is in crisis, with the widespread demand for one to two years’ rent upfront posing a major barrier for households.

Afreximbank backs Levene Energy with $64mln for Axxela deal

The facility supports Levene Energy’s equity commitment to Bluecore Gas Infraco enabling the acquisition of a 30 per cent equity stake in Axxela

The African Development Bank launches a GBP 1 billion 3.750% Global Benchmark due January 2029

The new GBP Jan-2029 benchmark strategically extends AfDB’s GBP curve and attracted significant interest from a broad range of domestic and international investors.

Bank of Mozambique Records Sovereign Fund Growth to $116 Million

At the end of December, the fund’s value stood at $110.1 million, rising to the current $116.41 million with the additional $6.1 million contribution from the State.

Ghana’s inflation down to 5.4% in December 2025

This result is significant because inflation has now declined for 12 consecutive months.

Enhancing post-retirement income with discretionary solutions

This translates to greater freedom in how these savings can be invested and withdrawn.

Rand goes from zero to hero in a year

That’s pushed the rand to overbought levels, according to the Relative Strength Index, a technical indicator that some traders use to identify potential turning points.

Absa Bank Ghana strengthens SME growth through MTN–NOVA Mini-MBA partnership

The programme supported 50 SME owners through a structured business development journey combining academic rigour with practical application.

Afrinvest’s Digital Platform, Optimus, Rebrands as PlutusNeo

Since launch, it has become a trusted channel for Nigerians seeking professionally managed investment solutions, supported by Afrinvest’s over 30 years of experience across Nigeria’s capital markets.

Wealthy foreigners slowly taking over one of South Africa’s richest areas

Total sales value for the Atlantic Seaboard and City Bowl surged by 26% year on year, climbing from R8.9 billion in 2024 to R11.3 billion.

Hope for South African telco giant after multi-billion rand flop

Mike Gresty from Anchor Capital stated that the IPO of Cell C overshadowed the narrative surrounding the restructuring of Blu Label.

R839 per month win on the cards for South African homeowners in 2026

As 2025 winds down, he said the inflation picture is “looking fairly good,” noting that South Africa now has a clearer inflation anchor around 3%, with some flexibility on either side.

South African giant selling to international company for R26.5 billion

The drugmaker sees the transaction closing in the second quarter of next year.

World Bank Report Ranks Morocco Among Top Economies for Business Environment

The report examines three pillars: regulatory framework, quality of public services, and operational efficiency.

7 major international companies exit South Africa in 2025

The reasons for the exits differed from group to group, but ranged from global strategy shifts to reputational damage and capital allocation decisions.

African Development Bank Group Mobilises Global Private Capital to Close Africa’s Financing Gap

The programme featured focused discussions on reshaping perceptions of risk in Africa, designing innovative financial platforms, and mobilising capital in fragile and frontier markets.

Afreximbank backs Heirs Energies with $750-million facility, boosting Nigeria’s domestic energy capacity

Afreximbank participated with up to US$ 250 million of that financing, underscoring its commitment to Africa’s energy sector development

Ecobank Group and Bank of China Partner to Strengthen China-Africa Financial Cooperation

Both institutions agreed to reinforce their long-standing relationship and to work toward practical outcomes that benefit clients across their networks.

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