Managers of Wealth Africa

KNCCI to open office in United Arab Emirates

“We shall avail to local investors proper details on how to reach us and start looking for trading partners in the UAE"

The first African Investment Forum secures billion-dollar investments for the continent

In its first edition, the Africa Investment Forum facilitated billion-dollar deals for the continent’s key industries. The next event is set to build on this impressive performance

Jubilee Holdings splits insurance businesses

There will be a rearrangement of capital to fund all the insurance divisions.

Govt set to place Ksh 3b procurement order with Jua Kali

“Our people know how to make doors and windows, we are giving them access to the market to enable them build their country and to also create employment, “said the PS.

FNB could become a Chinese takeover target – but not any time soon

It can build up a sizeable stake at cheaper prices rather than having to negotiate with a dominate shareholder.

Seychelles Pension Fund acquires 20 percent stake in Cable and Wireless; opposition LDS raises red flags

Cable and Wireless Seychelles was purchased by a consortium of local entrepreneurs earlier this month at $130 million from Liberty Global

CBK transfers Ksh 4b to Government Consolidated Fund

Concurrently, the bank says it increased its paid-up capital from Ksh.20 billion to Ksh.35 billion, in accordance with Section 8(3) of the CBK Act and implemented through a transfer of funds from the GRF.

South Africa: Graça Machel Trust Launches the Women Creating Wealth programme in South Africa

The initiative is open to South African woman-owned and businesses based in Gauteng Province working in agribusiness, agri-processing, manufacturing, construction, energy, retail, trade and services.

Bahrain bank, China firm create $50m venture capital fund for Middle East tech market

The fund – MEC Ventures – will invest across sectors such as e-commerce, fintech, and technology ecosystem enablers

Anglo-South African Investec H1 profit hit by weak UK banking

The bank's adjusted basic earnings per share, which reflect profits made in the course of ordinary operations, were down 4% from 30.1 pence last year to 28.9 pence this year.

Elumelu: Job creation, inclusive growth, key to Africa’s devt

Elumelu stressed the urgency in tackling poverty, the root cause of extremism in Africa.

Germany’s Merkel urges more investment in African nations

Instability and extremism, especially in the Sahel region, also keep Western countries from further investment in Africa, she said.

Kenya’s Equity Bank to acquire Congolese lender at $105m

In a statement Tuesday, Equity Bank Chief Executive James Mwangi said the acquisition provides more impetus for the Kenyan-based lender to push ahead with its dream of converting into a pan African bank by 2024.

Africa Finance to spend $1.5bn in 2020 development projects across continent

The multilateral financial institution has a current pipeline of investments in Africa worth $7bn

A Call for Responsible Investing

There is an increasing awareness across the globe that businesses must run on the principles for responsible investment if they must remain sustainable in the long run. This global trend is gradually taking a foothold in Africa, as stakeholders gathered i

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