Managers of Wealth Africa

Nigeria Has Become Africa's Money-Losing Machine

As one of the better known, investable African equity markets, anyone who tried their luck with the Global X Nigeria (NGE) exchange-traded fund is down 27.7% over the last 12 months.

How Bancassurance Has Transformed Uganda’s Insurance Sector

Insurance companies shared a total of US$135million (Ush500billion) in general insurance or non-life and US$59million (Ush217billion) from life insurance premiums, with major contribution attributed to bancassurance.

The 12 most active private equity investors in South Africa

While only nine deals have been completed by South African investors so far this year, there are still a number of firms and companies to watch.

State Pension guardians asleep at the wheel – angry pensioners

They stand to be proved wrong. Evidence of malfeasance is piling up.

Japan grows stake in Africa with new deal

TDB will use the proceeds to provide its customers in Sub-Saharan Africa with funds for the import of machinery and equipment from Japanese companies and their overseas affiliates.

Moroccan Overseas Investments Fall 37% in 2018

The Ivory Coast fell to fourth place in 2018, after it were second behind Egypt in 2017 and the first in 2016.

Ousted Old Mutual boss hits back

Admits he’s in the dark about what happens next

Nigeria’s Pension Fund Asset Value Crosses the N9 trillion Mark

Pension Asset Growth Dwarfs GDP Growth: The Q1 2019 growth in pension assets as noted above, is more than twice the GDP growth recorded by the Nigerian economy in the first quarter of 2019.

Bank’s search for investor collapses

The Privatisation Commission had hired a consortium led by PKF Consulting Ltd to help the bank with its internal restructuring.

KQ revives Sh1.5bn rights issue plan for small investors

The company’s retail investors were diluted 95 per cent besides their number of shares being reduced by a factor of four as part of efforts to rescue the airline from collapse.

DP home upgrade to cost Sh152 million

The Treasury will allocate Sh37.4 million starting July for renovation of the building

DTB books Sh60 million gain in Habib acquisition

In accounting terms, a bargain purchase gain arises when assets of a particular entity are acquired for a cost that is less than what its assets can fetch when sold at open market.

Africa has big potential for Jersey

The Government of Jersey is also aware of the potential and actively working to build links.

CBK partners with five banks to support SMEs

The second roll will involve 10,000 traders who will be registered by Stawi agents during the second round of tests for the app.

African start-ups aim high, harsh realities temper hopes

"Africa is rising, yes, but it's also 54 countries, so what that really means is 54 different challenges,"

Old Mutual Partners Real Estate Firm

“Insurance products are not readily adopted, owing to a number of reasons ranging from economic challenges, lack of access to insurance services and negative cultural perception of insurance, amongst others,”

Botswana’s formal employment grows by 1.6% year-on-year

About 19.1 percent of women were unemployed compared to 16.3 percent for men.

Seven things to consider when transacting in Africa

Investors usually do not mind a challenge, but they have no affinity for uncertainty.

Carlyle Co-Founder Sees Emerging Markets Yielding ‘The Greatest Reward’ in the Coming Years

Rubenstein argued the worst has passed when it comes to issues negatively affecting the appeal of emerging market economies – such as commodity price declines, corruption and a lack of transparency, as well as the dearth of viable deals.

Bond Notes Are Not US Dollars, South African Business Mogul Mzi Khumalo Sues RBZ $132m Loss Between US Dollars And RTGS$.

Bond Notes originally traded at par with the U.S. dollar but their value has since collapsed on the black market.

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