Managers of Wealth Africa

Access Bank issues first dual listed bond on NSE and LuxSE

These developments have thrust the concept of sustainable financing into the limelight, allowing products like Green Bonds to gain increasing significance.

New Report Exposes Nigerians Owning Property in Dubai

The report, according to its author, is based largely on private data compiled by UAE-based real estate and property professionals.

Government targets GH¢1 billion in 5-Year bond issuance

Each bond to be issued shall have a face value of GH¢1

Kano sets up committee to tackle Pension issues

Members of the Committee include the Commissioner, Ministry of Finance, Shehu Na-Allah Kura, the Commissioner, Ministry for Local Government, Murtala Garo and Sani Gabasawa, Chairman, Kano State Pension Fund Trustee.

Diaspora remittances to Kenya to drop due to coronavirus

Trading in the Nairobi Security Exchange 20 was halted on March 13

Uganda bourse dips as investors hold back

But the USE chief executive Paul Bwiso is betting on Uganda’s buoyant economy, the blue chip stocks and Umeme, a power distribution company, securing a concession from government to drive activity on USE.

What are asset managers delivering?

Are they meeting investors’ needs?

SANNE Connect Issue 20: Africa Edition

Welcome to the latest special edition of SANNE Connect, our dedicated technical bulletin.

Great benefits when Africa becomes a single market

The African Development Bank has forecast that elimination of bilateral tariffs on goods and services would increase intra-African trade by 15 per cent.

Kenya Re targets Egypt with Sharia-compliant subsidiary

The State-controlled reinsurer says last year’s decision to issue an additional 2.099 billion bonus shares saw its capital base quadruple from Ksh1.75 billion ($17.5 million) to Ksh6.99 billion ($69.9 million).

Africa’s Richest Man to Add Oil to Expanding Business Empire

Expects to start producing about 20, 000 barrels a day by July

Standard Bank funding model helps Growthpoint Investec African Properties expansion

The Bank said discussions started in the early part of 2019 and it was able to structure and implement the deal in line with the transaction closing milestone.

Centum Investment’s Midas touch

The group’s half-year profit surged to $67.9m last year, up from $20.7m in a similar period the year before, primarily driven by the sale of Centum’s shares in three beverage firms.

Impact investing could transform enterprise

A larger percentage of these funds are designed for SGBs as impact investment funds.

Standard Chartered Introduces Online Fixed Income On SC Mobile

The Fixed Income trading platform on the SC Mobile app includes simplified Client Investment Profiling, sale and purchase of treasury bills at any given point in time.

IFC Invests $200 Million in Standard Bank of South Africa’s Green Bond Issuance

Commercial banks currently provide 45 percent of South Africa’s financing for renewable energy and energy-efficient projects.

Jersey’s LGL Group to partner with Associated Consultants Limited in Mauritius

This acquisition will add further quality and scale to our existing business whilst also deepening our jurisdictional service offering to Mauritius.

Nigeria increases Sovereign Wealth Fund capital by $250m

With the additional $250 million investment in the Fund, this means that the total capital should be around $2.10 billion.

NSE hits 16-year low as blue chip stocks plunge over coronavirus fears

Analysts have argued that the sell-off is part of a global trend as investors dump stocks and seek shelter in fixed income assets including government bonds.

Openfunds partners with CHF 1.3bn African boutique

The company was founded in 2008 by CEO Jean Craven and CIO Prieur de Plessis, who have backgrounds in structured trade and commodity finance in South Africa.

Alternative Investments