Managers of Wealth Africa

Op-Ed: How green sukuk could help Africa fight & fund climate change

The scale of funding needed to meet the continent’s green financing needs is far beyond the scope of governments.

SAVCA launches Fund Manager Development Programme

The percentage of female and black (as defined in the B-BBEE Codes) professionals within the South Africa’s private equity industry in 2018 increased to 29.6% and 56.9% respectively, up from 21.8% and 50.9% in 2017, according to the 2019 SAVCA indus

Equity rebrands in growth push

“The evolution of our brand is an important part of our strategy for continued market leadership,” Mr Mwangi said.

Fidelity Securities launches fixed income trust and Fidelity Balanced Trust

The Fidelity Fixed Income Trust is designed to offer investors a stable stream of income by investing in fixed income securities of high credit quality.

Kwara to access N1b World Bank fund

Each community could benefit up to N10 million project in the areas of health, education, water supply, environment, infrastructure, and gender/vulnerable group project empowerment, Permanent Secretary Ministry of Planning and Economic Development, AbdulA

PFAs Record N1.69trn profit From Pension Fund Investments

According the operators, the return on investment totalling N1.69tn was added to the workers RSA balances.

SA investments haven’t grown in 5 years. Should you rather put it in the bank?

If you started an investment in South African shares or unit trusts within the last five years, you are probably not making any money. The Money Show’s Bruce Whitfield asked personal finance advisor (Galileo Capital) Warren Ingram if small investor

SIB offers region’s investors gold, oil, gas, forex trading

These products include commodities such as gold, silver platinum, oil, gas and coffee, foreign currencies such as the dollar, British pound, Japanese yen and Australian dollar, global stock indices such as Japanese Nikkei, American S & P500, FTSE 100,

Black-owned asset management firms hike stake in pool by 18%

Prescient and Aluwani Capital Partners represent the two companies managing assets of between R50bn and R100bn.

Insurance sector life annuity portfolio hits N323bn

The RLA market has been in existence since the commencement of the Contributory Pension Scheme

Outsourcing in Africa – why and how companies in the region should consider this

Attendees from the corporate, private equity and banking sectors in South Africa were informed of how Vistra can support their business needs via Mauritius.

Kenya’s first ever Green Bond issuance launched

The bond issue just fell short of the target raising 4.3 billion shillings representing an 85 per cent subscription rate.

UK, others offer $350m for Africa’s solar energy

The Dutch Government plans to invest $44 million.

Investors ditch South African bonds as Moody’s junk threat looms

Moody’s said last month its stable outlook for South Africa’s debt meant the credit rating was probably safe for another 12 to 18 months

South African miner Harmony gets new $400 mln credit facility - bank

The facility will help Harmony expand its existing operations in South Africa, Papua New Guinea and the rest of Africa, the Absa statement said.

Kenyan bourse pushes for adoption of UNEP's sustainable banking principles

Our goal is to build a financial system that embraces financial benefits as well as social and environmental ones," said Odundo in a statement issued in Nairobi.

Dangote, Kagame co-chaired Board Commend President Lungu and Govt for support, hosting Southern Africa SDGs Centre

The report states that some activities being undertaken in Zambia include Transforming Zambia’s agriculture and institutional assessment of Development Bank of Zambia (DBZ).

Eskom crippled by poor management, not lack of investment - AfDB chief

In an exclusive interview at Bloomberg’s New York headquarters, Adesina touched on everything from global trade tensions to criticism of China’s lending model to a capital raise at his own bank, the continent’s largest multilateral lende

Mauritian envoy defends owning of offshore accounts by Ugandans

Uganda exports raw cotton to Mauritius and last year we exported cotton worth $6 million (Shs22b), which is a good beginning.

Eskom’s CEO shortlist includes a former CEO, Shell exec - sources

Applications for the position closed on August 2 and interviews were held with Eskom earlier this month.

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