Managers of Wealth Africa

North African SMEs get boost from AfricInvest

Maghreb Private Equity IV is a 10-year fund which will take what AfricInvest called “substantial minority stakes” in business across the region

AfricInvest and Catalyst Principal Partners acquires stake in Prime Bank

“Prime Bank welcomes this new partnership with AfricInvest and Catalyst, which further strengthens our capital base in order to carry out strategic plans which include … expanding locally and regionally,”

5 reasons to make sure your art is covered correctly

The value of the artwork could appreciate "dramatically", Colman said.

Fears grow in Africa that the flood of funds from China will start to ebb

Slowing growth and rising debt at home may affect Beijing’s ability to keep up its vast investments in the developing world

Pan-African fund AGF secures Sh2.9bn to finance small firms

The credit growth remained well below the central bank’s target rate of 12-15 percent, a growth adequate to support economic development.

Kenya’s Biggest Mortgage Lender Plans to Double Loans in Two Years

The government of East Africa’s biggest economy is expected to have set up Kenya Mortgage Refinance Co., which will provide funding to lenders and enable banks to refinance current home loans

Mauritius PE firm behind buyout of retailer Tumaini

Tumaini said in an earlier correspondence with the Daily Nation that Sokoni has provided new capital that will be used to expand the business.

FMDQ Records ₦165.15 Trillion Turnover in 11 Months

These figures exclude primary market auctions in T.bills and Bonds.

New Development Bank financing for SA now more than R9bn

The finance minister gave the figure in response to a DA question about the benefit the bank brings to SA

Stanbic Bank ‘takes over’ Bank of Baroda

The transaction has since been approved by the Bank of Ghana (BoG) and an official announcement due on January 2

What to expect from Absa heading into 2019

released from the shackles of London-based Barclays, Absa CEO Maria Ramos can take on more risk with a plan to grow revenue faster than her main rivals from 2019 to 2021.

Commitment to pension reforms

Our dear Lagos State is much better because you served, and your services are deeply appreciated.

Uganda eyes May 2019 to get funds for domestic flights infrastructure

We are looking at creating an enabling environment, which is largely in terms of infrastructure. When you create better airfields, you are facilitating local flights,” said Vianney Luggya, CAA public affairs manager.

FCAM’s Legacy Debt Fund Gets ‘A+’ Rating

A statement explained that the “A+(f)” credit quality rating reflects the Fund’s minimal exposure to downside risk arising from credit defaults, while the “FV3” volatility rating indicates the Fund’s moderate sensitivit

Life's a beach for SA investors in Mauritius

Property investments are priced from $290 000 (about R4.2m) and with purchases over $500 000 (about R7.3m) you can acquire permanent residency for yourself and your family.

Transition at NSE as rich founders loosen control

“It is wise to own 10 percent of an elephant than 90 percent of a goat,” he once wittily remarked referring to his decision to cut his stake and allow the group to grow through other shareholders.

Ethiopia unveils national initiative to ease doing business for investors

the newly launched initiative is an integral part of Ethiopia’s Action Plan for Jobs.

Egypt, UAE and Tunisia among best countries worldwide in developing renewable energy

The report stated that the UAE has become one of the best countries in developing energy efficiency.

Development finance institutions have a key role to play in ensuring Africa is not left behind

Several studies have shown that the fourth industrial revolution, which involves a fusion of artificial intelligence and automated machines, has the potential to disrupt every industry.

Ethiopia is on its way to becoming Africa's fastest growing economy

Apart from this, International Finance Corporation (IFC), an arm of the World Bank Group is also playing a vital role to support companies and the economy.

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