Managers of Wealth Africa

South African state asset manager buys up struggling arms firm's bonds

Denel struggling to pay suppliers, salaries

Africa Development Bank approves $7.5m investment in Kenyan VC fund

The VC fund targets sectors such as consumer goods, corporate services, education, logistics, energy, fintech, agriculture and healthtech.

Kenya’s removal of share-ownership cap fails to attract foreign investors

Last year, 12 out of the 64 NSE-listed companies, issued profit warnings citing a difficult operating environment while this year six firms have already warned of an expected drop in earnings.

AM Best Affirms Credit Ratings of Ghana Reinsurance Company Limited

Prospectively, AM Best expects BCAR scores to remain at the strongest level with good internal capital generation supporting strong premium growth.

SG Ghana meets BoG’s GHS400m requirement

Its management now expects the new capitalisation to position the bank to take advantage of the huge opportunities in the economy.

Impact investing enters the mainstream investment arena

According to Charles Buchanan, managing director of SGG Group South Africa, this kind of investment trend has significant capacity to effect meaningful economic change on the continent

BoI rallies Dubai investors on bilateral investment opportunities

He assured that the chamber would extend all necessary support to improve trade and investment relations between Nigeria and Dubai.

Use SDGs As A Framework For Impact Investment In Ghana – UNDP

Citing specific examples of UNDP’s impact investment initiatives in Ghana, the UNDP Ghana acting Resident Representative noted that, UNDP is facilitating a Multi-Stakeholder Waste Resource Platform

EU gives Sh1.8bn for internet connections in Africa villages

The venture, that will be undertaken in the next two years by a yet-to-be named entity, is meant to see these countries improve their internet access to support rising electronic commercial ventures.

There Are Signs Africa’s Market Rout Is Not Over Yet

Continent’s stocks, bonds did worse than EM average in 2018

Promoting Intra-African Trade

The Nigerian pavilion attracted exhibitors and visitors making it the busiest country stand in all.

Private Sector Is the Key to Africa's Green Economic Transformation

With SMEs constituting 95% of Africa's private sector - which is the continent's main energy user and greenhouse gas producer - ensuring that nascent and growing SMEs are not only climate-responsible but also helping curtail climate change is fu

Nigeria’s first gold refinery scheduled for 2019

The governor described the project as a major boost to the Nigerian mining sector.

Kenyans abroad mull creating mutual fund for investments

Kenyans working and living abroad are now sending home four times more cash than a decade earlier

Ogungbesan: Nigeria Remains Top destination for Foreign Investments

As a nation, we should continue to enact policies that will aid ease of doing business

Angola Wins Award in Eurobonds Issuance in London

The award will be delivered in March 2019 at an event to be held in London, sponsored by GFC, an international group specialised in financial information.

State firms face funds freeze over pension arrears

It is also noted that some State Corporations have not been remitting staff pension contributions

STM Jersey launches South African trust product

STM relocated its head office to the UK from Gibraltar nearly a year ago.

GSE bleeds over bank closures; Fails GHC4.7bn capital test

A successful raising of the funds sought for through the three rights issues and two initial public offers (IPOs) would have opened a new chapter in the 29-year-old history of the GSE as a large and deeper exchange capable of containing multiple multibill

Sawari Ventures announces $35m first closing of $70m North Africa fund

This investment in the Sawari Ventures North Africa Fund I fully fits our mandate to support innovation, skilled job creation and access to essential services in the region

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