Managers of Wealth Africa

Capital demands African regulatory stability

Financial fundamentals and sustainability considerations will also be key to attracting the project financing required to develop recent discoveries.

Banks attract $4.74bn foreign investments in six months

This is an increase of 216.03 per cent over the value recorded in the fourth quarter of 2018 and 34.61 per cent increase over the value recorded in the first quarter of 2018.

Africa Investment Forum: “Short on talk, heavy on deals”, African Development Bank, South African government and partners affirm

Around 2000 delegates are expected to attend the innovative investment marketplace

Frank Salt promotes Malta property in UK and South Africa

Malta is one of the first EU member states to have formulated a specific residency plan for UK citizens opting for an attractive EU base after Brexit occurs.

Nigeria to lure foreign investors with attractive tax incentives

This plea was made by Babatunde Fowler, Executive Chairman of the Federal Inland Revenue Service during the Nigeria-Canada Investment Summit in Abuja.

Global powers accelerate plays for influence in Africa

In 2017, Russian-African trade surged to $17.4 billion, up significantly from $5.7 billion in 2009. Although Russia’s trade volumes with Africa are relatively tiny, exports represent a larger share of its GDP than China's or India's.

Pension schemes return to equities at the bourse

Financial stocks could soon start posting better returns

CEOs commit R363 billion to boost economy

The second instalment of the conference yesterday saw investors pledging investments totalling billions to help reignite the ailing economy, which is growing at 0.5 percent.

Better wealth distribution pledged as prosperous Mauritius votes for leader

Polling stations opened at 7 a.m. and close 6 p.m. with results due out on Friday.

Moroccan Pension Fund to Buy 5 University Hospital Centers

The move is among the innovative mechanisms that the ministry introduced in the 2020 Finance bill.

Africa: SMEs Are Key to Reviving French Business Ties to Africa

"We need to raise private sector capital, because the public sector alone cannot deliver Africa's transformation," he told business leaders and investors gathered at the French finance ministry.

Modus Capital Launches new fund

The MODUS MENA VENTURE FUND I will focus on MENA-based early stage/post-accelerator technology companies as well as Small-to-Medium Enterprises (SMEs) where technology can enable them to grow rapidly.

Ramaphosa launches new hub for vehicle industry in Tshwane

Government has started constructing the new hub, which will have Ford as an anchor investor.

Debt relief a double-edged sword for South Africans living on loans

The situation of people like Rivele shows both the potential benefits - and unintended consequences - of a new law signed by President Cyril Ramaphosa in August, aimed at protecting vulnerable borrowers.

Kenya to seek more funding from AfDB

In 2018, the Bank’s total portfolio stood at 347.15 billion shillings supporting 26 operations in public sector and 11 in the private sector.

Rwanda’s plan to become financial hub gains momentum

The blueprint seeks to facilitate the country to attract a concentration of participants in banking, asset management, insurance or financial markets with venues and supporting services for these activities to take place.

Banking Sector Records GH¢2.24bn Profit-After-Tax

It said the higher growth in net interest income reflected both higher interest income from investments and credit.

Kenya Securities Exchange Launches New System to Boost Trading Activity

Allowing for new equities trading such as Short Selling and Day Trading, the new platform will significantly change the structure of the current trading process.

Insurance companies gain from rally in bank stocks

Kenya Re, Britam Holdings and Old Mutual Life Assurance are among the insurers gaining from their holdings of bank stocks.

African Development Bank approves record capital boost of 125% to $208 billion

“This will give us greater stability for the future.”

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