Managers of Wealth Africa

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

Offshore trusts not only for the super-rich

How much do you need to have to start investing offshore?

Comment: South Africa connecting more international investors across continent

Africa has aligned itself far more with an outward strategy around foreign direct investment to help secure a sustainable economic future.

Fitch Downgrades Diamond Bank to 'CCC'

The bank has some contingency plans, such as the sale of its UK subsidiary, but execution may be challenging, especially considering the recent resignation of four board members.

Some African countries said to have $300b in pension funds

Ghana also received about $2.2 billion in formal remittances from abroad in 2017, which could be diverted from consumption to investment.

Egyptian reforms are driving uptick in foreign investment, minister says

Number of new businesses rose this year as the country expanded its private sector

It’s Been a Turbulent Year. Emerging Markets Are Waiting For a Better 2019

Emerging-market stocks slid deeper into a bear market in October as rising Fed rates pushed up the value of the dollar and a trade war intensified, hitting countries such as Indonesia and South Africa that had weaker fundamentals.

‘Sustainable Institutions are Built on Corporate Governance’

“They would probably require a code with a development orientation, one which seeks to directly balance governance objective and growth.”

Germany keen on re-engaging Zimbabwe

The improved bilateral ties will also enable both countries to renew exchange programmes in the fields of development and trade as well as enhance private sector investment.

Nigerian gov’t issues sovereign sukuk at 15.7%

The bond, which is aimed at funding road infrastructure across the six geo-political zones, is payable semi-annually.

Ascent Capital Seeks $120 Million for East Africa Businesses

European Investment Bank is considering investing in the fund

Absa: Committed to harnessing Africa's growth

Absa is dedicated to harnessing Africa’s growth and is committed to delivering insight driven solutions to power businesses and allow economies to thrive.

AfricInvest closes fourth North African fund

AfricInvest has closed its fourth North African fund at 194 million euros. Maghreb Private Equity IV’s investors include the African Development Bank. MPEF IV will invest in small and media companies in North Africa.

PenCom Reiterates Plan to Establish Micro Pension Scheme

In an effort to promote a stable and sustainable pension industry, she said the commission has adopted zero tolerance for non-compliance.

Pensioners Task FG, PTAD on Deductions on Pension Benefits

Odewabi urged President Muhammadu Buhari and Sharon Ikeazor of PTAD, to comment on the matter.

Alternative Investments