Managers of Wealth Africa

Ghana is number one fastest growing economy in Africa in 2019 – IMF

The latest report also suggests growth was robust in the first three quarters of 2018, on the back of oil production.

AfDB Holds Strong Case For Increased US Investment In Africa

Acknowledging continued U.S. support for Africa, Adesina said, “ now is the time to scale up and take advantage of opportunities that other global players are already investing in."

African Development Bank to host Investment Forum Roadshow in Angola

The event will convene traders, experts and financiers in the public and private sector, who seek to invest in Africa's development.

Equity Diaspora cash hits Sh107bn

That means Equity earned a fee of Sh7 million, or 0.70 percent, for every Sh1 billion diaspora cash transfer it processed, slightly reduced from Sh7.8 million, or 0.78 percent of the value, in 2017.

South Africa’s rand crosses 14.00 threshold, stocks gain

The last time the rand traded below 14.00 was on Feb. 27.

Tanzanian president warns officials who frustrate investors

He said red tape will not be entertained in his administration when it comes to the promotion of investments in efforts toward making the country a middle-income status by 2025.

FMDQ records N63.25tn turnover in Q1

The FMDQ said the figures excluded primary market auctions in Treasury bills and bonds

African Development Bank President makes strong case for increased U.S. investment in Africa

Discussing the role of the African Development Bank in financing the continent’s development needs

Price hikes choke Zim growth prospects: World Bank

The WB economist further noted that if government manages to craft appropriate growth policies in terms of macro-economic stability, manage deficits and inflation, the country could grow its economy without the need for external funding.

Cathay Capital and AfricInvest to raise $168M Africa VC fund

He expects to see strong local showing for startups from across Africinvest’s 10 country offices

Nigeria and India Become the Fastest Growing Export Markets for UK Goods

The UK exported £350bn in goods in 2018

Nigeria’s economy slipping, says World Bank

The analysis, it said, involved a series of macroeconomic variables for 44 sub-Saharan African countries from 1995 to 2018.

Asset managers want control of Sovereign Wealth Fund

The proposed fund would invest revenue from petroleum and mineral revenues to three components namely savings, budget stabilization and one for domestic spending and investment.

Sterling Capital set to begin Sh2bn hedge fund

One sector is the small and medium-sized enterprises sector that is in dire need of funding solutions locally.

The Stages of Financial Inclusion

Financial inclusion, according to Nigeria’s Central Bank, is the access to financial services of the adult population

Sanlam sells Sh730m stake in asset manager

“SEM sold a stake in the Kenyan-based Sanlam Investments East Africa asset management business to its local partner, realising R101 (Sh730 million),” the multinational disclosed in its latest annual report.

Africa's IHS eyes South-east Asia, Middle East

The expansion outside its home continent could help IHS increase its appeal to investors after abandoning plans for an initial public offering last year.

African Development Bank Regional Economic Outlook: West Africa region to see mixed growth into 2020

“The region could benefit immensely from many opportunities—diversification, infrastructure development, and linking production to global value chains, “ – African Development Bank, Senior Director

What Are We Building? The Next Phase of Real Estate Financing in Africa

Asset realisations have taken longer and have been less profitable than expected. Some institutions have chosen to exit direct African real estate investment entirely.

US pension funds urged to pick Kenya

Kenya is already a hub for numerous US companies where we have spent over Sh1 billion in improving healthcare, agriculture, education and security,” he said.

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