Managers of Wealth Africa

Bidvest unit agrees to buy Cannon Asset Managers

Financial services division makes third deal in six months.

South African Steinhoff Unit Mulls Early Redemption of Bonds

Steinhoff Services has three notes due to mature in 2018

Ghana: OPIC Executive Vice President Travels to Ghana

They have partnered with Appolonia City developer Rendeavor to build a pilot project of 100 affordable homes

Old Mutual gets green light for a return

Omem and the Economic Development Department have reached an agreement in relation to three critical public interest issues that Old Mutual Limited will address

Defending Pension Assets in 2018

The point cannot be overstated; every working man and woman must get fatigue one day.

Bank official, tech exec announce Mali presidential bids

The state is still absent from vast swathes of its northern territory where in 2012 jihadists linked to Al-Qaeda mounted an insurgency on the back of a separatist uprising.

Afreximbank taps Islamic finance to support Africa trade

Afreximbank said it would use the facility to provide sharia-compliant financing to small- and medium-sized enterprises across its member countries

Nigeria’s economy needs pension funds, says commissioner

Having a pension scheme that could pay out benefits in the form of a life annuity, he explained, would offer workers protection against longevity risk.

AfDB achieves 100% investment in green energy projects in 2017

We will help Africa unlock its full energy potential, while developing a balanced energy mix to support industrialisation.

Nairobi bourse investors book billions as bear run ends

The full year 2017 market statistics compiled by the Nairobi Securities Exchange and Standard Investment Bank also show that foreign investors were keen to cash in on the higher share prices.

AfDB approves 3rd sovereign lending instrument

“The approval of the RBF policy comes at a critical juncture where countries are increasingly harnessing resources for structural transformation"

Competition Commission gives conditional nod to Old Mutual restructuring

The deal is part of the restructuring of the group, which will lead to Old Mutual Ltd housing the group's emerging-markets operations.

France Invests N150bn In Nigeria

“Available records also state that at the end of the first quarter of 2017, the trade volume between France and Nigeria stood at N668 .75 billion (1.9 billion euros).

Naspers and Steinhoff: Why I won’t invest in the JSE Top 40

Brush up on your Chinese for a better retirement?

Kenya’s real estate to recover after 2017 difficulty

According to the 2017 report by Cytonn Real Estate, development activity reduced evidenced by the 18.4 per cent reduction in the value of building approvals

Nigeria wealth agency issues N10 billion bond to private firm

The Magic Circle firm hired partner Amy Edgy from Jones Day, where she worked on bankruptcies involving Delta Airlines and coal giant Peabody Energy

AfDB achieves 100 per cent investment in green energy projects in 2017

The Africa Renewable Energy Initiative, which aims to deliver 300 GW of renewable energy in 2030 and 10 GW by 2020, is now based within the Bank.

Green bonds as a lifeline for Nigeria’s degraded environment

The green bond market has enjoyed strong growth in the last two years, with issuance jumping by over 105 per cent in 2016 alone to a record $81bn

Foreigners hunt Old Mutual shares on Zimbabwe Stock Exchange

Old Mutual plans to break the group into four independent businesses

New I&P fund to invest in Sub-Saharan African startups

Building on the success of the I&P African Entrepreneurs (IPAE) fund launched in 2012, the new fund targets African SMEs in expansion

Alternative Investments