Managers of Wealth Africa

Fund Manager Seeks Investment Opportunities

“Our goal is to make a strong financial return for investors while supporting companies that are contributing to a better world.”

PenCom allows pension contributors to pick investment options

One of the major amendments was the introduction of the multi-fund structure for Retirement Savings Account funds.

Coris Bank International (CBI) starts its Islamic finance operations in Senegal

Coris Bank Senegal has also been selected as the official partner of the Pilot Project of ITFC new West Africa SME Development Program.

Cordros outlines benefits of N1b target mutual funds

The minimum initial investment for the offer is 25 units or N2,500 while additional investments shall be a minimum of 10 units thereafter.

27four reaches agreement to purchase Prescient Life

Move supports its growth into a diversified business

Colony Capital Agrees to Buy Some of Abraaj's Key Funds

U.S. asset manager to acquire Latin America, Turkey funds

What To Expect As PenCom’s Multi -Funds Structure Takes Off In July

For Stanbic IBTC Pension Managers Ltd, we have various levels of engagements with stakeholders

African economies urged to embrace technologies to boost financial inclusion

Opening the event, Rwandan Prime Minister Edouard Ngirente said that modernizing Africa financial sector by using the power of technology holds key to financial inclusion and overall economic transformation on the continent.

Offshore strategy pays off for Ivy Asset Management

In its balanced fund as much as 75% was allocated offshore, while 25% was allocated locally.

Why Money Market funds are attracting large inflows

Investors in the money market are quite comfortable because they can get their money back when they want it and they get interest, therefore, that is an attraction for them.

Blockchain Helps Open up Kenya’s 20 Billion Economy

Blockchain technology is helping the $20 billion informal economies of Kenya measure creditworthiness of traders. The distributed ledgers could assist in bridging the $331 billion lending gap for small businesses.

African tech start-ups funding hits $195m

“When it comes to sustainable funding, African tech hubs tend to focus on demand-driven service models that solve problems and support the specific needs of an ecosystem.”

Leapfrog takes up stake in ARM Pensions

Nigeria’s pension industry still has room for growth as contributions remain largely from the organised private sector and civil service.

Cohen & Steers launches UK fund for $1.2bn real asset star

The strategy will invest in a portfolio of property, infrastructure, gold, and commodity equities, with a fixed income overlay in order to manage fund liquidity.

Capitec and Nedbank shortlisted to buy South Africa’s ninth largest bank

CGD announced its intention to sell Mercantile last year as part of a strategic plan approved by the European Commission, requiring CGD to reduce its foreign assets.

Africa Finance Corporation Wins Award

This is demonstrated through projects that have transformed the continent, particularly in countries that traditional investors have typically shied away from.

LeapFrog Set to Invest in Nigerian Pension-Fund Manager

ARM has $1.8 billion in assets, reaches about 700,000 people

Old Mutual: Planning to cut and to grow

The company hopes to gain the highest boost from East Africa and is determined to get a foothold in Ghana and Nigeria

Centum profit drops

The listed financial services firm had also warned that the profits would fall drastically owing to a 35 per cent decrease in the value of its property, which lost Sh2.3 billion worth in fair value.

African Trade Insurance to double portfolio to $7bln, by 2022

The surge would mainly stem from fund inflows by new member countries in addition to the current 14.

Alternative Investments