Managers of Wealth Africa

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.

World Bank Group Announces $200 billion over Five Years for Climate Action

Funding for 2021-2025 includes a significant boost for adaptation and resilience

Barclays Bank relaunches NewGold Exchange-Traded Fund to strengthen gold investments

In 2012, Barclays Bank listed the NewGold exchange-traded fund on the Ghanaian market, with approval from both the Stock Exchange and the Securities and Exchange Commission.

Nairobi primed to attract billions in climate investment

The report, part of a series of publications the global private sector financier has been releasing since 2016, is based on analysis of climate-related targets and action plans for cities across the world.

UK Firm Mulls Investing $1.2 Billion in Nigeria

"A reasonable figure for Nigeria, given the size of its economy, would be about $1.2 billion," Mr O'Donohoe said.

What has happened to value investing?

The world seems to have become polarised in terms of investment opportunities.

African Guarantee Fund: A Guarantee for African Growth

The development of Small and Medium-Sized Enterprises (SMEs) is one of the principal solutions to the growth challenges faced by African countries.

Emerging managers can’t all become big managers

This represents significant business risk. If one or two of those large clients were to withdraw their money, that would have a huge impact on their sustainability.

Is SA going to hell in a handbasket? The short answer is no.

Key data show we are in a much worse state today than a year ago. Right? Wrong!

CDC Plans $1 Billion Nigeria Post-Brexit Investment Drive

U.K.’s development-finance unit may put more money into banks

Carlyle could potentially lose $136 million on its investment in Diamond Bank

At the present market value, Carlyle’s participation in Diamond Bank is worth $10.9 million because the share’s prices never exceeded purchase price and yield per share has been negative.

Nigerian equities lose N2.04 trillion

Also during the week, the agenda-setting Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) unanimously voted to retain all policy rates during its last meeting for the year.

Nedbank completes Old Mutual split; odd-lot offer gets green light

The reason in turn for so many Old Mutual shareholders dates back to their de-mutualisation and subsequent listing of the company back in 1999

Bharti Airtel picks Goldman, JP Morgan to manage Africa unit IPO

Citigroup, Barclays also among eight bankers hired for the share sale

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