Managers of Wealth Africa

Bad news for landlords in South Africa

Asked why more people are struggling to meet their monthly rent

Gallagher Re targets South Africa with latest acquisition

This acquisition represents a strategic opportunity to strengthen our market position

South Africa posts smaller-than-expected current-account deficit

Reflecting an improvement in the nation’s terms of trade.

African Development Bank approves landmark $1.78 billion strategy to support transformation of Namibia's economy and create jobs

Implementation is expected to diversify the economy beyond mining and agriculture, integrate MSMEs into regional value chains, and enhance manufacturing capabilities

Best news for the rand in 25 years

The rand often trades as a proxy for emerging-market sentiment, making it vulnerable to sudden price swings, with average realized one-month volatility over the past five years of 13.1%.

Nigeria emerges as French investment hub, officials say

He noted that Nigeria’s four largest banks, Access Bank, Zenith Bank, UBA, and First Bank of Nigeria, already have a presence in Paris, facilitating cross-border transactions and project financing.

FG Gold, AFC and Afreximbank Achieve Financial Close on US$330 Million Senior Debt Financing for Baomahun Gold Project

FG Gold has committed 1% of gross revenues to a Community Development Fund supporting education, healthcare, agriculture, infrastructure, and social enterprise in project-affected communities.

South African insurer launching in the UK next month

Santam received in-principle approval to establish the syndicate in July

AfDB President Urges Private Capital Mobilisation at Africa Investment Forum

Morocco’s Minister of Economy and Finance, Nadia Fettah Alaoui, reaffirmed the Kingdom’s commitment to strengthening private investment and deepening public private partnerships.

Guinea Insurance to raise N15bn additional capital

Reinsurance companies received the steepest increase, with their capital threshold now pegged at N35bn.

Stanbic IBTC Pension Managers highlights innovation at ART X Lagos

Over the years, ART X Lagos has grown into a vital platform for contemporary African expression.

PenCom revamps investment guidelines for PFAs

The asset composition of Nigeria’s pension fund AUM has been relatively stable over the years

Africa Finance Corporation Secures US$75 Million Credit Line from the Arab Bank

The agreement was signed by H.E. Abdullah Almusaibeeh, President of BADEA

Europe leads pledging effort in campaign mobilising €15.5 billion for clean energy in Africa

The European Union led the pledging effort, with more than €15.1 billion.

The tide is turning for South Africa

VAT and corporate taxes did particularly well, offsetting weaker personal income tax.

Naira slips to 1,456.72/$

AIICO Capital also noted that the naira traded largely bearish in the FX market for most of the week, “pressured by strong early demand from investors seeking to cover positions.”

African Development Bank Group moves to bridge financing gap with new financial coordination platform

Hann stressed their role in building capacity, citing pipeline development and project preparation facilities within the Bank Group and its presence on the ground.

Afreximbank delivers solid, steady performance for the nine months ended 30 September 2025

The Bank’s liquidity position remained strong, with cash and cash equivalents increasing to US$7.6 billion, up from US$4.6 billion in FY2024.

Absa enhances global engagement through B20 report on inclusive trade for MSMEs and women

The report emerged to address urgent calls from the taskforce to formulate policy solutions aimed directly at dismantling the barriers faced by these often marginalised demographics within African economies.

R3.6 billion in pension savings down the drain, and major property problem in Cape Town

Additionally, gold prices declined for the fourth consecutive session, pressured by a stronger dollar and reduced expectations of a US interest rate cut next month.

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