Managers of Wealth Africa

South Africa chasing after private investors with new R8 billion plan

That effort is underpinned by a shift toward investment in South Africa’s state budget.

PSCE recovery but outlook remains fragile

The CBN’s data covers lending by the entire banking system and not only the deposit money banks (DMBs).

Manufacturing recovery faces headwinds

Turning to Q1 '26 data, the sector posted a solid growth of 3.3% y/y, representing a notable improvement from 1.7% y/y a year earlier.

Nigerian tech entrepreneur Olugbenga Agboola's Flutterwave is acquiring an East African bank

Flutterwave is acquiring an undisclosed bank in East Africa as Olugbenga Agboola builds a banking arm around the company's payments business.

EBRD supports small businesses in Kenya

In addition, KCB Bank will receive technical assistance in the form of training, advisory support and technical expertise in order to strengthen its green lending capabilities.

Standard Bank named South Africa’s most valuable financial services brand as brand value rises to US$4.724 Billion

Standard Bank’s brand value increased by 54% to US$4.724 billion, from US$3.066 billion in the previous ranking in 2024, outpacing the 47% growth recorded by the Top 30 brands collectively.

South Africa’s largest asset manager under siege

Among the deliverables are “fostering psychological safety and trust, including facilitation of the employee-healing process” and the “facilitation of courageous conversations.”

The 76-year-old energy giant in South Africa that made R60 billion in six months

The company has seen increased demand for its products in recent months due to international conflicts that threatened global fuel supplies.

Egypt tops Africa with $15.5bln in 2025 FDI as government readies new investment strategy

Egypt's minister stated that the forthcoming FDI strategy focuses on eight sectors with high readiness to quickly attract investments

Businesses split over borrowing costs, access to credit

The higher cost of funds has translated into lending rates exceeding 28 per cent for many small businesses, analysts say.

South Africa’s largest pension fund manager in crisis, and concerns about Starlink rival launching in South Africa

South Africa’s benchmark 2035 government bond strengthened on Friday, with the yield falling 10.5 basis points to 8.74%.

NGX Group Delivers Record First-Half 2026 Performance, Declares Interim Dividend of ₦1.30 Per Share

The dividend reflects the quality of the Group’s earnings, improved cash generation and the Board’s confidence in the sustainability of NGX Group’s growth trajectory.

MPC retains cautious stance amid external risks

Despite this modest improvement, the inflation outlook remains challenging

Strong demand but DMO trims sales in July

This represents a notable increase from NGN1.4trn recorded at the previous auction.

Moza Banco Proposes Solutions to Strengthen the National Financial Architecture

Speaking during the panel, Devan Manmoandas stated that strengthening the financial system requires the creation of solutions that bring capital closer to productive sectors, encourage innovation, and enhance companies’ ability to grow sustainably.

Mozambique and Egypt Seek Deeper Economic and Investment Ties

Beyond economic cooperation, Abdelatty called for enhanced collaboration in the military and security domains, highlighting the importance of leveraging Egypt’s ‘capabilities in combating terrorism’ and intensifying cooperation through t

Firm targets top-five insurance ranking with new strategy

The company stated that the new trajectory follows its successful recapitalisation exercise aligned with the regulatory standards set by the Nigerian Insurance Industry Reform Act 2025.

10 Major companies the EFCC is prosecuting in 2026

Drawing on official EFCC releases, court filings and other publicly available records, below are 10 of the most significant ongoing cases involving companies and corporate interests in 2026.

First HoldCo overtakes Zenith, GTCO as Nigeria’s most capitalized banking stock

The milestone reflects sustained investor confidence in the financial holding company, supported by record earnings, improving fundamentals, and increased strategic investments by billionaire businessman Femi Otedola.

Investors identify Africa’s next billion-dollar opportunities at UBA Business Series

A major highlight of the discussion was the consensus among panellists that financial inclusion, the creative economy, sports, and small and medium enterprises (SMEs) represent the sectors most likely to produce Africa’s next billion-dollar companie

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