Managers of Wealth Africa

Salaries, debt service gulp 105% of govt revenue

That left a revenue gap of N10.19tn, representing a shortfall of about 42.7 per cent.

Investor interest drives bond market growth

This notable increase is a sign of investors' continued interest in the market and improved liquidity.

Kenya's cabinet approves creation of infrastructure, sovereign wealth funds

President William Ruto said in October the infrastructure fund ⁠would invest in ‌key sectors without increasing public debt to levels that have strained public finances in recent ⁠years

132 Nigerian firms secured N51.7bn, $359m in local content funds – NCDMB

Halilu emphasised that NCDMB has two core mandates under the Nigerian Oil and Gas Industry Content Development Act: capacity building and enforcement.

Sub-Saharan Africa set to outpace global growth

Reform momentum and strong external buffers.

Nigeria pension funds shift to Dollar assets as foreign money market holdings surge 112%

Analysts attribute the growth to strong investment performance, particularly gains in domestic equities during the period

Nigeria’s economy has improved but ordinary people still feel the pinch

Economist offers some solutions.

South Africa inflation expectations eased with 3% target, Sarb says

The decline in inflation expectations may encourage policymakers to cut interest rates again when they hold their next meeting in late January.

Business Talk – Laurium Capital’s Matthew Pouncett on why now is the time to invest in hedge funds

He was promoted to his current role in 2019 following six years of stellar performance and execution of his responsibilities.

FG pushes for N17.89tn new loans to finance 2026 budget

The borrowing requirement is driven by a larger fiscal deficit and a weaker revenue outlook, even though overall expenditure is projected to fall slightly compared with the current year.

Inside Côte d’Ivoire’s Drive to Climb Africa’s Gold-Production Rankings

The mining pillar accounts for about 30% of the total, or roughly 11.4 trillion CFA francs in planned investment by 2040.

One insurance company dominates South Africa’s media sentiment rankings

Online media in South Africa is highly influential, which is why companies invest heavily in public relations and content marketing to get positive exposure.

Money floods into South Africa

The funds will flow into the government’s reworked Budget Facility for Infrastructure, which screens and finances large-scale construction projects.

Absa is opening the taps

The group said that it expects stronger growth in non-interest income than in net interest income.

IBM to buy Confluent for $11bn to expand AI services

International Business Machines Corp will pay $31 a share.

Algeria: African Development Bank Group Approves New 2025–2030 Country Strategy to Support Economic Diversification and Regional Integration

The new strategy marks an important milestone in the partnership between the Bank and the Government of Algeria.

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