Managers of Wealth Africa

Dr Donkor named recipient of prestigious Distinguished African Development Finance Leadership award

The award highlights Dr George Agyekum Donkor’s efforts to position EBID as a key catalyst for infrastructure investment, enterprise growth and sustainable economic transformation.

Africa’s giant infrastructure finance dominates banking awards

The Deal of the Year Equity was the Africa Finance Corporation’s partial exit from ARISE Integrated Industrial Platforms (IIP) as part of a $700 million capital raise.

Ghana gold output surges 23% to nearly six million ounces in 2025

Chamber of Mines producing member companies contributed 2.77 million ounces in 2025, slightly down from 2.86 million ounces in 2024.

Growthpoint Smashes Funding Target With Record-Breaking Bond Auction

The issuance was settled at R1.8 bn at the most favourable margins achieved by Growthpoint at a bond auction to date.

Ghana must process more, export less raw materials — Absa Bank

Mr. Nettey made a similar case for the cashew industry, noting that the value of processed cashew products far exceeds that of raw exports.

Afreximbank Deepens Engagement with Jamaica to Drive Trade, Investment and Industrialisation

Afreximbank remains committed to supporting increased intra-Caribbean and Africa-Caribbean trade by improving access to trade finance, investment capital and advisory support

Absa faces major investor backlash after awarding new CEO a $9 million pay package to leave rival Standard Bank

Under South African governance rules, a vote of 25% or more against a remuneration resolution obliges the company to engage with dissenting shareholders and address their concerns.

IFC, Standard Chartered launch $300m finance facility

The facility is designed to help suppliers receive payments faster, thereby improving cash flow and enabling businesses to expand production, pay workers, and invest in growth.

South African investment in Dubai tops $294mln over five years

The investments spanned key sectors including information and communications technology, pharmaceuticals and food industries, among other promising economic sectors

South African employers must turn engagement into a strategic priority

ADP Research notes that fully engaged employees are more likely to do their best work, remain committed to their employer, and contribute positively to workplace performance.

SARS to collect R300 billion more taxes with national crackdown, and another country evacuates its citizens from South Africa

The US Central Command reported that Iran had launched ballistic missiles toward regional neighbours, but all of the missiles failed to reach their targets.

Investors thump Absa, with astounding 43% vote against exec pay

This would’ve needed most of its top 10 shareholders to vote against it.

A notable rebound in FX supply

This shift has helped to partially offset the impact of constrained foreign participation, supported market liquidity and reduced volatility pressures on the naira.

BK Group Earnings Rise 6.9% as Funding Costs Hit Record Low

Fee and commission income grew 26.7%, partially driven by deepening digital adoption at the Bank of Kigali subsidiary, where digitally activeretail clients reached 62.9%, up sharply from 50.3% a year earlier.

Things turn sour for South Africa

That’s the weakest level since the third quarter of 2025, the data shows.

AfDB flags weak private sector credit in Nigeria

The bank disclosed this in its African Economic Outlook 2026 report, which noted that Nigeria ranked among the weakest performers among major African economies in private sector credit provision.

Ghana is open for business – Finance Minister urges investors

He said the Governor of the Bank of Ghana had informed him that last year, the remittance amounted to over $7 billion.

MPC holding the line as risks emerge

Importantly, the February tone emphasised that easing was modest and not indicative of a broader shift away from tight conditions.

Revenue gaps and elevated debt service

This fiscal deficit is the lowest quarterly deficit in recent years and compares favourably with NGN2.7trn and NGN1.6trn registered for Q2 ‘25 and Q3 ’24, respectively.

Money pumping back into South Africa

Fixed income also remained attractive for foreign investors in 2025, with net foreign inflows into South African bonds standing at R122 billion.

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