Managers of Wealth Africa

Nigeria’s private sector expands for fifth consecutive month in June

Output and new orders increased further during the month as firms reported stronger customer demand

Absa slides almost 7% on weaker trading update

Warns of margin pressure as African growth expectations weaken.

Standard Bank: Natural Gas Could Boost Economy by $11 Billion Per Year

To implement this project, an estimated investment of around $30 billion will be required.

BdM: Pension Funds Held 36.8% of the Capital Market in 2025

The report also notes that, “similar to the appetite for sovereign risk demonstrated by the banking sector, pension fund investments in the MVM are also concentrated in Treasury bonds

Oil output beats OPEC quota

The last time production surpassed this threshold was in July 2025

Mauritius’ MCB Plans Entry Into Côte d’Ivoire’s Banking Market

MCB’s interest in Côte d’Ivoire comes as the country’s financial sector continues to expand.

Africa Is Being Repriced

How Market Structure, Industrial Scale and the Next Wave of Digital Finance Are Reshaping Global Capital Allocation

Banco BiG Mozambique Reports Sharp Decline in Profits

The performance confirms a slowdown in the bank’s profitability in the Mozambican market.

Othman Benjelloun leads five Moroccan groups onto Forbes' top 100 Arab family businesses list

Othman Benjelloun's O Capital Group ranked 21st on Forbes Middle East's 2026 Arab family business list as Morocco set a new record with five entries.

Islamic Development Bank and Mozambique Prepare Financing Package Aligned With the 2025-29 Government Programme

During the discussions, the parties reviewed the status of projects currently financed by the IsDB in Mozambique

Otedola Strengthens Control of First HoldCo with New Investment

Femi Otedola has boosted the holding of First HoldCo Plc with 680 million shares acquired for close to N29.6bn

Mozambique Records Weak Economic Growth in First Quarter

The International Monetary Fund (IMF) recently announced that it expects the Mozambican economy to grow gradually by about 0.5%.

Zafiri announces USD 176 million commercial launch to accelerate energy access via the private sector across sub-Saharan Africa

Will channel long-term equity into private sector distributed renewable energy (DRE) companies positioning them to serve communities beyond the grid.

Alternative Investments

Nigeria’s private sector expands for fifth consecutive month in June

Absa slides almost 7% on weaker trading update

Standard Bank: Natural Gas Could Boost Economy by $11 Billion Per Year

BdM: Pension Funds Held 36.8% of the Capital Market in 2025

Oil output beats OPEC quota

Mauritius’ MCB Plans Entry Into Côte d’Ivoire’s Banking Market

Africa Is Being Repriced

Banco BiG Mozambique Reports Sharp Decline in Profits

Othman Benjelloun leads five Moroccan groups onto Forbes' top 100 Arab family businesses list

Islamic Development Bank and Mozambique Prepare Financing Package Aligned With the 2025-29 Government Programme

Otedola Strengthens Control of First HoldCo with New Investment

Mozambique Records Weak Economic Growth in First Quarter

Zafiri announces USD 176 million commercial launch to accelerate energy access via the private sector across sub-Saharan Africa

African Development Bank Group joins world's leading export credit and insurance community as full member

South Africa is upgrading the financial infrastructure that moves $32 billion every day

African Banks: Confirmed Outperformance

Big shift in interest rate expectations for South Africa

Big win for the rand

NGX banking stocks for contrarian investors in H2 2026

Here’s a simpler, more cost-effective way to transfer funds to or from South Africa