Managers of Wealth Africa

South Africa’s biggest asset manager buys a big piece of Johann Rupert’s company

The acquisition gives Ninety One a significant position in one of South Africa’s largest and most diversified investment groups.

Cedi long overdue for security refresh – Mahama

He added that security features on banknotes must be updated from time to time to keep pace with counterfeiting techniques.

‘Africa needs capital, markets for startup growth’

“Africa needs a complete financing architecture.

Rising domestic borrowing amid expanding fiscal needs

The trend remains firmly upward, with the FGN's domestic debt stock increasing by 3.0% q/q and 10.7% y/y,

FX market remains resilient amid demand pressures

This m/m depreciation can be attributed to persistent FX demand from market participants, which continued to exert pressure on the naira.

Stronger domestic inflows boost FX liquidity

Within this segment, the CBN accounted for the largest share

South African giant makes big move in Zimbabwe

In neighbouring South Africa, where the company is based, the stock closed at R12.56.

Mozambique Introduces Sovereign Insurance Against Extreme Climate Events

Among the principal changes is the creation of sovereign insurance for Non-Life lines associated with events of extreme magnitude.

Rand gains strength

He also discusses the resilience of US markets and AI stocks, including SpaceX and Prosus, and reflects on gold’s rise above $4 400 as central banks turn to it as a safe haven.

Nice surprise for the rand

The rand has started the new week in a stronger position against the US dollar, trading at around R16.15.

NGX loses N1.17 trillion as MTN Nigeria, First HoldCo lead profit-taking

The market’s year-to-date return moderated to 58.55% from 59.71% previously, as the correction pared back part of the gains that had lifted the market past the N160 trillion mark just a day earlier.

Gold now dominates Ghana's exports, GSS warns of concentration risk

Ghana recorded a record trade surplus of GH¢148.3 billion (US$11.5 billion) in 2025, more than three times the GH¢44.7 billion surplus recorded in 2024.

Nigeria’s FX market turnover surges 117% to $3.73 billion

…. Turnover more than doubles week-on-week as investors continue positioning for dollar exposure; spot transactions dominate with 99% market share

The most valuable brand in South Africa

This study integrates financial performance and consumer perceptions to identify the brands that generate the most value.

South Africa’s new gold rush is already over

PGM metals have seen a massive rise in prices, which was caused by major supply chain issues in South Africa and questions over the transition to electric vehicles.

AfDB Invests US$332 Million in Standard Bank Social Bond

Together, the financing and technical assistance are intended to strengthen Standard Bank's capacity to increase lending to SMEs, including women-owned businesses.

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.

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