Managers of Wealth Africa

Foreign Exchange Shortage Is Suffocating Companies, CIP Warns

The report also estimates that the economic effects extend to households, pointing to around 75,000 people indirectly affected, considering the average size of Mozambican families.

Nigeria’s FTSE Russell return could trigger fresh foreign inflows — Griffin Capital CEO

Obaniyi stated this during a press briefing to announce the official market entry of Griffin Capital as a fully integrated financial services group.

Ghana’s economic activity strengthens, but business confidence eases to 12.6% – BoG

This marks a sharp rise from the 2.3% growth recorded during the same period in 2025.

Banking sector records significant growth in 2025 …assets soars to GH¢647.25bn

This is equivalent to 45.1 per cent of the country’s Gross Domestic Product (GDP).

Standard Bank Warns Foreign Currency Shortage Continues to Constrain Economy

Despite this, the economist believes the national economy remains vulnerable due to insufficient availability of foreign currency to meet market needs.

Cedi depreciates by 8.4% against dollar in interbank market

This is compared with GH¢10.28 during the same period in 2025.

Egypt, World Bank develop innovative financing model for infrastructure projects

Rostom affirmed that Egypt is pursuing a comprehensive development vision aimed at promoting sustainable growth, improving the investment climate, and expanding private sector participation.

International Banker 2026 Africa & North Africa Awards Winners

This approach has since been reinforced through a series of new rules targeting board conduct and accountability.

Money flooding back into South Africa

While it initially caused a flight to safety away from the sector, the last month has seen investors return to growth-oriented assets.

AfDB approves $200m for BoI to support MSMEs

This approval was disclosed in a statement published on the bank’s website, highlighting the bank’s continued support for Nigeria’s industrialisation and private sector development agenda.

Aliko Dangote: African Energy Person of the Year 2026

This is a fitting honor for the Nigerian businessman and industrialist who has invested billions in Africa to strengthen energy security, build infrastructure, create jobs, reduce import dependence, support regional development, and promote African-led so

FMDA forecasts April headline inflation at 16.42%

….As food and energy pressures persist

Cleaning the books: FirstHoldCo’s capital rebound journey

The ghosts of loans past are still with us today, with the Asset Management Corporation of Nigeria (AMCON) still chasing debtors around the block

Gold and resource funds dominate latest PlexCrown rankings

Top-performing unit trusts post strong gains across multiple investment periods.

Robust liquidity anchors stable funding rates

Funds parked in the SDF corridor averaged NGN4.6trn in April

Elevated FY ’25 debt servicing, easing ahead

Cumulatively, Nigeria’s external debt service obligations increased to almost USD5.2bn in FY ’25,

FMDA projects N10.53 trillion inflows in May on heavy OMO maturities

The anticipated increase from April’s N9.08 trillion signals a stronger liquidity environment that could shape interest rate movements and investment decisions across the market.

1,540 businesses facing insolvency in South Africa

The world leader in trade credit insurance said that global business insolvencies will rise by 6% in 2026.

Kenya eyes $600M in World Bank emergency funds

The Iran war has hastened calls for greater industrial investment on the continent to reduce its reliance on imports.

Bank of Ghana expected to post GH¢15.6bn loss for 2025 financial year

“The bank reported a net cost or loss for 2025 of 15.6 billion Ghana cedis compared to a loss of 9.6 billion in 2024.

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