Managers of Wealth Africa

Illicit financial flows, others cost Ghana GH¢11bn from 2020 to 2025 – Finance Minister

Surprisingly, only 10,440 of these transactions were linked to actual imports

The Alternative Bank bags innovative bank award

“This award affirms what we’ve always believed, that innovation and integrity can coexist at the heart of banking,” said Korede Demola-Adeniyi, Executive Director (South) at The Alternative Bank.

Best news in 25 years on the cards for South Africa, and Ramaphosa appoints new minister

South Africa’s international bonds also showed slight gains as details from the finance minister’s mid-year budget review were released, with longer-dated bonds performing the best.

Absa Kenya Commits to Continue Supporting SMEs

It also announced plans to launch an SME Tool that will enable owners of small businesses to perform important functions like online planning and cashflow management.

South Africa pushes multilateral banks towards climate investments

They include a new mitigation target for 2035 of between 320 and 380 megatons of carbon-dioxide equivalent, showing clear progression from our 2030 range

South Africa: Sappi reports Q4 and full-year 2025 financial results

In support of the leadership team’s commitment to reducing debt, capital expenditure has been adjusted downward to below $300m per annum for the next two years

South Africa on edge for some good news this week

A ratings upgrade would mark a significant milestone for South Africa, improving sentiment toward the country and its assets.

African Development Bank Group approves additional €217 million to complete the Busega–Mpigi and Kagitumba–Kayonza–Rusumo Roads Project

The additional resources will finance the construction of new interchanges, bridges, toll plazas, and service lanes, including the Busega Interchange linking the expressway to the Northern Bypass

Why South African Investors should be considering Hedge Funds right now

While these results have rewarded investors handsomely, history reminds us that such strong performances are not sustainable indefinitely.

Absa advocates for Debt Capital Markets instruments as viable financing alternatives to corporates

The call was made at the bank’s Debt Capital Markets (DCM) Funding Workshop in Accra, which brought together regulators, institutional investors and corporate leaders to discuss practical strategies for unlocking new financing opportunities through

Afreximbank’s Calls for Stronger Trade Finance Capabilities to Accelerate Inclusive Growth across Africa

Africa is richly endowed with natural resources such as minerals, hydrocarbons, agricultural commodities, and a growing array of value-added opportunities across energy, metals, and logistics.

Egypt’s Banque Misr expands into East Africa with new Djibouti subsidiary

The event also brought together senior banking and economic figures from both Egypt and Djibouti.

82.6% of banks confident Ghana’s financial system will remain stable in 2026

The latest survey shows a decline in the perceived likelihood and severity of macroeconomic and financial market risks compared to the start of the year.

The Alternative Bank partners Oyo agency on infrastructural devt

The delegation was led by Mr Mustapha Ajisafe, the Team Lead for Ibadan, who represented the bank’s Director of Digital Business and Innovation, Mr Mohammed Yunusa.

‘Employee’s wellbeing strategic investment’

Adeniyi noted that while rising operational costs remain a reality for many organisations, prioritising employee wellness yields measurable returns in performance and cost management.

OMCs commence reduction in fuel prices; Petrol sells at GH¢11.59, diesel goes for GH¢12.47

Several OMCs have told JoyBusiness they plan to implement further price reductions this week, especially among top brands with the largest market share.

Robust investor demand but DMO hold back on sales

Similar to the previous month, the financial system was awash with liquidity, with the surplus balance hovering around NGN4trn.

Modest q/q uptick in FGN’s domestic debt stock

In terms of split, the FGN’s share of the total domestic debt stock accounted for around 95% of the total public domestic debt

Double-digit y/y growth in pension assets

The pension industry has remained resilient amid prevailing macroeconomic challenges

FX liquidity strain driven by weaker domestic inflows

The non-bank corporates segment, which includes large private sector entities

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