Managers of Wealth Africa

Coral South remains Mozambique mega-deal

The deal, as previously reported by ALB, was also the world’s first project financing of a floating LNG facility.

Tunisian Government opens forex market to spark economic growth

Tunisia faced great economic challenges in the post-Arab Spring era. Now, the country is ready to open up the foreign exchange market to retailers

5 Themes For African Private Equity In 2018

What are set to be the most influential moments and movements for African private equity in 2018?

African Diamond Miner Can't Stop Finding Huge Stones

Type IIa diamonds contain very little or no nitrogen atoms and are the most expensive stones.

VC firm launches $120 million seed fund for African tech start-ups

Europe-based VC firm expands to Africa to help develop talents and businesses in the region

Davos 2018: Sahara Group urges global support for access to energy in Africa

According to Cole, the world is in urgent need of a more coordinated level of shared expertise, resources and influences to forge ahead on key developmental fronts.

Standard Bank and ICBC finance Mozambique LNG deal

Standard Bank acts as commercial facility agent, onshore account bank and security trustee in respect of the project.

Zimbabwe banks reject EU financial bailout

The move, however, backfired as it resulted in a crisis in confidence and capital flight causing the emergence of a strong foreign currency black mark

South African hedge fund managers expand into new strategies

South Africa's hedge fund industry is changing. New regulations have increased operational costs and placed limits on what hedge fund managers can do

One of the Biggest Diamonds in History Has Just Been Dug Up

Gem sold a 357-carat stone for $19.3 million in 2015 and in 2006 found the 603-carat Lesotho Promise.

Chinese consortium plans to invest in Huíla province, Angola

Zheng, who did not disclose the amounts that would be invested, expressed interest in getting involved in the region’s development plan

Morocco loosens its currency peg in bid to attract investors

Gross domestic product expanded faster than the majority of countries in the Middle East and North Africa in 2017

Top Energy Trends 2018 in South Africa

Siyabonga Mbanjwa, SENER Southern Africa Regional Managing Director

Bidvest unit agrees to buy Cannon Asset Managers

Financial services division makes third deal in six months.

South African Steinhoff Unit Mulls Early Redemption of Bonds

Steinhoff Services has three notes due to mature in 2018

Ghana: OPIC Executive Vice President Travels to Ghana

They have partnered with Appolonia City developer Rendeavor to build a pilot project of 100 affordable homes

Old Mutual gets green light for a return

Omem and the Economic Development Department have reached an agreement in relation to three critical public interest issues that Old Mutual Limited will address

Defending Pension Assets in 2018

The point cannot be overstated; every working man and woman must get fatigue one day.

Bank official, tech exec announce Mali presidential bids

The state is still absent from vast swathes of its northern territory where in 2012 jihadists linked to Al-Qaeda mounted an insurgency on the back of a separatist uprising.

Afreximbank taps Islamic finance to support Africa trade

Afreximbank said it would use the facility to provide sharia-compliant financing to small- and medium-sized enterprises across its member countries

Alternative Investments