Managers of Wealth Africa

How the defined retirement scheme works in Kenya

To understand the key difference between how a DB and a DC scheme operates, you simply have to look at the name.

Investments on education ins South Africa proving successful

Last year, the metric pass rates of the 10 schools rose to 92%, surpassing the national average of 75.1%.

Ethiopia’s Clean Energy Surge & International investment

This serves as a vital reminder that Ethiopia’s surge in clean energy projects are being heavily funded by western institutions and, to a great extent, rightfully so.

GNAT urges teachers to take advantage of Third Tier Pension Scheme

He was addressing members of the Volta Regional Charter of the Association in Ho during a workshop on the Scheme.

Nigeria’s pension revolution

PTAD will later transfer the information on the forms to its electronic database.

Capria Network to raise $200m by December 2018

Since launching in 2015, Capria has reviewed more than 450 fund proposals and partnered with 11 fund managers that form the global Capria Network

Zim to get $1.5bn package to boost foreign investment

Of the amount, $1bn will go towards the guarantees while the balance of $500m will go towards liquidity support.

The World Bank’s role in the systematic looting of Africa

A new World Bank reports documents the continent’s impoverishment by rampant minerals, oil and gas extraction — but the bank enforces policies that feed it

Now Ocorian to acquire biz services company in Mauritius

All 275 staff currently employed by ABAX will join Ocorian, the company said in a statement today.

Foreign investors in comeback on Zimbabwe Stock Exchange

Yes, it’s true that foreigners moved from a net selling position to net buyers after the inauguration of president Mnangagwa

Abraaj Group Denies It Misused Healthcare Funds

We are confident that the exercise being conducted by KPMG

Goodwell III hits final close

Goodwell Investments has reached final closing of its Goodwell III fund, raising €20m from over 30 investors for investments in inclusive economy in Sub-Saharan Africa.

Stokvel insurance: A potential South African phenomenon

While the above is of much assistance in defining what a stokvel is, it remains uncertain as to whether or not a stokvel is to be considered a juristic person.

The right partnership can help investors flourish in Africa

Apart from the political landscape, there is also a legal risk involved which may impact on an investor’s future ability to exit their investments or enforce their rights.

Kenya Eyes U.S.$9.6 Billion Pension to Fund Kenyatta's Big Four Agenda

The Retirement Benefits Authority has come up with guidelines for the PPP asset class which have been forwarded to the National Treasury.

African Development Bank approves ZAR 140-million loan

The Fund is designed to promote local currency bond issuers in high-impact sectors by providing technical assistance to facilitate corporates bond issuances and champion best practice across various domestic debt markets.

South Africa: All Systems Go for Premier Business Awards

The awards, which encompass ten categories including the investors and black industrialists award, will be held under the theme: Rewarding Business Excellence.

South Africa: Premier Business Awards to Honour Excellence

Now in their fifth year, the awards will take place under the theme Rewarding Business Excellence at the Sandton Convention Centre.

Mozambique power project financing ‘aims to attract new infrastructure investments’

The International Finance Corporation (IFC) is investing $55 million to support the close of project financing for Mozambique’s first gas-fired power plant to reach commercial operation.

ICD to launch $1 bln Africa infrastructure fund

The fund will launch with $105 million in seed capital and expects to close its initial round of fundraising in the first half of the year, the ICD told Reuters

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