Managers of Wealth Africa

New infrastructure fund launched to boost Africa’s growth

The proposed fund will be based in Ireland, and will benefit from Ireland’s various trade and investment agreements with African countries.

Kenya: Equity Bank Loosens Its Lending Strategy

Mr Mwangi said customers are attracted to a bank that can finance their ambitions

BNP Paribas de-lists its JSE exchange-traded notes

This should not be interpreted as the French bank exiting the JSE’s exchange-traded product market, a bank employee who requested anonymity as he is not an authorised spokesman said.

Finance firm says customers' personal data, investment values accessed in data breach

We are working tirelessly to deal with this matter effectively.

Japan Invites Africa, India To Use $4 Billion Investment Fund

Stating that Africa’s portfolio in JBIC is really too small with only 2.3%, Mr. Aida said that the Bank’s next focus is to invest more in Africa

Old Mutual gave 'manifestly unfair' advice to retiree

The transaction couldn’t be reversed because SARS was unwilling to assist

‘NICON Will Return To Zenith Of Insurance In Nigeria’

Claims settlement is the reason why we are in business

Kenya ripe for another international bond

East African nation floated the bonds in 2014 at a coupon rate of 6.8 percent for the 10-year and 5.9 percent for the five year security.

New Africa infrastructure fund launched by Sanlam and InfraSec

We are very positive about this strategic venture with InfraSec

Innovative impact fund targets African SMEs and producers

Savia will target SMEs that want to import manufacturing equipment and construction material

Rwanda Backs India-African Development Bank New Venture to Fund Agriculture

Rwanda puts aside more than $120 million of its annual budget for Agriculture transformation – a sector employing more than 85% of the country’s 11 million population.

Nigeria seeks lawmakers' approval for $1.3 bln loan for development bank

The cabinet last month approved the loans for the bank, but the loan facility is still subject to approval by the National Assembly.

Impact investment fund Secha Capital VCC launched in SA

It allows companies, trusts and individuals to deduct 100 per cent of the full amount invested in qualifying Venture Capital Companies from taxable income.

Asset managers lag banks in transformation Outdated statistics ought to be an indictment on the sector.

Outdated statistics ought to be an indictment on the sector.

PSG's Van Rensburg Again Receives Top Honours As Best Securities Wealth Manager

Brian van Rensburg of local stockbrokers PSG Namibia, has been named the company’s Wealth Manager: Securities of the Year. He received this accolade from the Chief Executive of PSG Konsult in South Africa, Francois Gouws (left) at their annual PSG c

IFC’s Jingdong Hua on how Africa can boost its capital markets

The theme for the conference was African Markets in a Shifting Global Landscape.

South Africa’s Sanlam increases stake in Moroccan insurer

We believe this holds significant mutual benefits for the two groups and it will also benefit our stakeholders.

Fraud costs insurance industry $165 million

The entire industry collects about $550 million a year and is losing close to 30 percent annually as a result of different fraudulent activities.

QNB Suisse SA appoints Societe Generale Securities Services in Ireland for its pioneer UCITS-compliant umbrella fund

SGSS in Ireland will provide a complete fund services offering to support the distribution of the sub-funds to investors throughout Europe.

Much to lose, much to prove for Old Mutual

Insurance giant is withdrawing from India to focus on its African assets as Sanlam and MMI pile in

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