Managers of Wealth Africa

Arab investors target Kenya’s tourism sector

Overall, Dubai saw a 13.7 per cent increase in travelers from these three East African countries last year.

Islamic Development Bank opens Nigeria office

The group’s presence in Nigeria, he said, would strengthen socio-economic, technical and commercial cooperation between the bank and member countries in Africa.

Spain looms as offshore magnet

SPAIN next frontier for South African property funds

Gold’s Revival Gives Life to Market-Beating South African Fund

The six-member FTSE/JSE Africa Gold Index has surged the most on record over the past 12 months as easy monetary policy and events like the U.S. presidential election campaign and Britain’s looming exit from the European Union drive demand for haven

Financial services: Surprises from life

Even Liberty’s rock-solid individual arrangements business had an 18% fall in earnings.

This suburb in South Africa has seen property prices rise by a staggering R2 million over the past year

The average sales price is up considerably, from just over R4.9 million for the previous 12-month period to about R6.3 million, Seeff said.

Iress publishes half year result with profit increase

The reported results of South Africa and the United Kingdom were negatively impacted by foreign exchange movements during the half.

Insurer rebrands to Sanlam Kenya, eyes more product offerings

This is over 100 times that of PAIHL by close of 2015 (Sh8.64 billion).

Islamic finance putting farming business on a firmer ground

The structure allows the seller of the specified goods in terms of quality and quantity to undertake to deliver the same at an agreed future date against the upfront payment of the full price.

Norway-Backed Fund on Hiring Spree in Africa Finance Venture

Arise will start operating in January with investments in 20 African countries and enough funding to be able to reach almost $1 billion of assets within five years, said Deepak Malik, the southern African head of Norfund.

Rwanda: Germany to Increase Support to Rwanda to €75 Million

Other areas of support are decentralization and good governance, economic development and Public Financial Management reform.

Stanbic IBTC to Float New Exchange Traded Fund

The NSE Pension Index monitors the top 40 most capitalised and liquid companies in the market.

Nigeria, South African firm seal N224.17b agric, real estate deal

The aim of the agreement is to improve Nigeria’s food security and promote rural economic development to capitalise on the growing opportunities that the Nigerian agricultural industry provides.

Tanzania: Social Security Funds Told to Hasten Job-Creation Reports

It was high time they also restored the region's former position as a hub of factories in the country.

Rockcastle aims for even direct and indirect investment split

The company originally owned shares in various other property stocks but has been investing directly in built properties and developments, with most of its attention being on Poland, one of the faster growing economies in Europe.

Dealwatch Africa: Retail retains its African attraction

An initial round of equity financing totalling around EUR 60 million will be completed after customary conditions precedent are met.

As Kenya Prepares to Float a Green Bond, Here's What It Is

The bond will be floated following collaboration between the Kenya Bankers Association (KBA) and the Nairobi Securities Exchange

Roche, Old Mutual Partner on Insurance Product for Terminal Illnesses

Lack of funding was identified as a major contributor to the high mortality rate, as patients are unable to pay for adequate care, often resulting in financial catastrophe for many middle income families.

Kenyan banks set for first bond to fund green investments

The collaboration between the KBA and the NSE is in line with the Exchange’s commitment to develop sustainable capital markets through the United Nations-led Sustainable Stock Exchanges Initiative.

South Africa’s Richest Man Buys Stake in Diamond Miner Trans Hex

The company’s shares were halted from trading on Aug. 5 pending the offer.

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