Managers of Wealth Africa

Banks drive SMEs’ funding, entrepreneurship

The economies of great nations thrive on the strength and capabilities of their Small and Medium Enterprises

Sanlam to invest around $100 million to acquire 23% in Shriram life and non-life ventures

Sanlam's Group Chief Executive Officer Ian Kirk feels India will be the fastest growth market for the company

Emerging markets help Sanlam grow new business volumes

Sanlam is also eyeing growth in India.

JHI scoops Old Mutual contract

JHI was recently awarded major contracts by Liberty Group, Delta Property Fund and Investec Property Fund.

Nautilus Managed Account Platform selects SGSS for its hedge fund platform in South Africa

The appointment follows the decision by the Financial Services Board in South Africa to extend the scope of funds regulated by the Collective Investment Scheme Control Act to include hedge funds.

Nigeria’s pension funds now worth N5.4 trillion

The theme of the conference is,“ Deepening Nigeria’s Capital Market through Maximum Utilisation of Pension Funds.’’

Allan Gray backs Old Mutual CEO payout

Hemphill, who joined the company in November last year, said in March he would separate the London-based company into four separate businesses by 2018

BancABC launches intra-Africa regional banking campaign

BancABC has embarked on an intra-Africa regional banking campaign which intends to explore business opportunities, expressing optimism that Tanzanian businesspeople have a greater chance to reap benefits.

SANNE’s deal to acquire leading South African fund administration business completes

Being part of a leading specialist global provider of outsourced administration with a strong alternative asset expertise will also mean that we can add value to our clients

African Philanthropist Tony Elumelu Woos French Investors To Nigeria

The event held at the Palais de Luxembourg in Paris, France late last month and had more than 4,000 leading French entrepreneurs in attendance.

Investec Plans to Raise 145 Million Pounds to Boost Capital

“It is an appropriate time for us to make the tender offer for the preference shares,” Chief Executive Officer Stephen Koseff said on a conference call.

Green Power Investing Brightens Returns in Ailing South Africa

“The majority is long-dated debt linked to inflation, so it suits the liabilities of pension funds and insurers.”

Which Roseland Peninsula hotel has been sold to a South African equity fund?

The group purchased Fowey boutique hotel, The Old Quay House in September 2015 for a reported £2 million.

Africa Month: Old Mutual ups equity stake in UFF African Agri Investments

The UFF and Old Mutual partnership is a signatory to the principles of responsible investments in farmland.

Tunisia: BIAT signs partnership agreement with BSIC Group

With a network present in 14 countries, the partner will provide the necessary local support.

Why KwaZulu-Natal is a hotspot for international investors

Over the years not only have investments in solid bricks and mortar achieved excellent returns, the South African property market has emerged into the global arena as a safe haven for overseas investors.

AfDB Plans to Expand Its Trade Finance Portfolio Across the Continent

According to research by the AfDB, African banks face numerous constraints in meeting the demand for trade finance.

South Africa’s equity-centric hedge funds survive rough April in the black

In contrast to the preceding month, this positivity was not strong enough to lift all sectors and results were mixed.

Old Mutual EM unit moves into West Africa with ETI deal

Old Mutual Emerging Markets has teamed up with pan-African banking group Ecobank Transnational Incorporated as part of a move to expand its operations into French-speaking nations such as Senegal and the Ivory Coast.

Access Bank, WAPIC And Ghana Life Collaborate On Bancassurance

Access Bank Ghana has partnered Wapic and Ghana Life Insurance companies to launch innovative insurance products for consumers in Ghana in line with its strategy to build capacity in retail banking.

Alternative Investments