Managers of Wealth Africa

Africa private equity fundraising to fall this year - association

The value of private equity deals in Africa dropped to $2.5 billion last year from $8.1 billion in 2014, though there were more deals worth less than $250 million.

Huge trade finance opportunities in Africa

We really believe that the labour force from a cost perspective is becoming increasingly competitive globally.

African Investors Show Appetite For South Africa’s Property Market

New World Wealth indicates a continuous rise in the proportion of African buyers who made up 24 percent of all foreign investors in the local residential property in 2015, as opposed to just seven percent in 2007.

Liberty customers demand value for money, says CEO

Insurer elects to discontinue its rewards programme.

Africa’s Richest Woman Draws Scrutiny Over Source of Wealth

The economic situation today is difficult,” said Isabel dos Santos

FirstRand Unit Says Currency Curbs Cap Nigerian Investments

The situation looks unlikely to change “until we see more foreign currency availability or an exchange rate at the level where the market wants to clear,’’ he said in Lagos, Nigeria’s commercial capital.

UK firm raises $3m for investments in Mozambique

It says part of the funds will go to the construction of two kilns to dry timber and developing a new sales and distribution centre in Maputo.

Egypt opens Africa summit to boost investment

Analysts say that despite their growth, African economies still account for about only two percent of global trade.

Frontier Strategy Group: Mauritius ranked first in the resilience to external shock index.

Frontier Strategy Group, developed a Sub-Saharan Africa Resilience to External Shocks Index.

African Private-Equity Deals Shrink as Funds Reach Record Closes

West Africa’s portion of transactions remained stable at 25 percent, while South Africa’s decreased to 15 percent from 24 percent.

Private equity remains best bet for SA startups

It found the South African private equity industry delivered a ten-year internal rate of return of 20.7 per cent in September 2015

FirstBank’s DMD leads discourse on financial inclusion

The two-day event will convene a panel of speakers – all senior bank executives from over 20 countries, to discuss and share ideas on the best ways of building retail financial services in the African region.

Foreign investors to increase stakes in Nairobi's real estate

We have seen rising interest in Africa from an increasingly diverse range of international investors, developers and occupiers in recent years.

Old Mutual finds synergy with an upgraded Group Intranet

With enhanced social, search and community capabilities, the latest version Old Mutual's Group Intranet enables employees across the globe to discover improved ways of working together.

Dubai chamber's report highlights opportunities in Africa for Gulf investors

The report said the financial sector of Africa also offers opportunities for UAE and Gulf banks, since inadequate access to financial services, including banking and insurance, has long been a barrier to development in Africa.

AMCON set to sell Keystone Bank

This came a year after the corporation had sold Mainstreet Bank Limited to Skye Bank Plc, and Enterprise Bank Limited to Heritage Bank.

Life insurance in an instant

With a customer base of 15 000 mostly between 35- and 45-years old, Instant Life services the “missing middle”, says McLachlan.

SBM of Mauritius in Talks to Acquire Kenyan Bank, Chairman Says

SBM, which already has a presence in India and Madagascar, plans to double in assets and net income by 2020 under a plan initiated last year.

Rwanda open visa policy spurs investment

Opening up a country’s visa regime is a quick-win on development that remains untapped

Angels of world investment gather in Istanbul

The World Business Angels Investment Forum 2016 brings together the world's best small and medium-size enterprises and public and corporate early-stage market players to collaborate on ways to improve the global entrepreneurial landscape

Alternative Investments