Managers of Wealth Africa

Oakbay’s shrinking net – more SA companies join Gupta exodus

Companies began cutting links with the Gupta-owned companies in December last year when Barclays Africa’s retail banking business

Investec AM heads $670m Emerging Africa Infrastructure Fund

The private sector has a crucial role to play in unlocking the conditions for the sustainable, long-term development of Africa’s infrastructure.

The Ethiopian Firm Bringing Angel Investors To Africa

Impact investing puts philanthropy in a different light

Launch of CoreShares S&P 500 ETF and CoreShares S&P Global Property 40 ETF

The CoreShares S&P 500 ETF will track the Vanguard S&P 500 ETF which invests in stocks of the S&P 500 Index, representing the top 500 U.S. listed companies.

TNM and Old Mutual launch mobile investment wallet

Mpamba Fesa is easy and convenient to work with as it eliminates red tape.

Zambia: African Life Rebrands to Sanlam Life Insurance

Sanlam has the expertise and experience to add value to the life insurance business in the country

TMEA Launches a Fund Worth $7.6 Million To Support Logistics Businesses in East Africa

According to Anataria Karimba from TMEA-Rwanda, this is a chance for private businesses to get financing for their ideas that will reduce transport costs and boost trade in the region.

Govt not utilising N1tr pension fund for infrastructure - PenCom

PenCom attributed the development to non-availability of investment instruments that qualified for pension investment as stipulated in the Investment Regulations issued by the Commission.

South African investment firm RMB Holdings to buy stake in Mall of Africa developer

RMB Holdings said in a statement it aimed to use Atterbury to spearhead its retail and industrial property business.

Citigate launches Sierra Leone diamond project

The announcement was made at a gala event, at the Ritz Carlton DIFC, and was hosted by Citigate International CEO Tohib Iyiola. The event also celebrated the first anniversary of the company's Dubai office.

Private Equity Firms Bid Up Africa M&A Prices on Record Funds

Private-equity companies amassed $4.3 billion for investments opportunities in Africa last year, the most in six years, with investors attracted to consumer-facing companies as improvements in access to financial services and mobile technology open up mar

Property business will be notable next to FirstRand – RMH

Rand Merchant Bank Holdings announces foray into property.

RMB Holdings Buys Atterbury to Enter S. African Property Market

The acquisition of Atterbury marks the first major deal by RMH since the company spun off its insurance businesses into Rand Merchant Investments Holdings Ltd. in 2011.

Peru to strengthen trade and investments in South Africa through expansion of UAE Trade, Tourism and Investment Office

Exports from Peru to South Africa have grown by 114% since 2013.

Mauritius Commercial Bank to launch ETF for Indian government securities

For the first time, overseas retail investors will get an opportunity to invest in Indian GSecs via an exchange traded fund," he said. "MCB is the largest bank there.

Pension funds urged to invest in profit-generating projects

President John Magufuli has directed pension funds to invest in profit-driven projects, including industries, where profit and employment opportunities will be created instead of focusing on infrastructure development.

NSIA retains best transparent African Sovereign Wealth firms’ rating

It tops the joint second category, which includes the United States (U.S.), France, South Korea, Malaysia, Brazil and the UAE.

Your aid helps fashion giants: Just when you thought you'd read all about foreign aid waste... the astonishing story of how UK money funded factory clothing catwalk queens

A Mail on Sunday investigation has discovered that The British Council provided cash for two disastrous projects at God’s Little Tannery, which is on the northern boundary of the sprawling city of Kano in northern Nigeria.

Bankers urge Ghanaians to take on retirement plans

She spoke to Joy Business at the launch of the Ecobank Retirement Savings Plan, which is a partnership between the bank and Old Mutual Ghana.

Sales of private equity firms across Africa at nine-year high

EY and the African Venture Capital Association’s fourth annual analysis of the private equity industry showed that 44 private equity companies were sold across the continent last year, an increase on 2007’s 34.

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