Managers of Wealth Africa

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.

Source scoops Nomura Emea equities head

Ide, formerly chief executive at Old Mutual Global Investors, joined Source in March this year following the departure of founder and CEO Ted Hood last year.

Ecobank and Old Mutual introduce retirement savings plans

A lot of time too our salaries are loaded with allowances, so we develop a lifestyle based upon our salary plus the many allowances that we receive.

Short-term insurers fighting for the same customers

While most South Africans remain uninsured.

Zimbabwe: Chinese FDI Skirts Zimbabwe

China has been a key ally of Zimbabwe during the past two decades when capital from western and European states declined over a diplomatic standoff, now in its 16th year.

Geldof's fund eyes more African investment

In Ethiopia alone, the firm was looking at five projects, he said in Addis Ababa, where he was attending an event organised by his winery.

South Africa views Iran as a strategic trading partner

As of 2015, total trade between the two sides stood at R358 million.

Temenos T24 core banking system to underpin newly-merged Malawian bank

MSB will be ditching its previous provider, Neptune Software, and its Rubikon system.

Family Bank Plans Share Sale to Fund East African Expansion

A replacement for Munyiri, whose contract expires in June, hasn’t yet been named.

Zambia: Pangea Securities Plans Masika Grain Fund

Mr Siwale said that an agriculture company would offer its warehouse receipts as collateral to the investors

Pension funds blind to charms of private equity assets

This is the main finding of a report issued this week by the South African Venture Capital and Private Equity Association and the Council for Retirement Funds of South Africa.

"Many Moroccan companies refocus their activities to the South"

King Mohammed VI has pushed for these improvements in Morocco’s business environment, and the Palace’s vision has been adopted by the Moroccan private sector

Iran, S Africa to form joint bank

The Iranian economy minster highlighted “one Iranian bank is seeking to set up a joint bank in South Africa.

Kenya forced Chase Bank into an “arranged marriage”—but it still has way too many lenders

Analysts believe this will inject much-needed confidence into the banking sector.

‘Nigeria’s pension fund to hit N20tr’

In a paper titled: “Investment of Pension Funds, Processes- Challenges, Risks and Rewards,” she highlighted some consideration and review of existing engagement rule to create opportunities for investment in critical areas in the economy.

Nigeria: Access Bank Launches 'Accessnolly' Fund

The Nigerian film industry is the third largest film industry in the world with annual revenue of $200 million

Pensions firms in Kenya urged to diversify their investments

The Capital Markets Authority and RBA are developing criteria for Private Equity Funds.

Ashburton Investments launches first inflation-linked, green debt investment

Moving beyond pension funds, this asset class may hold advantages for long-term insurers wishing to benefit from the so-called matching premium adjustment that arises under the new insurance regulatory regime known as Solvency Assessment and Management.

Exchange-traded Funds: gaining ground

The Stock Exchange of Mauritius (SEM) allows for the local listing of ETFs.

Alternative Investments