Managers of Wealth Africa

South African manager registers three hedge funds in Caymans

The firm employs 25 investment professionals, organised into individual strategy-specific teams.

Barclays Africa enters Kenya life insurance market

Barclays Africa Group Limited has formally entered the Kenyan life insurance market with the launch of Barclays Life Assurance Kenya

AXA Group Of France Acquires Mansard Insurance Plc

The Nigerian Mansard Insurance Plc has been acquired by the France based AXA

Continental Reinsurance plans to bank on Africa’s construction boom

Nigerian company Continental Reinsurance plans to double premium income from its property and engineering business

Ghana advised to join Asian Bank

A retired diplomat, Dr Daniel N. Kotei has advised Ghana to join the Asian Infrastructure Investment Bank since it presents better and flexible opportunities than the International Monetary Fund.

Barings identifies growth in MENA region

In particular, companies that offer exposure to structural growth sectors such as private healthcare and firms engaged in the provision of education and training as well as consumption represent strong opportunities

Belvedere update: Guernsey FSC places three funds into administration

The three fund companies are all managed by Lancelot Management; a Guernsey registered collective investment schemes manager.

West Africa Bourse To Get Two More Listings This Year - CEO

The exchange, which serves the eight countries that also form the West African CFA franc currency union, currently has 39 companies listed, the latest being Total's Senegalese subsidiary.

Standard Bank Looking to Finance Investment Projects in Ethiopia

Standard Bank operates in 32 countries worldwide, 19 in Africa.

Continental Re to double premium income $80 million

Nigeria’s second-largest insurer opened a branch in South Africa

FirstRand picks banks as it revives dollar-bond plans

Lender last sold dollar debt in June 2011.

Nigeria: SA Insurance, SA Life Set to Merge

He disclosed that the corporate action was further being taken with a focus on "delivering superior returns to the shareholders

Nigerians Buy Up London Luxury Property

Luxury property agents in London reveal that Nigerians are the biggest buyers in the London luxury property market among other Africans, having spent for their new glamorous homes in British capital nearly $400 million in the last three years.

Bank debt splurge pushes South Africa bond sales to 4-year high

As the four biggest lenders sought to refinance maturing securities and meet international rules on liquidity.

Bamboo Finance Announces the First Close of Financial Inclusion Fund II

Over the last seven years Bamboo Finance has built one of the largest and most diversified portfolios of financial inclusion private equity investments; representing 31 companies, 22 countries, $195 million and a track record of successful exits.

Alexander Forbes eyes Ghana and Tanzania

SA’s largest retirement fund administrator, Alexander Forbes, has announced it is working on making an acquisition in Ghana within a year.

Japan to help train 350,000 people in Asia, Africa says Abe

Specifically, Japan plans to assist the promotion of the Japanese "kosen"

Insurers and banks look to start-ups

NEW entrants in the financial services sector are attracting companies to consider joint ventures with the technology start-ups to stay competitive, while they also compete globally to retain their top people.

Mauritius Ponzi Probe Risks Extending Africa’s Worst Stocks Rout

A selloff that made Mauritius equities the worst performers in Africa this year risks deepening as a probe into an alleged Ponzi scheme involving one of the Indian Ocean island’s banks and insurers damp investor sentiment.

Redefine all set for August takeover of Fountainhead

Redefine Properties, SA’s third-biggest real estate investment trust, hopes the takeover of Fountainhead Property Trust will be finalised by August

Alternative Investments