Managers of Wealth Africa

LSE Elite programme launches in Morocco

Today’s launch is also testament to Casablanca Stock Exchange’s commitment to supporting Moroccan SMEs

Zimbabwe runs out of cash - again

Central bank governor John Mangudya appealed to the public this week to limit their use of cash and opt for plastic money.

Corporate South Africa turns its back on Zuma friends

Zuma has denied numerous allegations of the Guptas wielding undue influence.

Kenya Launches Roadshow For Second Eurobond

There are expectations that investors will question alleged misuse of funds from a $2 billion Eurobond, with five and 10 year maturities, the country raised in June 2014.

‘Set up gold reserve bank’

Economic citizenship is when an individual goes through the process of naturalisation in a second country on account of his/her financial investment into that country’s economy.

Africa watches as Kenya prepares to test Eurobond waters

Despite the difficulties, some African Eurobonds have been outperforming, thanks in part to the bounce in oil and metals but also on the back of some potential turnaround stories, something all investors love.

SIA says sovereign wealth fund assets grew by 20% to $1.07 bln in 2015

The report said 2015 was a "difficult year" but the SIA had "managed to protect its capital in a harsh and volatile market environment".

Congo formalises Afreximbank membership to boost intra-African trade

In 2013, Afreximbank had disbursed over $ 220m to Congolese entities, says Afreximbank’s president

Kenya: K-rep to Re-Brand to Sidian Bank From April

K-rep bank plans to invest at least Sh750 million of which Sh400 million will be used to revamp its information Technology systems

Ashburton’s first hedge fund nimble and flexible

Strategies include fundamental long/short equity, relative-value pairs, event-driven strategies and short-term opportunities.

London Stock Exchange launches Africa Advisory Group

The London Stock Exchange Group (LSEG) held the inaugural session of its new Africa Advisory Group on 21 March.

S. Korea to expand fund for African cooperation by US$600 mln

Yoo said South Korea is ready to share its experience and know-how on economic development with African countries and seek opportunities to help them develop their potential.

Nigerian businesswoman: A cut above in macho world of diamonds

There, she enrolled at the internationally renowned Hoge Raad Voor Diamant school to hone her skills.

Expand fund for African cooperation by US$600 mln

South Korea will inject a fresh US$600 million into its overseas cooperation fund by 2018 to help African countries launch massive infrastructure-building projects, the finance ministry said Monday.

South Africa: Zuma Sings SA's Praises to Saudi Businessmen

This included collaboration in skills and technology transfers, strengthening of trade insitutions and co-operation between the governments and the private sectors of South Africa and Saudi Arabia.

Santam to target emerging markets

In the period under review, Santam, now headed by Lizé Lambrechts, posted gross written premiums of R24.3bn

Equity Bank eyes Barclays Africa stake

Barclays Africa Group, which is listed in Johannesburg Securities Exchange, has a market capitalisation of Sh724 billion

African Bank to partner with Sanlam on insurance

Plans to offer stokvel product, transactional banking.

Ethiopia: South African Companies Keen to Invest Here

Inspired by such a situation, companies from one of the leading industrial based economy South Africa are ready to do business here.

Leading South African fund administration business changes hands

Adds over 140 employees based across South Africa and Malta

Alternative Investments