Managers of Wealth Africa

Bob Diamond agrees second African banking venture

Former Barclays boss signs memorandum to acquire commercial assets of Development Bank of Rwanda on the 20th anniversary of Rwanda's genocide

Marriott Targets Nigeria, 15 others, after Protea Acquisition

Marriott on Wednesday concluded a deal announced in January to buy Cape Town-based Protea for about $200 million.

SA property trumps global counterparts

Analysts say the fact that South Africa’s commercial property sector has emerged from the global downturn in better shape than many others is a testament to the asset management skills of local property owners.

Equity firm Carlyle eyes North Africa deals

The Middle Eastern investments of US private equity firm Carlyle have benefited from a rise in government spending since the Arab Spring uprisings.

GSK Poised For Increased Investment In Africa

Citing Africa’s long-term growth potentials, CEO of British drug-maker, GlaxoSmithKline, says the multinational is set to invest millions in manufacturing and drug research on the continent.

Private equity fund manager Partners Launches Africa Property Fund

Private equity fund manager is set to start a second property fund which will invest $250 million in Nigeria and other African countries’ urban real estate.

SA listed property looks offshore

We also like Hyprop's strategy of venturing into the rest of the African continent through its tie-up with Atterbury

JLL ranked top real estate investment broker in Europe, Middle East and Africa

With over €20 billion reported sales in 2013, JLL was ranked top by investment volume across all major sectors: office, retail, industrial and hotels by RCA .

Citadel eyes major infrastructural investments in East Africa

Investment firm Citadel Capital, is eyeing major investment opportunities in regional cement, agribusiness, energy, transport and mining sectors.

Old Mutual Completes Faulu Microfinance Deal In Kenya

Old Mutual PLC Tuesday said its transaction to acquire a majority share in Faulu Microfinance Bank Ltd, the deposit-taking microfinance business in Kenya, has become unconditional.

Rand bonds beating emerging-market peers in EMEA region

More gains are in store as the rand rallies.

SA: Conflicts plague pension fund adviser

In a case of clear and avoidable conflicts of interest, financial services company Riscura, which, among other things, advises major retirement funds on investments, has raked in millions of rands from asset managers it has recommended in the past.

Lamudi urges further investment in emerging markets

African Internet Holding’s online real-estate startup Lamudi has responded to warnings of slow growth in emerging markets, saying that selected emerging markets remained promising locations for business investment.

China Development Bank, Société Générale Reach Africa Pact

State-owned China Development Bank, which lends across the world on behalf of Beijing, signed its second pact in a week with a Western bank to cooperate in Africa.

Fund managers wary of betting on local equities

For he first time since 2002, South African fund managers are wary of investing in local equities as they expect negative returns.

Top 10 Real Estate Locations In Nigeria

“If you’re not going to put money in real estate, where else?,” quips Samir Tapir who invested most of his money in New York real estate in the 1990s and subsquently became a billionaire in 2002.

South African property delivered a stable 15.3% total return in 2013

The IPD South Africa Annual Property Index shows that the South African investment property sector delivered a stable 15.3% total return in 2013.

UBA Subsidiaries Named Best Emerging Market Banks In Africa

Three United Bank For Africa subsidiaries, UBA Burkina Faso, Cameroon and Senegal have emerged World’s Best Emerging Market Banks in Africa

Barclays, CDB scout for deals in Africa

Barclays and the state-run China Development Bank Corporation have rewritten their long-standing partnership to include deal-making in Africa, providing further evidence of China's ambitions on the continent.

Standard Bank set to list first South African palladium ETF

Precious metals ETFs, which issue securities backed by physical metal, have proved a popular way to invest in the sector

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