Managers of Wealth Africa

Ivory Coast sells $1bn bond in African debt test

The deal was an important test of appetite for African bonds, which has soured somewhat after a number of issues in recent years.

Nordea Capital launches Income Growth Fund

Launching the Fund, Dr Ato Essuman, said mutual funds help investors to generate better inflation-adjusted returns without time and energy.

Liberty sets aside more than $87 million for African purchases

Liberty Holdings Ltd., the insurer controlled by Standard Bank Group Ltd., said it has more than ZAR 1 billion ($87 million) to make acquisitions in Africa and plans to raise more funds if needed.

AfrAsia Bank Zimbabwe timeline: from iconic bank to financial washout

AfrAsia BANK Zimbabwe on Tuesday surrendered its operating licence, marking the end of an iconic institution previously known as Kingdom Financial Holdings and a poster child of Zimbabwe’s liberalised financial services industry in the 1990s.

Kwanji FX Initiates Partnership with East Atlantic, Targeting Emerging Markets

Kwanji, an FX B2B international trading platform, has launched a strategic partnership with global payments and treasury solutions provider

Bob Geldof's 8 Miles fund buys stake in Ugandan bank

Bob Geldof's African private equity fund said on Tuesday it has acquired a 42 percent stake in Orient Bank, a medium-sized Ugandan commercial bank to tap into a growing economy and a largely unbanked population

Thomson Reuters Hosts 4th Trading Africa Summit in March

Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced that the 4th Trading Africa Summit will take place on March 4th & 5th in Cape Town, South Africa

Cote D'ivoire to Launch Eurobond

Joining CNBC Africa for more is Samir Gadio, head of Africa strategy at Standard Chartered Ban

Virgin Active warms up to Johannesburg IPO

Virgin Active has hired South Africa-based Standard Bank Group Ltd to list the British health and fitness chain on the Johannesburg Stock Exchange

African bond index launched by AfDB and Bloomberg

Bank announced last year it will expand its financial support to Egypt

Morocco's Attijariwafa Bank in talks to buy remaining SIB stake

Morocco Attijariwafa Bank is in talks with the Ivory Coast government to buy an additional stake in Societe Ivoirienne de Banque (SIB), its chief executive officer said on Thursday.

South Africa’s Second Stock Exchange Planning for October Debut

Rules in July that changed how over-the-counter trading can be done in South Africa opened the door to a group of companies led by Bravura to set up a second exchange.

South Africa’s Bravura Applies for Second Bourse Rivaling JSE

Bravura Equity Services (Pty) Ltd. is working with a group of international partners to apply for a license to operate a stock exchange in South Africa that would rival the 128-year-old Johannesburg Stock Exchange.

Namibian pension fund invests heavily in local markets

Regulation 28 seeks to curtail capital flight from the country and encourage domestic investment.

After Old Mutual entry, what next for UAP

Old Mutual are our strategic investors and also our shareholders

Breaking the bank: Bitcoins hit Africa's money transfer traditions

CNN Marketplace Africa covers the macro trends impacting the region and also focuses on the continent's key industries and corporations

Equity banking group cross-lists in Rwanda

He asked the group to take advantage and leadership of the capital markets integration initiative because of the success of business they have had over the last few years which has been able to enhance the welfare of very many people.

Tanzania: Real Estate Tops List for Badea Funding

The situation in the country is perhaps as good if not better than it has been in the past two decades

Zambia: Kapumpa Markets Zambia in Korea

KRX Senior Vice-President for Emerging Market Development Steve Dae-Chun Kim said his Exchange was ready to partner with LuSE.

Atlas Mara completes acquisition of shares from former executives

ATLAS Mara has completed the acquisition of the remaining 414 455 shares held by three former BancABC executives who left the institution at the end of December

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