Managers of Wealth Africa

We are interested in increasing stake in Shriram: Johan Van Zyl, Sanlam

Our relationship with Shriram started in 2005

BGL Partners South African Firm for Market Expansion

In the terms of the agreement, the companies would also seek to co-invest in business ventures or assets with clear exit strategies across Africa.

SA banks gain interest from foreign investors

Three of South Africa’s five major banks reported stronger return

SA banks gain interest from foreign investors

They had been "aggressively" buying consumer stocks from 2009 to 2012, while last year they were more selective in their choices.

Lendico launches peer banking

South Africa’s second peer-to-peer (P2P) digital lending platform has arrived, allowing local investors to directly fund the loans of private individuals.

Vunani, BGL form Pan-African banking alliance to enhance presence in West, Southern Africa

Vunani Limited, a Financial Services Group listed on Johannesburg Stock Exchange Alternative Exchange and BGL Plc, Nigerian Financial Services Group, have signed a cooperation agreement whereby they will seek to jointly originate and execute cross border

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.

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