Managers of Wealth Africa

Red flags for South Africans earning over R20,000 per month

The combination of high inflation, stagnant income growth, and the steep cost of borrowing has pushed many to rely on unsecured loans to cover daily expenses.

How much money you need to retire in South Africa

Personal finance experts generally recommend that individuals should aim to replace at least 75% of their final income at retirement to maintain their standard of living.

Green Bonds can attract investors to Ghana’s Financial Market — Fidelity Bank boss

With the right policies and collaboration, collaboration his belief that green bonds could “create social good while driving long-term value.”

NGX maintains bullish as investors gain N271.6bn

Investors capitalized on this positive momentum, pushing the market capitalization of listed equities to N55.44 trillion, an impressive gain of N271.61 billion for the day.

R5,000 per month pain for homeowners in South Africa almost over

According to Lightstone’s data for the first quarter of 2024, the average property value in South Africa stood at R1,377,014.

Africa Prudential declares N791m profit

Giwa mentioned that the company’s earnings per share for the period reached 39 kobo, while profit before tax stood at N1.13bn.

Ecobank Launches Custody Business in Nigeria

Custody services are already being offered in some other countries where Ecobank has operations

A Solution To South African Unemployment And Economic Growth

SMMEs have played a crucial role in democratizing the labor market and driving inclusive economic growth.

FG plans fresh $100bn investments

The two government officials spoke at the National Economic Dialogue 2024 organised by the Nigerian Economic Summit Group on Wednesday in Abuja.

Nedgroup Investments outsources to Northern Trust

Northern Trust will support Nedgroup Investments with its new fixed income platform through its Integrated Trading Solutions (ITS) offering.

Relm expands global presence

Relm’s Dubai-based affiliate has a licence authorised by the Dubai Financial Services Authority.

Development cooperation must focus on areas driving Africa’s growth – Akufo-Addo

To achieve the continent’s transformation, it is imperative to target structural reforms that address the root cause of underdevelopment

Global investor appetite for listed securities increases in first half of 2024 —WFE

Compared to the previous half, WFE said Initial Public Offers (IPOs) fell 24.2 per cent.

7 ‘game changer’ developments for South Africa

The diversification provides a more consistent cash flow and mitigates risks linked to market fluctuations.

Morocco's business resilience: four companies in the Forbes top 100

With a strong showing, the Moroccan kingdom reaffirms its position in the MENA corporate sector

Govt faces funding challenge — Treasury bill auctions underperform

For the auction held on August 2, the targeted amount fell short by over GH¢560 million as the government raised GH¢3.80 billion against a target of GH¢4.36 billion.

New government bank for South Africa is coming

The DWYPD outlined its plan for the bank in March 2024, where it provided a timeline and implementation plan for operations.

Afreximbank and Uganda Development Bank sign project preparation financing agreement

Mr. Maitum noted that several transformative project ideas remain unimplemented in Uganda due to the limited availability of technical and financial support to ensure Bankability.

Apex Group to administer first of a kind climate fund to boost green investment

The fund will allow institutional investors to participate in the equity of established utility-scale renewable energy projects in African markets.

South Africa infrastructure spend plans soar as energy woes ease

The value of announced new projects jumped to an annualised R793.7bn in the first six months.

Alternative Investments