Managers of Wealth Africa

Female owned businesses secured a larger share of loans in 2024 – Bank of Ghana

Similarly, loans to male borrowers and male-owned businesses rose modestly by 14.3 percent, from 8,782 in Q4 of 2023 to 10,037 in Q4 of 2024.

South Africa must take bold steps

Steps it could take to achieve this include wage discipline, accelerating reforms at struggling state-owned enterprises and tighter control of government procurement

Finance Minister Enoch Godongwana wants R300 billion more from South African taxpayers

The finance minister uses his Budget Speech to indicate the allocation of financial resources to the national government’s priorities.

Sequential decline in domestic debt service cost

The primary reason was a noticeable decline (-25% q/q) in the interest cost on FGN bonds

A m/m reduction in Nigeria’s gross official reserves

The decrease in January is significant, as it marks the sharpest attrition in the reserves position since Apr ’24

The start of the NHI in South Africa

Motsoaledi said that this was a deliberate and strategic move, ensuring that the chosen sites play a critical role in the scheme’s success.

Prudential considers listing India's ICICI Prudential Asset Management

It means Prudential is now focused on Asian and African markets.

World Bank Commends Zambia’s Reforms and Investments

Mr. Kibwe said the Bank also wants to explore how the partnership with Zambia can be strengthened.

The West African Development Bank “BOAD” leads the way in innovation

This transaction attracted significant and diversified investors driven by the strong credit profile of BOAD

South Africa's ambitious 3% growth target sparks mixed reactions

Economists argue that the SA economy is capable of even much higher economic growth than 3% if the right choices are made

Zenith Bank lists 9.67bn shares as equity market gains N477bn

This development comes as the Nigerian equity market opened the week on a bullish note, recording a N476.99bn gain in market capitalisation despite a marginal decline in the All-Share Index.

FBN Holdings stock gains 17.65%, emerges best performing tier-one bank

Closely following was Access Holdings, which gained 17.4 per YTD from N23.85 per share to close at N28 per share.

AfDB dissatisfied with $210m Nigeria agro-industrial zones project

It reveals that of the total loan amount of $210m, only 1.61 per cent has been disbursed as of December 2024.

Kenya's forex reserves hit new high on stronger shilling, high inflows

This surge, along with disbursements from the International Monetary Fund (IMF), has contributed to the buildup of foreign exchange reserves, according to Central Bank Governor Kamau Thugge.

Best investment middle-class South Africans can make

A Retirement Annuity (RA) in South Africa is a long-term investment product designed to help individuals save for retirement.

Tijani: e-Commerce Has Potential to Drive Nigeria’s Economic Growth, Trade Integration

So in terms of the challenges being faced by industry players, particularly in the area of infrastructure, is one of the reasons why we are gathered as stakeholders to proffer solutions.

Nigeria’s GDP per capita shrinks to $835 —IMF

GDP per capita measures the average standard of living of a country’s citizens.

Rude awakening for South Africa

Analysing the hourly demand and supply figures, the group said that there was a clear deterioration in available capacity from 27 January.

Reserve Bank probed over rand ‘manipulation’, and good news for FlySafair

The dollar last traded about 0.4% weaker against a basket of currencies.

FG to issue N758bn bonds to clear pension arrears

These liabilities, he explained, accumulated over the years due to periodic wage increases, and clearing them will grant long-overdue relief to affected pensioners.

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