Managers of Wealth Africa

IOCs to invest $20bn in Nigeria –FG

For over a decade, the non-passage of the Petroleum Industry Act and inconsistent policies had driven investments away.

South Africa’s new bank — and its fight against Capitec

Once it has passed the tests, OM Bank will fully integrate into the National Payments System.

Empowering Nigerians to Invest Securely and Grow Wealth: Lifeboat Capital Launches in Nigeria

In a challenging economic climate, traditional banks often provide minimal interest on savings, using the funds to generate profits for themselves.

Expert makes 18 predictions that would shape real estate in Africa

Dr. Akwensivie who is also a valuation and estate surveyor, legal practitioner and researcher, indicated that real estate in Africa is fast developing due to dynamics such as changing tastes, advancement in technology and access to finance.

South Africa is about to turn the corner

The Johannesburg-based money manager said he became more bullish on South African stocks about two months ago

A m/m decrease in DMO’s auction sales

The sales outcome in May is the lowest made so far this year.

A modest m/m rise in FAAC distributions

The m/m growth in distributed revenue also marks the largest increase in gross distributions since the 20% m/m gain in Nov ’23.

African Development Bank’s Adesina highlights Africa as the world’s best investment destination at BADEA’s 50th anniversary

Adesina further highlighted the resilience of African economies, “despite the challenges posed by climate change, geopolitical tensions, global inflation and rising debt, among others.”

How much you would have if you invested R1,000 in Discovery, Netcare and other health stocks – after the NHI bombshell

Additionally, although the signing of the controversial bill impacted South Africa’s JSE-listed hospitals, the lack of growth in medical aid is a growing concern.

Big turn for South Africa’s financial markets

The rand is one of only five emerging-market currencies to strengthen this year.

Africa's Venture Capital landscape faces challenges

Eghosa Omoigui from EchoVC shared this insight.

National Health Insurance is now law in South Africa

The laws have faced vehement opposition from the healthcare sector in South Africa, as well as from business groups, unions, workers and legal experts.

Locked-Up Investment Holders clash with Deputy Finance Minister during picketing

He said the Minister promised to forward their petition to the Minister of Finance for the necessary action.

Top 10 African countries with the largest private infrastructure investment

For decades now, a great deal of low- and middle-income nations have had to manage inadequate infrastructures, limiting their economic potential.

Global headline inflation moderate but still above long-run target

However, inflationary pressures have been somewhat sticky in the US. Headline inflation in the US

Steady growth in insurance premium income

According to the data, the gross premium of the industry increased

Sovereign Wealth Fund Boosted By $94.2M in Q1

The instruments needed to make the Fund operational have already been concluded by the government

Bank of Africa teams up with Bank of Palestine to boost economic ties

The partnership aims at boosting trade and investment flows between Morocco and Palestine

South Africa’s biggest companies trust Codehesion with their software and app development – This is why

Its areas of expertise include custom software development, mobile application development, design, maintenance, project management, team augmentation, and training.

Equity market opens May with N303bn for investors

This marked the second consecutive day of positive trading on the local bourse.

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