Managers of Wealth Africa

African Billionaire Eyes Caribbean Investment

Elumelu indicated that he would meet with politicians on his visit to Jamaica later this year, at an unspecified date, in furtherance of his interest.

Here’s how much money South Africans are saving for retirement

South African households do not save sufficiently for retirement nor their short-to-medium-term needs, the National Treasury said in a December analysis.

Tech Founders to raise $200mln amid hunt for potential African unicorns

The fund has a list of around 400 possibilities concentrated in South Africa, Kenya, and Nigeria

Access Bank ‘W’ Initiative tasks women entrepreneurs on insurance

The Team lead of Bancassurance, Oluwabunmi Ayodele, said that the bank had various product offerings available on bancassurance and urged women to subscribe to them.

IMF cuts South Africa growth forecasts

The twin pressures of tighter Covid-19 lockdown restrictions and a spate of civil disorder in July led to the economy contracting in the third quarter of 2021

Glass half full again as SA's wine industry slowly rises from Covid-19 ashes

Through a necessity to revive, recover and rebuild, wine businesses are undergoing a mind shift in the way they do business

Morocco’s BMCE to Welcome New Shareholder

Morocco’s third-largest banking group will undergo a “strategic shift” starting this March

Botswana bourse bounces back from pandemic

BSE states the re-opening of the economy had filtered into improved business environment, which is reflected in the positive sentiments in the Bank of Botswana’s Business Expectations Survey (September 2021) and the improved business environment for

Standard Chartered Bank appoints JLL for workplace services across EMEA and the Americas

The new world of work is presenting an unprecedented opportunity for us to reimagine the purpose of our workplace and evaluate the changing workforce preferences.

Affordable banking is essential in helping to rebuild South Africa’s SMMEs

And because clients’ business and personal finances are so interdependent, Nedbank has designed fit-for-purpose banking solutions that enable clients to manage both through a single point of contact: a dedicated relationship banker.’

Helios in talks with Africa mobile operators

About ways the private-equity firm can help them cash in on their mobile-money and digital-payments platforms.

R11.4 billion World Bank loan could be used to help fund new grants for South Africa: economists

This is at least the impression from the Treasury’s statement on the loan.”

Interest rate hike expected this week

The MPC decided in November to raise the repurchase rate by 25 basis points to 3.75% per annum.

UK’s development finance for Africa rises to £2.2b

New digital tool to link Britain, African businesses

Equity investors position ahead of audited reports, MPC outcome

Investors gained over N809 billion in five trading days

Sanlam Kenya Issues Profit Warning For FY2021

The board of directors nonetheless expressed confidence in an improved operating environment over the next financial year.

SA is getting R11bn from World Bank at a very low rate, cutting borrowing costs

The yield on SA’s rand denominated long-term bonds

Equity Bank gets Sh5.6bn for lending to enterprises

Kenya is already the third biggest portfolio for BII, with Sh42 billion investments across 83 companies.

Africa Finance Corp. secures new funders from South Korea, Dubai

While the funds mostly replaced maturing debt, the fund raising attracted new lenders from South Africa, the Middle East and South Korea.

AfDB approves €10.5m investment in tech startup fund

Its focus areas span agribusiness, financial services, energy, education, and healthcare, primarily in Francophone West Africa.

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