Managers of Wealth Africa

Ghana places 8th in top 10 Africa largest gold holdings

Central banks worldwide bought 272.9 tonnes of gold, according to data reported by the World Gold Council data

South Africa’s biggest landlord reveals the truth about a return to the office – and work from home trends

Growthpoint is the largest South African primary REIT (Real Estate Investment Trust) listed on the JSE and a 50% stakeholder in the V&A Waterfront in Cape Town.

Development Bank Ghana Secures U.S.$800 Million From Shareholders

The media engagement was also to introduce the board and management of the bank, namely Dr Yaw Ansu, chairman of the board, Charles Boamah, Mary Boakye, Nora Bannerman Abbott, Rosemary Yeboah, Stephan Leudesdorff, and Yaw Nsarkoh.

Japan’s Dai-ichi Life’s latest impact investment focuses on Africa

Dai-ichi Life had 37.46 trillion yen of total assets as of March 2022.

South Africa Update - Grant McLeod, June 2022

Guernsey has proved to be a successful jurisdiction for South African wealth managers seeking to establish investment funds outside of their country in recent years.

Wema Bank Shows Commitment to Women Empowerment

According to her, empowered women are good managers of resources, good business managers and great contributors to the household economy.

Nine Banks Report N226.12bn Insider Loans to Directors, Related Entities

Fidelity Bank in its 2021 financial statement disclosed N194.33billion loans and advances from related parties, representing an increase of 20.7 percent from N194.33billion reported in 2020.

African Development Bank to invest €10 million in reinsurance firm Conférence Interafricaine des Marchés d’Assurances (CICA-Re)

The investment is expected to strengthen the underwriting capacity of CICA-Re and contribute to the financing of its development and expansion across Africa.

FirstBank partners Eloy Foundation to support female-owned small businesses

The support from FirstBank will be carried out through FirstGem, a loan scheme designed for female-owned or partnered MSMEs, and SMEConnect.

Afrexim Bank to support African projects with $3bn

This is coming just as the bank had earlier provided the sum of $500m to support Central Banks across the West African sub region to be able to fund projects and settle transactions within the region.

Experts urge stakeholders to practise sustainable insurance

The R3Lab offers a three-tiered approach towards building the technical capacity and skills of the regulator on innovation and sustainable insurance

TAJBank Plans Maiden Private Sector N100bn Sukuk Offering

“Our aim is to raise the needed funds that would be invested in targeted high-impact sectors that spur job creation and enhance the standard of living of Nigerians.”

Private sector firms yet to leverage AfCFTA

“Some of these things need a re-look for solutions and also realignment of the national psyche. The success of AfCFTA will be determined mostly by collaborations,”

South African advice firm sets out growth plans in UK

Needham said Alpha Wealth had established a track record of recruiting and training former sportspeople to become financial planners.

South African rand firms as global sentiment improves

The dollar index , which measures the greenback against six major peers, was up 0.23%.

GCB Bank posts profit before tax of GH¢831.9m

GCB Bank recorded a Profit before Tax of GH¢831.98 million in 2021 from GH¢602 million in 2020, representing an increase of about 36.2 per cent.

African Development Bank launches new initiative to build financial acumen of African cities

The program will get underway in September 2022; 10 municipalities will participate.

Data relevant to improving stock market participation – Absa

“Considering the various challenges besetting the global economy, these investors need accurate data to make informed investment decisions to avoid unfavourable market moves.”

State yet to decide on fate of Hilton building after exit

“We have not decided on the strategic options."

Access Bank pledges funding for MSMEs

"We have organized this engagement session to provide an opportunity to meet one on one with our SME customers in Abuja, provide them with a platform to ask questions, get answers and solutions that help them take their businesses to the next level.&

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