Managers of Wealth Africa

IMF Forecasts a Booming Inflation in the Country to 9% in 2022

For the next year, the IMF predicts a decrease in price increases to 7%.

African Development Bank Group to launch trust fund for the circular economy

"Circular economy is key for climate change adaptation and mitigation"

Interest rate hike and load shedding double-blow to hit South Africa

“We, therefore, maintain our call for an end-2022 repo rate of 5.75% and a terminal policy rate of 6.50% achieved by mid-2023."

Old Mutual plans a R2.8bn BEE scheme to boost black ownership to over 30%

Another 1.29% of the newly issued share capital will go to a community trust benefitting various qualifying black communities.

Double-digit growth in the assets of PFAs

As at end-February, total FGN debt securities held by Pension Fund Administrators (PFAs) increased by 1.9% m/m and 4.6% y/y to N8.5trn.

Does Africa Face Discrimination in Financial Markets?

According to their estimates, in 2021, GDP per capita south of the Sahara was 5% lower than predicted before the pandemic

Absa Bank creates impactful footprints in Ghana with CSR initiatives

The activity was in response to a request made by the hospital to Absa Bank for emergency support.

AXA Mansard seeks environmental protection

Adeniyi noted that environmental considerations also played a major role in the selection of partners for the organisation.

Contributory Pension Scheme Has Created Investment Opportunities, Others—Ojumu

The law makes it compulsory for organisations with more than five employees to enrol their members of staff for a contributory pension scheme and make a consistent contribution to the pension fund.

Expert Tasks Nigerians, Businesses on Trust

He stated that trust is an indispensable asset for any business that is worth all the commitment and effort we make to gain and maintain it.

It's time for SA businesses to harness their African trade growth potential

Covid-19 undoubtedly put the brakes on trade all over the world, and South Africa wasn’t insulated from this pandemic-driven fallout

Sustainability of CPS Key to Thriving Pension Sector in Nigeria

Ojumu, dissected the pension industries and shared strategies necessary for improving the business of pension in the domestic market.

African Development Bank Group to launch new trust fund for the circular economy

The circular economy is a model of production and consumption that involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible.

UAE to help African countries diversify their economies

His Excellency Mohammed Saif Al Suwaidi, also signed a Memorandum of Understanding

AXA Mansard Insurance Announces 27% Growth in Gross Written Premium

The business delivered strong growth across various indices

Allianz Nigeria Launches Funeral Expenses Insurance Cover

Burial ceremonies form an important part of the Nigerian culture across ethnicities.

FCMB Group grows after-tax profit by 7% to N20.9bn

Loans and advances grew by 29% to N1.1 trillion at the end of December 2021, as against N822.8 billion the previous year. In addition, the total assets of the Group rose by 21% toN2.5trillion.

Keeping customers confident in the right insurance partner for their journey to success: South Africa

Last year, Momentum Insure successfully launched the Science of Safety campaign, anchored in the fact that safety ignites confidence, which provides the momentum on your success journey

South African households are heading for trouble

“This includes grain products, like bread and maize, which in coming months will cost significantly more due to higher international commodity prices.”

13 best African countries for women entrepreneurs

Fast forward to the 21st century, things have changed a lot.

Alternative Investments