Managers of Wealth Africa

African Development Fund to provide $5.52 million grant to West African Tax Administration Forum to boost domestic revenue mobilization

The grant is to be financed from the Transition Support Facility (TSF) of the African Development Fund (ADF), the Bank Group’s concessional window.

South African lender Absa posts 12% rise in annual earnings

South Africa benefited from a meaningful improvement in credit impairments across several portfolios

South Africa’s GDP grows by 1.1% in 2025

The latest figure marks an improvement from 2023 and 2024, when the South African economy was impacted by load shedding, higher risk-off sentiment, and elevated interest rates.

Mozambique: African Development Bank Group approves $20 Million Facility to Support SMEs

This transaction-specific facility will strengthen BCI’s role in expanding trade finance in Mozambique, by increasing support for local enterprises and SME’ import and export activities.

Money flooding out of South Africa

“The rand weakened as the US dollar strengthened and foreigners sold off South African portfolio assets, with R3 billion worth of bonds sold on Friday,” Bishop said.

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There’s no need to build an expensive mine or damage the environment, just monetise the gold where it lies in the rock.

Major banking CEO fired, and Tau slams 134-year-old South African company liquidators

The conflict involving the US, Israel, and Iran entered its seventh day, with no signs of slowing down.

Old Mutual’s Agent Beatrice Kariuki Named AKIGeneral Insurance Person of the Year

The award recognizes insurance professionals who demonstrate excellence in customer service, innovation, and business growth within the general insurance sector.

Sanlam flags lower earnings as investment variances weigh

But sees group new business volumes reach a record – increasing 18% year on year.

Foreign investors are betting big on South Africa

The JSE All-Share was up 57% in 2025, compared to the MSCI Emerging Markets Index, which was up 30.58%.

Africa's mineral wealth at the centre of the global energy transition

Supply chains are being reorganised under the pressure of strategic rivalry

Traders now positioning for South African rate hike this month

Forward-rate agreements flip from cut bets to pricing tightening, dimming hopes of relief for borrowers in 2026.

‘Nigeria’s headline inflation will likely ease to 10 per cent in H1’

“Policy is moving from restraint to calibration. Capital is adjusting to that reality,” the firm said.

Net reserves jump 772% to $34.8bn in two years

Net reserves, however, strip out short-term liabilities and obligations, providing a clearer picture of the portion of reserves that is readily available to defend the naira and meet external commitments.

Private sector returns to growth in February

All four monitored sectors recorded higher activity, with wholesale and retail rebounding after a decline in January.

JTI South Africa recognised as top employer for 2026

Its head office also received Global Top Employer certification, placing it among 17 organisations worldwide with this distinction.

African Development Bank Group approves €6.5 million investment in Saviu II fund

The Saviu II venture capital fund aims to make at least 60% of its commitments in the French-speaking countries of West and Central Africa

Mecure Industries sees profit surge 177% to N6.46bn

Revenue from the acute segment rose significantly to N42.57bn in 2025, up from N25.22bn in 2024, remaining the largest contributor to total turnover.

Even homeowners in default of their mortgage loans have rights, says court

Changing Tides, part of SA Home Loans, was attempting to repossess a Joburg home – but its case was ‘hopelessly flawed’.

Ghana’s external debt fell by GH¢86.7bn to GH¢330.2bn in November 2025

The stock of public debt decreased from 61.8% (revised GDP) in December 2024 to 45.5% in November 2025.

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