How Families are Navigating Wealth and Succession Across Africa

9 June 2025
A lot of the family businesses and family wealth is dissipated when it gets to the second or third generation. And it’s all to do with the lack of governance.
Faizal BhanaDirector – Middle East, Africa and India, Jersey Finance

The role of governance in safeguarding legacies

It’s not about setting up structures and then leaving them. This is about actually working together collaboratively to ensure that we’re providing the protection and succession planning opportunities and solutions for families.
Portrait of Claire Machin outdoors
Claire MachinGroup Director, Head of Client Relationships and Development, Suntera Jersey

The next generation

The next gen are global citizens, tech savvy and very impactful. They want to understand what the impact of our actions is, not only to our business, but to our community, to our country, to our continent, to the globe.
Faizal BhanaDirector – Middle East, Africa and India, Jersey Finance

The Jersey advantage

Jersey is a global finance industry that is robust and whose integrity is maintained so that it gives confidence to the users of the financial services system.
Faizal BhanaDirector – Middle East, Africa and India, Jersey Finance

To find out more about this topic and listen to the full podcast, please visit the Unlocking Africa page.

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