The Key to Accessing Growth in Africa


Africa’s leading independent non-bank financial services group engaged in asset management, investment banking and fiduciary and administration services.

Imara, with deep local roots, is your key to accessing the opportunities in Africa by coupling ‘blue chip’ international expertise and networks with local experience and contacts. We operate directly and through partners in 10 African countries, as well as an office in London.

Backed by a small group of private investors from the US, Europe and Africa who have a long-term investment horizon bringing stability, financial support as well as significant experience in financial services and investing across Africa.

Management and founding, Fleming and Wulfsohn families have a combined history of more than 100 years building businesses in Africa and international financial services groups.



Owner managed,
private pan Africa financial services group, founded 1954

Strong African presence through subsidiaries, affiliates, partners and employees - who call Africa home

Asset Management
Investment Banking
Fiduciary and Administration

With over half a century of hands-on experience in Africa, we have a deep understanding of the landscape, its institutions, entrepreneurs and governments. Our credibility comes from being at the forefront of African capital markets for over 60 years:

  • intimately involved in the establishment and growth of stock markets across Southern Africa – Botswana, Malawi, Swaziland, Zambia and Zimbabwe
  • founded the oldest stockbroker in Zimbabwe – Imara Edwards
  • launched one of the earliest pan African equity funds – the Imara African Opportunities fund
  • advised on transactions across Southern Africa in excess of USD3b, including some of the world’s leading multi-nationals in Africa



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Barclays Bank Zim has changed its business model from cautious lending to adopt a more aggressive use of its bankin…
Last year Nigeria produced 46 million tons of solid minerals; granite being the highest. Similar to agriculture, Ni…
Air passenger traffic in Nigeria in Q2 2018 is 3.7 million passengers, an increase of 15.2% y/y. The economy is per…
Mobile Money penetration in Zim quadrupled y/y to 2.3x GDP
Econet Zimbabwe reached a major milestone after completing 20 years since it first listed and a month after Zimbabw…
Imara awards a scholarship for a BA in Liberal Arts at Tel Aviv University to Michelle Ropafadzo Myambo, a Zimbabwe…
European Commission president Jean-Claude Juncker’s message in his state of the union speech yesterday, called for…
Imara Corporate Finance and Spayne Lindsay announce a strategic alliance.  Combining Imara’s local African expertis…

Our people are aligned with our clients as shareholders and investors in the Imara products and services.

International qualifications and training paired with local experience and access. Many having worked at Imara for a long time.

View the team biographies.

A long history in Africa

The Imara Group’s origins date back to 1954, as Edwards and Co. in Zimbabwe which provided broking, corporate advisory and fund management services. In 1994 the UK merchant bank, Robert Fleming in a 50/50 joint venture with Edwards & Co, soon established a corporate advisory company and then in 1998 an asset management company.

Following the sale of Robert Fleming to Chase and then to JP Morgan in 2000, local management in some of Flemings’ sub-Saharan offices effected a MBO in 2002 to create the Imara Group which was subsequently listed on the Botswana Stock Exchange.

The Group was bought by FWA Financial Limited, a holding company owned by Imara management and international private investors in 2017 and delisted from the Botswana Stock Exchange.

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