Latest News South Africa
Automotive distribution
02/10/2023 at 16h11, by Africa Business+
Auto24.africa’s 2028 target aims at 20 countries for used vehicles
Following its launch in Côte d’Ivoire in 2022, the used combustion and electric vehicle sales platform...
New technologies
29/09/2023 at 17h11, by Aurelie Benoit
DPI backs fintech Ukheshe EFT Corporation takeover
Five years after its creation, the South African start-up is absorbing its counterpart – in business...
Bank
22/09/2023 at 15h05, by Africa Business+
Alan Pullinger awaits major financial package for FirstRand
The head of South Africa’s second-largest bank intends to inject $400 million into renewable energy...
Mines
21/09/2023 at 13h16, by Christelle Marot
Rare earths: Rainbow Rare Earths secures purchases for production at its Phalaborwa mine in South Africa
Rainbow Rare Earths signed a strategic supply agreement with the British company Less Common Metals.
Industry
18/09/2023 at 14h54, by Africa Business+
Japan’s Epson expands African footprint with office in Nigeria
Busayo Akindola, a specialist in market development, recently took over the management of this flagship...
Maritime transport
15/09/2023 at 05h27, by Africa Business+
Why South Africa selected ICTSI for its first port privatisation project
Two years after President Cyril Ramaphosa’s unprecedented initiative to open the port industry up to...
Private Equity
13/09/2023 at 21h38, by Africa Business+
Salt Capital completes first transaction through Salt Equity 1 Fund
The London-based private equity firm, which has been in business for 10 years, is continuing to raise...
Agri-food industry
13/09/2023 at 14h10, by Christelle Marot
Who is financially backing Loxworth Capital’s blueberry project in Namibia?
The South African venture capital firm plans to invest around N$1.5bn (€74m) with its partners, with...
Building materials
04/09/2023 at 13h38, by Christelle Marot
Matias Cardarelli at the helm of PPC, the South African cement giant
He will officially take up his post on 1 January 2024, following a period of transition and handover...
Hospitality & Tourism
04/09/2023 at 09h44, by Africa Business+
Hotel investor Kasada acquires the former Radisson Blu in Cape Town
The 214-room property will open under the Pullman banner following renovation work.
Air transport
06/07/2023 at 15h23, by Africa Business+
Aviation fuel: Janita Naidoo and Teodora Tinkova head SkyFuelH2 (Sasol-Uniper)
The two women are leading the first large-scale project in Sweden to produce sustainable fuel for the...
News
27/06/2023 at 16h49, by Africa Business+
Aroni Chaudhuri (Coface): “Kenya risks defaulting on its external debt; it has to repay its $2 billion Eurobond, which matures in June 2024”
Aroni Chaudhuri, an economist specialising in Africa at French credit insurer Coface, which has forecast...
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