Latest News South Africa

Telecoms & Media

04/05/2023 at 18h30, by Africa Business+

Liquid Intelligent Technologies gets €45 million for Eastern Cape fibre network

The International Finance Corporation (IFC) plans to provide debt financing of up to 62% of the total...

Private Equity

28/04/2023 at 16h18, by Africa Business+

Opportunik Global Fund (OGF) targets African investors with $100m target by 2025 

The new asset management-focused fund will target around 10,000 African and Diaspora individual and...

Agribusiness

24/04/2023 at 15h47, by Africa Business+

Hassium Capital and Secha Capital, backed by Thomas & Swanepoel and RAMS Attorneys, take a 30% stake in agritech FarmTrace 

These investments in the South African company FarmTrace are intended to support its development, particularly...

Agribusiness

24/04/2023 at 15h35, by Africa Business+

Forestry: Merensky Timber raises $64m for ramp-up and spin-off with Westfalia

One of Africa’s leading integrated timber producers, a wholly owned subsidiary of Hans Merensky Holdings,...

Bank

18/04/2023 at 16h19, by Africa Business+

Sasol arranges $2.969 billion refinancing deal with 14 banks

Sasol’s existing banking facilities expire in 2024, but the South African chemical giant has been granted...

Bank

13/04/2023 at 17h10, by Pierre-Olivier Rouaud

RMB seeks MIGA support in deal with Côte d’Ivoire government

The South African investment bank intends to lend €100 million in the short term to the Ivorian government...

Mines

13/04/2023 at 15h40, by Africa Business+

Andronicca Masemola takes over as head of Barloworld Equipment Southern Africa

The new CEO, previously director of operations, replaces Emmy Leeka, who now leads the Europe and Asia...

Investment banking

28/03/2023 at 15h46, by Africa Business+

Advising on Efficient Group sale in South Africa

Apis Partners LLP has engaged ENSafrica, led by Mzi Mgudlwa, to advise on the exit of its Apis Growth...

Energy

27/03/2023 at 16h07, by Africa Business+

Norton Rose Fulbright’s Chris Down is on deck to advise Infinity Power on acquiring Lekela Power

The London-based international law firm has assembled an expanded team to advise the energy group Infinity...

Construction & Infra

20/03/2023 at 16h56, by Africa Business+

AWID, Metito and BII joint venture, targets Egypt and Rwanda

Africa Water Infrastructure Development (AWID) aims to develop, finance and operate climate-resilient...

Construction & Infrastructure

16/03/2023 at 08h32, by Africa Business+

Mozambique mega-dam : final duel between TotalEnergies/Edf and a southern African consortium

From the seven consortia competing over the Mphanda Nkuwa dam, two continue to run in the final selection...

Consumer goods & Retail

16/03/2023 at 08h24, by Africa Business+

Heineken’s acquisition of Distell : a close-up of the new South African champion’s management

Announced in November 2021, the operation totalling €2.5bn that enabled Heineken to take control of...

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