Latest News Southern Africa and Indian Ocean
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...
Maritime transport
08/09/2023 at 19h35, by Africa Business+
Angola : APM Terminals (Maersk) discreetly and inexplicably withdraws from Luanda and Namibe ports
Maersk withdrew from its two Angolan ports at the end of 2022, and the buyer’s identity remains unknown....
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.
Bank & Insurance
30/08/2023 at 16h59, by Africa Business+
Côte d’Ivoire’s CNPS interested in a stake in Mauritius bank AfrAsia
Exclusive information with Africa Business+.
Renewable energies
24/08/2023 at 16h28, by Africa Business+
Red Rocket, successor to Scatec in Lesotho’s first solar PPP, seeks cover to complete financing round
After taking over Scatec’s stake in this public-private solar power plant at the end of 2022, the South...
News
28/07/2023 at 17h04, by Africa Business+
Rio Tinto advised by Allens (Linklaters) on $27m investment in rutile and graphite in Malawi
With this transaction, Rio Tinto becomes a shareholder of Sovereign Metals, which is developing a project...
Consumer goods & Retail
25/07/2023 at 15h30, by Africa Business+
Textiles: New hearing scheduled for early 2024 on the recovery of Madagascar’s assets by the De Sutters
The De Sutters have taken legal action in France to recover the funds ordered by the ICSID arbitration...
News
10/07/2023 at 11h22, by Africa Business+
Youssef Chraibi: “Outsourcia is in discussions with entities in Spain, Portugal and Eastern Europe about acquisitions”
The group, which specialises in outsourcing services, is looking to extend its language coverage to...
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