Latest News Southern Africa and Indian Ocean

Renewable energies

16/05/2023 at 16h51, by Africa Business+

Red Rocket prepares major offensive on continent

The independent power producer – spun off from Italian EPC builder Building Energy – is looking to raise...

Logistics

15/05/2023 at 16h14, by Christelle Marot

Transnet seeks concessionaire for Cape LPG terminal

The ports division of South Africa’s state-owned transport company Transnet continues expanding its...

Construction & Infrastructure

12/05/2023 at 18h29, by Africa Business+

Who is China’s Top International, selected by Andry Rajoelina for the mega-construction of water supply in the South of Madagascar

Regularly operating in Africa under the name of Top International Engineering Corporation (TIEC), this...

Construction & Infrastructure

10/05/2023 at 18h24, by Africa Business+

When the IFC rescues the City of Johannesburg’s budget 

In an unusual operation, the World Bank subsidiary will support the South African city, which is experiencing...

Energy

09/05/2023 at 17h58, by Africa Business+

Off-grid energy solutions: Sun King targets Nigeria, Tanzania, Uganda and Zambia

Sun King, led by Patrick Walsh, is looking to accelerate its growth in providing clean cooking solutions...

Telecoms & Media

09/05/2023 at 16h02, by Africa Business+

Wojtek Piorko to drive Vertiv’s growth in Africa

Vertiv, the global business continuity and critical digital infrastructure solutions provider, has named...

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...

Industry

04/05/2023 at 17h45, by Africa Business+

Kandil Steel seeks IFC support to address rising raw material costs

The International Finance Corporation (IFC) is considering a three-year, $25 million loan to Egypt’s...

Private Equity

02/05/2023 at 17h07, by Christelle Marot

UK’s PASH Global enters Botswana with $30m solar project pipeline

The impact investor, which focuses on energy transition projects and is majority-owned by Trafigura,...

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...

Mines

28/04/2023 at 11h22, by Africa Business+

Namibia’s Paladin Energy signs fifth power purchase agreement with US energy company

The identity of the US company is not yet known. But it is a leading operator on the other side of the...

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...

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