Latest News Southern Africa and Indian Ocean
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,...
Private Equity
20/04/2023 at 18h23, by Africa Business+
Mauritius’ Grit reaching $30 million fund commercial and industrial real estate target in sub-Saharan Africa
The new vehicle, Africa Impact Industrial, claims nearly $200 million in projects in the pipeline. In...
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...
Oil & Gas
05/04/2023 at 18h21, by Africa Business+
Sonangol head Sebastião Gaspar Martins relaunches Angolan privatisation
The state-owned oil group is selling its shares in the depressed Paenal offshore equipment yard.
Mines
04/04/2023 at 16h19, by Africa Business+
Battery-grade manganese: Danny Keating takes on China with Botswana Giyani
The new CEO of Giyani Metals Corp, a South African, has replaced Jonathan Henry, who remains the executive...
Mines
03/04/2023 at 19h08, by Christelle Marot
Floating solar farm in Zimbabwe: CDF Trust and Consulting BV aims for financial closure in early 2024
The investment and financial advisory firm led by managing partner Caleb Dengu has mobilised Energy...
Oil & Gas
31/03/2023 at 16h28, by Africa Business+
TotalEnergies’ three conditions for restarting Mozambique LNG
The security situation in the province of Cabo Delgado is improving although it is still precarious....
Large-scale distribution
30/03/2023 at 16h36, by Africa Business+
IBL’s team to support expansion on the African continent
To support its internationalisation strategy, the diversified Mauritian group, led by Arnaud Lagesse...
Hotel business
29/03/2023 at 15h20, by Africa Business+
After three hotels in Tana, Radisson sets sights on Nosy Be
The hotel group wants to position itself in the beach segment one year after its triple opening in Madagascar.
Development Bank
28/03/2023 at 17h15, by Africa Business+
IFC supports Acep microfinance in Madagascar after Burkina Faso
Acep Madagascar, a member of the African microfinance network Acep Group under the chairmanship of Sébastien...
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