Latest News Southern Africa and Indian Ocean

Renewable energies

15/03/2023 at 23h16, by Africa Business+

IFC on board for Scatec’s new Green Bond

The Washington-based financial institution has subscribed to over 20% of the latest Green Bond programme...

Land transport

15/03/2023 at 22h59, by Africa Business+

Heetch innovates with a new business in Africa

Faced with fierce competition from private hire vehicle (PHV) services on the continent, the French...

Renewable energies

06/03/2023 at 21h45, by Africa Business+

Filatex Group completes first phase of 10 MW hybrid solar power plant in Madagascar 

According to Africa Business+ sources, this first phase, the cost of which remains under wraps, was...

Consumer goods & Retail

01/03/2023 at 19h56, by Africa Business+

Madagascar: Patrick Malaga takes over from Patrick Tyler as CEO of the Habibo Group 

The change comes as the Malagasy family-owned group, chaired and managed by Malik Karmaly, has begun...

Renewable energies

28/02/2023 at 16h44, by Africa Business+

Hein Reyneke, General Manager, Mainstream Renewable Power South Africa: “We will ease the pressure on Eskom and the Treasury through off-take agreements.”

Mainstream Renewable Power is one of South Africa’s leading renewable energy companies. Operating since...

Agri-food industry

24/02/2023 at 17h54, by Africa Business+

Madagascar: Serge Rajaobelina receives €20m EIB loan for Sahanala project

The integrated agricultural development programme covers more than 6,100 hectares of rainfed crops developed...

Oil & Gas

23/02/2023 at 18h50, by Africa Business+

Bank

23/02/2023 at 18h14, by Africa Business+

AfDB President Akinwumi Adesina considers boosting MCB

The board of the pan-African institution is expected to decide on financial support for the Mauritian...

Agri-food industry

22/02/2023 at 18h10, by Africa Business+

CEO Alk Brand prepares massive investment plan for Westfalia Fruit

The group CEO of the company with the world’s largest avocado-growing footprint and in which Harvard...

Advisory

21/02/2023 at 18h01, by Africa Business+

Webber Wentzel advises Kholo Capital on $48m mezzanine fund

The South African law firm, a member of the Linklaters network, advised on a mezzanine fund for Kholo...

Oil & Gas

17/02/2023 at 18h38, by Africa Business+

Sonangol selects BP Oil International and Trafigura for fuel supply

Following an international tender launched on 6 January by Angola’s state-owned hydrocarbon company,...

Agribusiness

16/02/2023 at 18h07, by Africa Business+

Hyvity-Filatex joint venture ENHY to invest €60 million in Madagascar hydropower by 2026 

The French company Hyvity, part of the Hénin family holding company Pacifico, holds 51% of the joint...

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