Latest News Southern Africa and Indian Ocean
Construction & Infra
08/02/2023 at 17h44, by Africa Business+
IFC $110 million fifth investment for South Africa’s Growthpoint Properties
The World Bank subsidiary has financed this real estate fund four times since 2016 and is expected to...
Bank
06/02/2023 at 17h58, by Africa Business+
EIB returns to Mozambique through €10 million commitment to Moza Banco
The European financial institution, which has not been active in the southern African country, is opening...
Renewable energies
31/01/2023 at 18h44, by Africa Business+
HDF Energy Director Nicolas Lecomte : “Five Southern African banks are interested in financing our €181 million hydrogen project in Namibia”
HDF Energy is a group based in Bordeaux, specialising in hydrogen. It markets installations combining...
Mines
26/01/2023 at 16h12, by Africa Business+
Toliara Rare Earths: Base Resources sets March deadline for project’s future
Following the Malagasy government’s decision to suspend Base Resources’ activities at its Toliara mineral...
Agri-food industry
25/01/2023 at 17h06, by Africa Business+
African Rainbow Capital’s Kropz makes first phosphate delivery under new CEO, Louis Loubser
A few days after the arrival of Louis Ronald Loubser as the head of the company, Kropz shipped its first...
Bank
19/01/2023 at 16h30, by Africa Business+
Behind the scenes : Bernard Koné Dossongui’s Atlantique group takeover of AfrAsia Bank
An Africa Business+ investigation.
Mines
18/01/2023 at 15h56, by Africa Business+
First Quantum negotiates with unions in Zambia and Mauritania amid soaring costs
This has been a busy start to 2023 for the Canadian company listed on the Toronto Stock Exchange (capitalisation...
Electricity
17/01/2023 at 18h42, by Africa Business+
Société Générale Madagasikara takes the lead on Axian’s €10 million solar project with GuarantCo and AGF on board
The Malagasy group Axian completed the financing doubling the Ambatolampy photovoltaic power plant capacity...
Law firm
17/01/2023 at 15h12, by Africa Business+
Advisers to Gridworks-Virunga Power transaction
The power grid specialist Gridworks, wholly owned by British International Investment (BII), announced...
Renewable energies
16/01/2023 at 15h59, by Africa Business+
WeLight raises €19 million to electrify 120 villages in Madagascar
Exclusive to Africa Business+.
Mines
12/01/2023 at 18h28, by Africa Business+
After success with Endeavour Mining, VoltVision takes mine power analysis to Anglo American
The innovative British start-up, based in Johannesburg, is developing a digital real-time data analytics...
Private Equity
05/01/2023 at 18h34, by Africa Business+
Goodwell Investments’ €150m uMunthu II fund to close in one year
The private equity spoke to Africa Business+ about the timing of its fifth vehicle.
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