Latest News Southern Africa and Indian Ocean
Renewable energies
28/02/2020 at 08h44, by Pierre-Olivier Rouaud
Madagascar: agreement to be finalised with lenders before the end March for Axian’s Volobe dam (€350 million)
The project company will soon sign a funding principle document in Paris with the French agency Proparco,...
Insurance
27/02/2020 at 16h11, by Gaëlle Arenson
Lesley Ndlovu, previously in charge of Africa Specialty Risks at Axa, switches gears to become ARC’s new CEO
The Zimbabwean national, who studied in the United Kingdom and France, seized this opportunity to change...
Mines
20/02/2020 at 17h13, by Africa Business+
Angola’s privatisation of Endiama has reached the assessment phase
The IPO calendar for one of Africa’s largest diamond producers is still set for 2022. However, the stock...
Renewable energies
19/02/2020 at 15h34, by Africa Business+
Madagascar: the AfDB organises financing for the Sahofika dam project
The project’s sponsor is overseeing financing negotiations and had already granted a $100 million guarantee...
Insurance
18/02/2020 at 17h11, by Africa Business+
SMEs: Société Générale goes for a double grand slam in Madagascar
The French banking group wants to roll out a dual offering this year for small and medium-sized enterprises...
Mines
14/02/2020 at 16h50, by Pierre-Olivier Rouaud
Patrice Motsepe (Harmony Gold) in good company to acquire AngloGold’s remaining South African assets
The group headed by the South African businessman is immediately investing $200 million in cash and...
Air transport
11/02/2020 at 18h07, by Africa Business+
Marie-Joseph Malé (Air Austral) negotiates a complete divestment from Air Madagascar with Rajabali and CNAPS
One last point of contention between the industrial group and Madagascar’s social security agency halts...
Energy
11/02/2020 at 17h18, by Africa Business+
Renergen reinforces in the south african LNG sector via a new collaboration with BHIT
The only exploration firm authorised to sell LNG in the country will also ramp up its helium operations,...
Maritime transport
06/02/2020 at 09h14, by Africa Business+
Sogester (Maersk) invests in its two ports in Angola
APM Terminal is Angola’s long-established leader with its joint venture Sogester (Sociedade Gestore...
Hotel business
05/02/2020 at 16h21, by Aurelie Benoit
Radisson accelerates and sets its sights on the Indian Ocean
The American hotel group is setting out to triple its portfolio in the region, with the openings of...
Rail transport
05/02/2020 at 15h49, by Valentin Grille
Portia Derby, new CEO of Transnet and former high-ranking official
On the hunt for a new leader for the past year and a half, the South African rail company has turned...
New technologies
31/01/2020 at 17h35, by Valentin Grille
Skynamo targets economies of scale with $30 million from Five Elms Capital
The South African company specialising in management software has obtained its first external investment...
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