Latest News Southern Africa and Indian Ocean
Media
16/01/2020 at 09h59, by Africa Business+
Ylias Akbaraly to meet Emmanuel Macron in Paris on 20 January to talk about Thomson Broadcast (Sipromad)
The Malagasy businessman and head of the Sipromad group will meet the French President to discuss opportunities...
Bank
07/01/2020 at 14h42, by Aurelie Benoit
After the departure of Barclays, Absa appoints Aaron Daniel Mminele as its new Group Chief Executive
The new head of the South African bank, formerly Deputy Governor at the South African Reserve Bank,...
Air transport
03/01/2020 at 16h20, by Gaëlle Arenson
Rinah Rakotomanga aspires to become chairwoman of Air Madagascar as CEO Besoa Razafimaharo resigns
A new business plan will be drawn up in the coming weeks that does not rule out the signing of a new...
Electricity
30/12/2019 at 15h25, by Africa Business+
The story behind the appointment of Vonjy Andriamanga, the new General Manager of Jirama
The Madagascar Water and Electricity Company (Jirama) has a new General Manager – Vonjy Andriamanga,...
Oil & Gas
20/12/2019 at 11h48, by Rémy Darras
Mota Engil and Besix win the Mozambique LNG Mega-Terminal
In October the two construction firms won the call for tenders for the project, now operated by Total,...
Electricity
19/12/2019 at 14h55, by Gaëlle Arenson
With Canada’s JCM Power, STOA Infra & Energy (CDC/AFD)’s commitments reach $234m
Two months after investing in GSEZ Ports, the vehicle which is 83.3% controlled by France’s Caisse de...
Private Equity
18/12/2019 at 17h08, by Julien Clémençot
Axian (Hassanein Hiridjee) invests in technology fund blisce/
Malagasy group Axian, co-led by brothers Hassanein and Amin Hiridjee, in mid-October joined the international...
Bank
12/12/2019 at 16h30, by Valentin Grille
Cheryl Buss takes the helm at Absa International
Absa Bank is expanding beyond the continent with a new head of its international operations.
Bank
12/12/2019 at 16h24, by Valentin Grille
Jonathan Penkin named the new head of sub-Saharan Africa at Goldman Sachs
His appointment follows the retirement of the current chief executive Colin Coleman.
Consumer goods
11/12/2019 at 15h32, by Africa Business+
Grand Parade Investments compelled to sell Burger King South Africa to save its cash flow
Unbridled expansion, a lack of profitability and point of sale closures have marked the diversification...
Oil & Gas
06/12/2019 at 17h44, by Africa Business+
DNG Energy to start LNG bunkering in South Africa
DNG Energy, which has obtained a South African licence to supply marine fuel, is looking to start LNG...
Oil & Gas
06/12/2019 at 17h21, by Africa Business+
LNG in Mozambique: Total gets backing from the AfDB for the Area 1 mega project
The AfDB has secured a welcome first financing for the former Anadarko project, a $20 billion liquefied...
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