Latest News Southern Africa and Indian Ocean

Mines

26/01/2024 at 15h20, by Africa Business+

BHP again focuses on critical minerals in Botswana

An Australian mining company is financing a junior company exploring for copper in a southern African...

Bank & Insurance

26/01/2024 at 15h08, by Africa Business+

EIB chooses Stanbic to return to Zimbabwe 

More details from Africa Business+.

Health

25/01/2024 at 12h55, by Africa Business+

Healthtech: behind the scenes of Dawa Mkononi’s fundraising 

The Tanzanian start-up has successfully raised $2 million in funding. 

Agribusiness

24/01/2024 at 15h45, by Africa Business+

Zambia Industrial Commercial Bank finds support in Europe

The EIB is expanding its activities in Zambia by supporting loans in the agricultural and agri-food...

Agri-food industry

19/01/2024 at 16h16, by Africa Business+

Zambeef expansion backed by external funding 

Zambia’s leading agri-food company needs at least $20 million to continue its expansion. 

Private Equity

18/01/2024 at 17h14, by Africa Business+

Norrsken22’s Natalie Kolbe: “We can invest up to $40 million per company.”

The managing partner of the pan-African fund talks about the final closing of Norrsken22, which has...

Electricity

17/01/2024 at 16h56, by Africa Business+

Copperbelt Energy Corporation’s new shareholding following Affirma Capital’s $145 m investment 

Affirma Capital, a private equity firm founded by former Standard Chartered Bank employees, has decided...

Mines

15/01/2024 at 15h00, by Africa Business+

Angola: China’s Shining Star Icarus recapitalises to deliver Tetelo copper mine

Work to bring the Angolan copper mine into production began last May under the leadership of Chinese...

Energy

11/01/2024 at 16h47, by Africa Business+

Transnet, SAA, Eskom and Denel consolidated under giant public holding company in South Africa

South Africa’s Department of Public Enterprises (DPE) will table a Bill in Parliament in the coming...

Mines

10/01/2024 at 16h55, by Africa Business+

Fortescue builds its Zambian copper exploration team

The Australian iron giant has sought mining and hydrogen opportunities in Africa for several years.

Renewable energies

10/01/2024 at 16h41, by Christelle Marot

Globeleq acquires Mocuba Solar in Mozambique for $12 million

The Africa-focused independent renewable energy producer has acquired a 75% stake in Mozambique’s 41-MW...

Bank

05/01/2024 at 12h32, by Nadoun COULIBALY

Société Générale: expected withdrawal from Cameroon, Madagascar and Côte d’Ivoire

The French bank’s strategic withdrawal from Africa, which has already begun with six subsidiaries –...

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