Latest News Southern Africa and Indian Ocean
Electricity
04/11/2019 at 09h44, by Africa Business+
Eskom accuses Deloitte of “corruption” and claims $14 million
The state electricity utility challenges conditions under which several consultancy contracts were awarded....
Bank
31/10/2019 at 14h48, by Africa Business+
Absa granted a $75 million trade finance facility from CDC
The UK development finance institution has selected the South African bank for a new risk sharing facility.
Law firm
25/10/2019 at 21h07, by Africa Business+
Bowmans joins forces with two local law firms in Mauritius and Ethiopia
The Pan-African law firm has signed two agreements which take effect on 1 October. The first is with...
Air transport
25/10/2019 at 20h59, by Africa Business+
Ravinala eyes Madagascar’s regional airports
According to our information, the consortium comprising ADP, Bouygues, Colas and Meridiam has put in...
Air transport
17/10/2019 at 16h24, by Africa Business+
Air Madagascar ordered to pay over $21m to Air France
In its judgment of 17 October, which has been seen by Jeune Afrique Business+, the Paris Commercial...
Rail transport
30/09/2019 at 15h45, by Africa Business+
Mamy Ravatomanga on the lookout for investors in Madarail
The Malagasy businessman has controlled 78% of the railway company since 2012.
Health
26/09/2019 at 16h47, by Africa Business+
South Africa: with Aspen, India’s Laurus Labs gains access to the public antiretroviral sector
Generic pharmaceutical firm Laurus Labs is to acquire 100% of the shares of a subsidiary of South African...
Oil & Gas
19/09/2019 at 10h27, by Africa Business+
Axian, Rubis, Vivo, Total et al raise the stakes in Madagascar
In a document seen by Jeune Afrique Business+, Groupement pétrolier de Madagascar (GPM), a consortium...
Maritime transport
10/09/2019 at 18h17, by Africa Business+
DP World splashes out to acquire offshore support vessel company Topaz
The State-owned Emirati group continues its shopping spree in this sector and has concluded its purchase...
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