Latest News Southern Africa and Indian Ocean

Mines

11/10/2023 at 16h10, by Africa Business+

Angola: TAGS completes first diamond auction at future stock exchange facilities 

The 38 stones sold in Luanda come from the Catoca, Lulo, Kaixepa, Luele and Somiluana mines. 

Renewable energies

09/10/2023 at 16h39, by Africa Business+

Adenia signs with Enfin for fifth vehicle’s first deal

As it moves towards a record closing of around half a billion dollars, the private equity firm is starting...

Maritime transport

09/10/2023 at 14h53, by Africa Business+

Lobito container and multipurpose terminals : AGL trumps Trafigura

Several corporations answered the Angolan authorities’ call for tenders to manage the concession for...

Construction & Infrastructure

05/10/2023 at 16h46, by Africa Business+

Axian Energy to sign Connection Agreement with EDM for Macia solar power plant in Mozambique

The dedicated subsidiary of Hassanein Hiridjee’s Madagascan group is multiplying its projects in continental...

Bank

04/10/2023 at 16h07, by Pierre-Olivier Rouaud

British International Investment $60m to support Access Bank

The British development institution continues its commitment to the Nigerian bank with a credit line...

Automotive distribution

02/10/2023 at 16h11, by Africa Business+

Auto24.africa’s 2028 target aims at 20 countries for used vehicles 

Following its launch in Côte d’Ivoire in 2022, the used combustion and electric vehicle sales platform...

New technologies

29/09/2023 at 17h11, by Aurelie Benoit

DPI backs fintech Ukheshe EFT Corporation takeover

Five years after its creation, the South African start-up is absorbing its counterpart – in business...

News

26/09/2023 at 12h58, by Pierre-Olivier Rouaud

Belt and Road Initiative’s MCDF supports AfDB studies on Luapula dams in Kinshasa and Zambia 

Long in the pipeline and one of SADC’s priority projects, these dams, totalling almost 800 MW, were...

Mines

25/09/2023 at 12h32, by Christelle Marot

Mwembeshi Resources’ cancelled licence may signal tightening of environmental obligations for Zambia’s mining companies

Mwembeshi Resources had started works to relaunch an open-cast copper production in the Zambezi National...

Commercial banking

25/09/2023 at 11h57, by Africa Business+

Bernard Koné Dossongui strengthens AFG Bank Indian Ocean teams 

According to Africa Business+ sources, Ivorian tycoon Bernard Koné Dossongui’s Atlantic Financial Group...

Bank

22/09/2023 at 15h05, by Africa Business+

Alan Pullinger awaits major financial package for FirstRand

The head of South Africa’s second-largest bank intends to inject $400 million into renewable energy...

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