UK development finance institution British International Investment (BII) committed £1.09-billion to African companies in 2024 to create jobs, reduce aid dependency and combat the climate... 

Last month, at a special event held in Sandton, Johannesburg, global testing, inspection and certification company Bureau Veritas officially inaugurated the company's new office.   The event was... 

Development finance institution the African Development Bank Group (AfDB) has awarded a $1-million grant to South Africa’s National Business Initiative (NBI) to strengthen efforts to build a... 

Agricultural development finance institution the Land Bank's Blended Financial Scheme (BFS), with pre- and post-finance support services, aims to commercialise development farmers and to ensure the... 

South Africa's private sector economy showed signs of fragility in June, as the S&P Global South Africa Purchasing Managers’ Index (PMI) barely remained in expansionary territory. Business... 

Standard Bank Business and Commercial Banking, in partnership with the South African Chamber of Commerce and Industry (Sacci), has launched the Export Readiness Programme to provide support to... 

Development finance institution the African Development Bank (AfDB) Group has approved a R2.5-billion corporate loan to the City of Johannesburg metropolitan municipality. This is the bank’s first... 

The African Development Bank (AfDB) has approved a $474.6-million loan for South Africa's Infrastructure Governance and Green Growth Programme (IGGGP). This IGGGP is the second phase of the bank's... 

Financial services firm Absa’s Purchasing Managers’ Index (PMI) increased by 5.4 points to 48.5 in June on a seasonally adjusted basis. Although the headline PMI remained in contractionary... 

The Johannesburg Chamber of Commerce (JCCI) has appointed Caren Sutherns as its new president, following a successful AGM held on June 25. Sutherns takes over the leadership from Connie Mashaba,... 

While the Government of National Unity (GNU) has made headway in several key areas, Business Leadership South Africa CEO Busisiwe Mavuso has voiced concern over the lack of progress on improving... 

The North West University (NWU) Business School has revealed that its Policy Uncertainty Index (PUI) for the second quarter of this year has eased to 75.9 compared with its record high of 78.6 in... 

Conflict and instability are taking a toll on 39 affected economies, driving extreme poverty faster than anywhere else, worsening acute hunger, and pushing key development goals farther out of... 

Angola has become a shareholder in the African infrastructure and industrial development finance agency, the Africa Finance Corporation (AFC), it was announced on Tuesday. Angola has been a member... 

Private investment fund the Private Infrastructure Development Group (PIDG) calls on asset owners and asset managers to direct more finance to emerging markets and developing economies. Financial... 

African leaders and international partners have set an ambitious goal to connect 300-million out of the 600-million people that still lack access to electricity in Africa, by 2030, which could... 

Asset manager the Public Investment Corporation (PIC) and UK’s development finance institution and impact investor British International Investment (BII) have signed a memorandum of understanding... 

Financial services provider Absa Corporate and Investment Banking (CIB) is providing R1.6-billion in facilities to FE Overberg for Phase 2 of the FE Overberg wind project in the Western Cape.... 

Renewable energy solutions provider SOLA Group has optimised the debt facilities in its corporate and industrial solar PV fund Orionis and streamlined the fund's capital structure as part of its... 

The latest ‘World Investment Report’ from UN Trade and Development (Unctad) highlights a significant rebound in foreign direct investment (FDI) inflows to Africa. In 2024, foreign investment in the... 

Africa’s biggest lender, Standard Bank, has launched the first-ever Shari’ah-compliant overdraft facility in Southern Africa, marking a transformative milestone for Islamic finance on the... 

Flows of foreign direct investment (FDI) into developing economies have dwindled to the lowest level since 2005 amid rising trade and investment barriers, new research from the World Bank has... 

Research-led consulting firm Krutham has announced the winners of the third edition of the Africa Impact Investment Awards, sponsored by FirstRand. Krutham says this year’s winners demonstrate how... 

Northern Cape-based green hydrogen and ammonia project Prieska Power Reserve (PPR) has received formal approval of a funding grant from KfW Development Bank, in partnership with the Industrial... 

ASX-listed Kinetiko Energy has received firm commitments from professional and sophisticated investors to raise up to $2.2-million through the placement of more than 55-million new fully paid... 

A recent study conducted by naamsa | The Automotive Business Council and Nedbank revealed that 60% of respondents were aware of the need to decarbonise, especially in light of the EU’s Carbon... 

JSE-listed chemicals manufacturing company Omnia has achieved a 3% year-on-year increase in revenue to R22.81-billion for the financial year ended March 31, while its operating profit was flat at... 

Statutory body the Office of the Pension Funds Adjudicator (OPFA) has reported the South African Local Authorities Pension Fund to regulator the Financial Services Conduct Authority, recommending... 

Africa Finance Corporation, a Lagos-based continental financier, will sign a deal with Italy for $320-million financing partly for a new transport corridor linking critical mineral fields with an... 

Global energy investment is set to increase to a record $3.3-trillion this year, despite headwinds from elevated geopolitical tensions and economic uncertainty, according to the International... 

Frontier economies, mostly located in Africa, would need to spend one-third of their GDP by 2030 to achieve renewable power generation goals under the Sustainable Development Goal (SDG) scenario,... 

Excessively high beer taxation levels are driving consumers to support the illicit alcohol industry, a situation that needs to be rectified by lowering beer excise taxes as soon as possible, Beer... 

Sugar producer Tongaat Hulett has appointed Gavin Dalgleish CEO, with effect from June 1, to support the final phase of the company’s business rescue transition. “This appointment marks a... 

The financial state of the country’s municipalities is concerning and a considerable constraint on economic growth, business organisation Business Leadership South Africa CEO Busi Mavuso warns in... 

Financial services firm Absa’s Purchasing Managers’ Index (PMI) decreased by 1.6 points to 43.1 in May, with the headline PMI remaining in contractionary territory for the seventh consecutive month.   

Financial services firm Standard Bank Business and Commercial Banking (BCB) and business school Gordon Institute of Business Science’s (GIBS’s) Entrepreneurship Development Academy (EDA) have... 

The ‘South African MSME Access to Finance 2025’ report has showed that there is insufficient, and insufficiently granular, data on lending to small businesses, and South Africa should align with... 

Multilateral financial institution the African Export-Import Bank’s (Afreximbank’s) Advisory and Capital Markets (ACMA) department has been appointed and mandated as the exclusive financial adviser...