This year, with the post-pandemic relaunch of finance institution Business Partners’ Entrepreneur of the Year competition, the unyielding resilience of South African entrepreneurs will once again... 

Development finance institution the International Finance Corporation (IFC) is joining forces with local body the Banking Association South Africa (BASA) to help increase climate finance in the... 

Despite the tough economic conditions, the average nominal take-home pay, tracked in financial payments partner BankservAfrica’s Take-home Pay Index (BTPI), showed a marginal uptick in June, adding... 

The Department of Trade, Industry and Competition (DTIC) has embarked on provincial outreach and awareness workshops in collaboration with provincial governments, wherein it hopes to have engaged... 

To support the growth of mid-market companies in sub–Saharan Africa, World Bank Group subsidiary the International Finance Corporation (IFC) on July 24 announced an equity investment of $25-million... 

Financial services provider Rand Merchant Bank (RMB) has partnered with retailer Pick n Pay on its inaugural sustainability-linked loan of R4.5-billion. RMB, as the sole mandated lead arranger,... 

Financial services provider Standard Bank has successfully closed a $250-million sustainable seven-year term loan with the International Finance Corporation (IFC). The funding will be allocated... 

Large-scale mezzanine debt fund manager Vantage Capital has made a $25-million investment into water tanks, pipes and related products manufacturer and distributor Aquasantec International, which... 

Vehicle manufacturer Chery, banking and financial services provider Absa and insurance technology platform provider the Innovation Group on July 17 officially launched an insurance partnership that... 

The European Investment Bank (EIB) has pledged $40-million to support Acre Impact Capital's private debt fund, aimed at accelerating climate infrastructure investment throughout Africa.  The... 

The African Export-Import Bank (Afreximbank) in Nairobi has announced the disbursement of a $120-million financing facility to Djibouti’s Great Horn Investment Holding (GHIH) for the execution of a... 

Ten innovative Southern African startups have been awarded financing through the Southern Africa Innovation Bridge Portal Fintech Challenge to advance their solutions, and help improve financial... 

The United States Agency for International Development (USAID) announced last month that it has committed $3-million to the African Water Facility (AWF). The funding will support the preparation of... 

Black-owned private equity investment firm Agile Capital focuses on investments that drive sustainable development and have a demonstrable track record of growth and investment returns, with Agile... 

London-headquartered investment company Mainbridge has issued an $800-million Africa-related bond offering on the Frankfurt Stock Exchange (FSE). The bond is structured to appeal to long-term... 

Real estate developer Attacq and the Government Employees Pension Fund (GEPF) have concluded a nonbinding term sheet that will result in the GEPF acquiring a 30% interest in Attacq’s AWIC... 

Global foreign direct investment (FDI) fell by 12% to $1.3-trillion in 2022, the ‘World Investment Report 2023’, released by the United Nations Conference on Trade and Development (Unctad) on July... 

The world’s least developed countries rely on external sources for almost three-quarters of their energy investment but may pay up to seven times more than developed countries to access... 

African and global institutional investors have signed subscription agreements and letters of intent in preparation for the first close of the Africa50 Infrastructure Acceleration Fund (IAF), which... 

South Africa will require that crypto exchanges in the country operate with licenses by the end of the year, according to the country’s financial regulator. The Financial Sector Conduct Authority... 

Financial technology (fintech) group Capital Appreciation has completed the R131.2-million acquisition of Dariel Solutions, the parent company of South African information technology (IT) software... 

Development finance institution the Development Bank of Southern Africa is celebrating 40 years of delivering progress through critical infrastructure that transforms livelihoods, while sustaining... 

Development finance institution the African Development Bank (AfDB) has approved an $11-million equity investment in BluePeak Private Capital Fund toward its $155-million target for final close.... 

Finance Minister Enoch Godongwana has appointed Yanga Mputa as the Tax Ombud, effective from July 1. Mputa becomes South Africa’s first female Tax Ombud. The appointment is for a period of five years. 

JSE-listed industrial products supplier Hudaco Industries has reported a strong performance amid a challenging six months ended May 31, with turnover having increased by 12.4% to R4.3-billion,... 

Pan African financial institution the African Export-Import Bank (Afreximbank), in collaboration with the African Continental Free Trade Area (AfCFTA) Secretariat, have launched the Africa Trade... 

Tax-leveraged alternative investment company Anuva Green Energy is actively seeking additional partnerships with industry experts, and reputable engineering, procurement and construction and solar... 

Private equity manager Capitalworks has closed the sale of South African boat builder Robertson and Caine, known for its catamarans, to international investment company Vox Ventures. This... 

The Allan Gray Makers programme says it is taking a proactive step to address unemployment and poverty in South Africa through its Artisans of Mzansi Campaign, which is aimed at amplifying the... 

JSE-listed investment fund African Rainbow Capital Investments (ARC Fund) notes that the third quarter of its 2023 financial year was characterised by a challenging macroeconomic environment... 

In a trading update for the ten months ended April 30, service, trading and distribution group Bidvest has reported that its financial performance remains robust and has so far been sustained in... 

Investec Bank has bought a majority stake in European adviser Capitalmind Group, the latest deal for a boutique firm amid the worst mergers and acquisitions slump in a decade. The subsidiary of... 

Supply chain and logistics company DP World and financial services firm Standard Bank have partnered to offer trade finance solutions. African companies looking for trade finance will now be able... 

In a move to further diversify its debt profile, infrastructure solutions provider the Africa Finance Corporation (AFC) has secured a $625-million syndicated loan with new lenders from the Middle... 

Since its establishment in 2021, risk mitigation solutions provider Africa Speciality Risk (ASR) has set its sights on consolidating its underwriting activities in South Africa as part of its...