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... 

Kholo Capital Mezzanine Debt Fund I (Kholo Capital) and Maia Capital Partners (Maia Capital) announced on Tuesday that they have partnered to provide R250-million in mezzanine debt funding to the... 

National Treasury has issued a new tender for a structured debt adviser to strengthen and modernise the RSA Retail Bonds programme, inviting qualified and experienced service providers to submit... 

The United Nations Economic Commission for Africa (ECA) has called for reforms to sovereign credit rating practices that, despite clear signs of macroeconomic resilience and structural reform... 

Financial services firm Standard Bank has partnered with wind power project company InnoVent SAS to fund the development and construction of the 44 MW Diaz wind project, which will be Namibia’s... 

Financial services firm Standard Bank of South Africa has issued its first listed bond in South Africa using the newly established South African Rand Overnight Index Average (ZARONIA) floating... 

While many Germany-headquartered companies view South Africa comparatively positively, key concerns, such as logistical challenges, should be addressed to further enhance the country’s... 

Blended public and private debt capital finance organisation the Emerging Africa and Asia Infrastructure Fund (EAAIF) has successfully raised $325-million in new debt facilities, which will help... 

Cybercriminals are using AI tools to commit a range of fraudulent crimes and, while machine learning (ML) and AI tools can help companies to detect and prevent fraud, only the active, focused use... 

The Southern African Venture Capital and Private Equity Association (SAVCA) has announced the departure of CEO Tshepiso Kobile, who is leaving to pursue new professional opportunities. To ensure... 

Finance Minister Enoch Godongwana will deliver a revised Budget speech this week, and it is crucial that this strikes the right balance of fiscal prudence, business organisation Business Leadership... 

Following S&P Global Ratings’ decision to affirm South Africa’s long-term foreign and local currency debt ratings at ‘BB-’ and ‘BB’, respectively, and maintain the positive outlook, government’s... 

Investment-readiness programme Fetola Fire, which is supported by investment and commercial financial services firm JPMorgan Chase, will provide 60 entrepreneurs with investment-readiness training,... 

JSE-listed packaging company Nampak recorded top line growth, margin expansion, a 22% increase in trading profit and a 7% increase in operating profit for the six-month period to March 31. Revenue...