Financial services provider FNB will install solar power systems at 100 of its branches across the country to prevent downtime during times of loadshedding, while also mitigating the environmental... 

Venture capital investments in Africa fell by 43% year-on-year in the first half of this year according to a report published by venture capital body AVCA – the African Private Capital Association.... 

The Development Bank of Southern Africa (DBSA) has announced its highest ever profit of about R5.2-billion for the 2022/23 financial year. The development finance institution (DFI) says its... 

In the year since its release, the South African Green Finance Taxonomy (GFT) is hardly being used, despite its intention to provide a common language on financial markets, enhance transparency on... 

In a bid to address the funding gap faced by historically disadvantaged person (HDP) entrepreneurs in South Africa, Amazon Web Services (AWS) has unveiled the fourth round of its Equity Equivalent... 

The JSE has reported year-on-year growth of 10% in its net profit after tax (NPAT) for the six months ended June 30 to R493-million. The stock exchange delivered solid growth in an uncertain... 

Investment solutions company Novare, which has a substantial property portfolio in Africa, on August 1 announced a significant investment in rooftop photovoltaic (PV) panels as an eco-friendly and... 

Private equity business RMB Corvest has partnered with Umoya Capital Partners and Calibre Capital to obtain a minority share in original-equipment manufacturer M4A, which has capabilities in... 

After what looks to have been a decent second quarter, at least in terms of quarterly growth momentum, the manufacturing sector had a setback at the start of the third quarter. This is the message... 

South African investment management company Westbrooke Alternative Asset Management has successfully closed its R300-million inaugural tax-enhanced renewable energy alternatives investment... 

Specialised infrastructure and impact investment management firm Infra Impact Investment Managers has announced that its Infra Impact Mid-Market Infrastructure Fund 1 exceeded its fundraising... 

Finance Minister Enoch Godongwana has appointed Naheem Ebrahim Essop as a deputy pension funds adjudicator. The appointment is for a term of three years and is effective from the date of assumption... 

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....