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Southern Africa

Zambia sweetens buyback offer for $1.36 billion Eurobond as debt management push intensifies

Zambia has enhanced its offer to repurchase its $1.36 billion Eurobond due in 2053, increasing incentives for bondholders in a bid to secure stronger...

Mozambique tightens control of mining sector with 15% state stake and local processing mandate

Mozambique has enacted a sweeping new mining law requiring a minimum 15% state ownership stake in all mining projects and mandating local processing of...

Canal+ gains on Johannesburg debut as French media giant expands African footprint

French media and entertainment group Canal+ rose in its debut trading session on the Johannesburg Stock Exchange, marking a historic milestone as the first...

Amazon launches Prime in South Africa for under $4 a month

Amazon has launched its Prime subscription service in South Africa according to Reuters, offering customers access to faster deliveries, entertainment content, exclusive shopping deals,...

EU launches first South Africa investment roadshow in race for critical minerals

The European Union has launched its first investment roadshow in South Africa focused on critical minerals, underscoring Europe’s growing efforts to secure supplies of...

Zambia’s ZCCM-IH partners with Chinese firm on 600MW coal power project

ZCCM Investments Holdings has entered into a partnership with Chinese-owned Wonderful Group Services to develop a 600-megawatt coal-fired power plant in Zambia, a major...

Former AfDB chief to lead Botswana diamond fund as country accelerates diversification drive

Akinwumi Adesina has been appointed chairperson of Botswana’s new Diamonds for Development Fund, a strategic initiative created by the Government of Botswana and De...

Elegance by the Coast — Sugar Beach Mauritius

Set along the pristine shores of Flic-en-Flac, Mauritius, Sugar Beach Mauritius is a luxury beachfront resort celebrated for its grand colonial-inspired architecture, lush tropical...

Transnet signs major LNG terminal agreement at Ngqura port in South Africa

Transnet has signed a long-term operator agreement for a liquefied natural gas import terminal at the Port of Ngqura, marking another major step in...

Alvarez & Marsal expands into Africa as global investors intensify focus on the continent

Alvarez & Marsal has expanded into Africa with the launch of its first office on the continent in Cape Town, as rising global investor...

Russia expands African energy presence with Madagascar fuel storage partnership

Russia is deepening its energy footprint in Africa after signing agreements with Madagascar to establish a common economic zone that includes plans for strategic...

Zambia forms new joint venture to revive historic lime production facility

Industrial Development Corporation has entered into a joint venture aimed at reviving a century-old lime production facility in Zambia, part of broader efforts to...
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