Tag: Business Africa

Eskom explores nuclear funding talks as South Africa eyes energy expansion

Eskom is in early-stage discussions with the World Bank and other development finance institutions over potential funding for nuclear energy projects as South Africa...

Otedola Commits $100 Million to Dangote Refinery Ahead of Landmark IPO

Femi Otedola has committed $100 million toward acquiring a stake in Dangote Refinery ahead of its planned initial public offering, further strengthening investor confidence...

Xi and Putin deepen strategic alliance with new trade and energy agreements

Xi Jinping and Vladimir Putin have signed a series of new agreements covering trade, energy cooperation, infrastructure, technology, and strategic investment as both countries...

Africa’s largest asset manager explores stake acquisition in Balwin Properties

Public Investment Corporation, Africa’s biggest fund manager, is in talks to acquire a stake in Balwin Properties as institutional investors increase interest in South...

South Africa’s CHARGE rolls out off-grid EV charging network on key transport corridor

CHARGE has launched a series of off-grid electric vehicle charging stations along the Johannesburg-to-Durban corridor as South Africa accelerates efforts to expand sustainable transport...

Ethiopia injects $500m into market through special foreign exchange auction

Ethiopia’s central bank has allotted $500 million through a special foreign exchange auction as authorities intensify efforts to stabilise the country’s currency market and...

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