Tag: Business Africa

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...

World Bank’s MIGA plans major Africa expansion with $6.4bn annual guarantee target

Multilateral Investment Guarantee Agency plans to more than double the value of guarantees it issues for projects in Africa to about $6.4 billion annually...

ZEN Petroleum founder emerges as largest individual investor in Ghana Stock Exchange history

William Tewiah has become the richest individual investor in the history of the Ghana Stock Exchange following a major equity acquisition tied to Ghana’s...

Eni explores third floating LNG project offshore Mozambique

Eni is considering the development of a third floating liquefied natural gas platform off the coast of Mozambique as the energy giant deepens its...

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