Tag: South Africa

Afreximbank and IDC Sign Three Year Deal to Deploy $8 Billion into South African Industry

The African Export-Import Bank (Afreximbank) and South Africa’s Industrial Development Corporation (IDC) have signed a three year Memorandum of Understanding to deploy $8 billion...

Johann Rupert Tightens Grip on South African Healthcare With $947 Million Mediclinic Deal

South African billionaire Johann Rupert has strengthened his influence over the country’s private healthcare sector after his investment holding company, Remgro, completed the acquisition...

Where Japanese Precision Meets South African Innovation — FYN Restaurant, Cape Town

Perched above the vibrant heart of Cape Town, FYN Restaurant is one of Africa’s most celebrated fine-dining destinations, renowned for its distinctive fusion of...

South Africa’s Takealot Turns First Full-Year Profit as Revenue Surpasses $1 Billion

South Africa’s leading e-commerce company, Takealot Group, has reported its first full-year adjusted operating profit, marking a major milestone in its 15-year history as...

Kenya Taps TDB and AFC to Arrange $1.2 Billion Financing for Major Airport Expansion

Kenya has appointed the Trade and Development Bank (TDB) and the Africa Finance Corporation (AFC) to help arrange $1.2 billion in financing for the...

New Development Bank Approves Up to $1 Billion for South Africa’s Urban Infrastructure Expansion

The New Development Bank (NDB) has approved financing of up to $1 billion for urban infrastructure projects in South Africa, providing a significant boost...

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