British International Investment, the UK’s development finance institution and impact investor, has committed to invest up to $35 million towards the development of the first phase of a new container port in DRC.

The Fund achieved its hard cap, with USD748 million raised from a diverse investor base across Africa, Europe, Canada, US, Middle East and Asia with an additional USD206m approved for co-investments alongside the Fund.

Catalytic backing from the United Kingdom has enabled the Helios Climate, Energy Access, and Resilience (CLEAR) Fund to raise approximately US$200 million in its first close for investment in African businesses focused on climate mitigation and adaptation.

Leading global corporate intelligence and cyber security consultancy S-RM has been ranked in the 2024 Chambers and Partners’ Crisis & Risk Management and Litigation Support Guides, including achieving Band 1 in the Investigative Due Diligence category for the third consecutive year. 

Most of South Africa's voters support the 10-party Government of National Unity (GNU) formed a month after the African National Congress (ANC) lost its parliamentary majority in the 29 May presidential elections. The ANC, the centre-right Democratic Alliance (DA) and the Inkatha Freedom Party (IFP) have shared out the ministries. Now they have to agree a reform strategy. Africa Confidential looks forward to welcoming you to a rounded discussion on the prospects for Africa's most modern economy, and a considered Q&A session.

In order to support SME’s to increase revenue growth and business sustainability during Covid, TTRO in conjunction with New Zealand’s Ministry of Business Innovation and Employment and partner Google launched a successful program in New Zealand. Training Room Online (TTRO) is now expanding this innovative solution ‘webworx’ to small and medium businesses across the globe.

This exposure will provide local developers and Independent Power Producers (IPPs) with access to potential funding opportunities, ensuring the success and viability of their projects and delivery on the ground.

As more big emerging markets join the BRICS+ nations, the grouping could give the Global South a greater voice in world affairs and challenge the domination of existing institutions.

Private Infrastructure Development Group (PIDG) company, InfraCo Africa, has signed an agreement with Energywise Equipment (Pvt) Ltd (Energywise) and Impala Power Company Ltd (Impala), investing US$1.5m to progress development of the 30MWac Vungu Solar project in the country’s Midlands Province.

Highview Power, backed by investments from Janus Capital, the UK Infrastructure Bank, Centrica and other investors, has secured £300 million for the UK's first commercial scale liquid air energy storage (LAES) plant.

DLA Piper announces the appointment of Lorica Elferink, a new corporate director in South Africa. Lorica advises domestic and international clients on corporate law, company and securities law, and governance related matters.

We live in a volatile world where geopolitical risks, economic inflation, natural disasters and an increasingly complex regulatory environment are applying pressures on all fronts, including the insurance sector.

On July 2, 2024, the project company Kong Solaire, jointly owned by InfraCo Africa and Ivorian developer Africa Via, signed a concession agreement with the Ministry of Mines, Petroleum, and Energy, the Ministry of Finance and Budget, and Côte d'Ivoire Energies to develop a 50 MWp solar power plant located in Kong in the northern region of the country under a BOOT model.

Anzana Electric Group (formerly Virunga Power) and InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), have today announced the signing of a Power Purchase Agreement (PPA) with TANESCO, the state-owned national utility of Tanzania, which took place earlier this month in Dodoma.

Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is pleased to announce the closing of a US$150 million senior loan with Kamoa Copper to support the expansion of the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo.

The campaign to bring Africa-related disputes back to the continent is growing louder, but London is likely to remain a major centre for both African arbitration and litigation in the long term.

South Africa joins over 60 countries that will head to the polls in 2024, with heightened risks for civil unrest reminiscent of July 2021 top of mind. 2024 has been dubbed THE election year, with voters in more than 64 countries heading to the polls. South Africa’s national elections will take place on 29 May, and there’s absolutely no doubt that the outcome of these elections will prove consequential for years to come.

AMEA Power, one of the fastest-growing renewable energy companies in the Middle-East, announced today the official groundbreaking of the 120MWp Kairouan Solar Photovoltaic Project in Tunisia.

Corbetti Geothermal PLC (CGPLC) is pleased to announce that it has been awarded a two-year time extension under its Power Purchase Agreement with Ethiopia Electric Power (EEP).

Aon South Africa has released its ‘2024 Insurance State of the Market’ Report providing global and South African insurance market insights.