Financials and Investment News in South Africa
| 1/11/2024 - To support sustainable infrastructure development across Africa, IFC announced a $20 million equity investment in the Africa50 Infrastructure Acceleration Fund (IAF Fund), which will invest in digital... |
| 1/4/2024 - Tower Resources plc, the AIM listed oil and gas company with its focus on Africa, announces the following issue of warrants to Directors and a consultant to the Company in lieu of fees. ... |
| 1/4/2024 - Tower Resources plc, the Africa-focused energy company, announces that Energy Exploration Capital Partners, LLC ("EECP" or the "Placee"), in accordance with the terms of the investment deed (the "Deed... |
| 12/6/2023 - On December 5, 2023, New Development Bank (NDB) returned to the South African bond market with a second successful ZAR bond issuance in the year. The book was well supported with over ZAR ... |
| 12/1/2023 - The Minister of Finance has concurred with the Minister of Public Enterprises to issue Transnet with
a R47 billion guarantee facility effective immediately in support of its recovery plan including m... |
| 12/1/2023 - Eskom is pinning its hopes on the Municipal Debt Relief programme facilitated by National Treasury to support municipalities in dealing with their historical debt challenges. According to t... |
| 11/30/2023 - Over the years, arrear debt particularly municipal debt had grown to unsustainable levels. As at end of March 2023, arrear municipal debt was at R58.5 billion, a substantial 30% year-on-year increase ... |
| 11/30/2023 - Clean Invest Africa Plc, the mineral fines waste processing company quoted on the Aquis Growth Market, is pleased to announce the successful completion of a placing (the "Placing"), to raise £210,000 ... |
| 11/30/2023 - Africa Oil Corp. ("Africa Oil", or the "Company") reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. As a result of the exer... |
| 11/26/2023 - On 24 November 2023, S&P Global Ratings (“S&P Global”) announced their decision to upgrade Eskom’s long-term issuer credit rating to ‘B’ from ‘CCC+’ with a stable outlook on the Group’s senior secured... |
| 11/7/2023 - Africa Energy Corp. (“Africa Energy” or
the “Company”) announces that it has amended its existing credit facility, increasing the amount available
from US$5.0 million to US$8.3 million and extending... |
| 11/6/2023 - African Guarantee Fund and leading Shari’ah-compliant financier Gulf African Bank (GAB) signed a credit risk guarantee facility to enable the bank’s SMEs access financing to support their growth. This... |
| 10/31/2023 - HIGHLIGHTS • Health, Safety and Environment • No accidents, injuries or health or environmental incidents have been reported during the period. • Safety meetings are held prior to eve... |
| 10/31/2023 - Tower Resources plc, the Africa -focused energy company, announces, for the purposes of the FCA's Disclosure and Transparency Rules, that the total issued share capital of the Company consists of 8,76... |
| 10/27/2023 - The Board of Directors of the African Development Bank has approved a financial package for Absa Group Limited comprising a sustainability-linked loan for an amount of ZAR 1.7 billion; an investment o... |
| 10/26/2023 - To facilitate increased access to financing for small and medium-sized enterprises (SMEs) in South Africa, including women-owned businesses, IFC announced a loan to FirstRand Bank, which will support ... |
| 10/26/2023 - Eco (Atlantic) Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins in South Africa , Namibia , and Guyana , announces that Alan Friedman , Non-executive Direc... |
| 10/25/2023 - Eco (Atlantic) Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins in South Africa , Namibia , and Guyana , announces that Gadi Levin , Finance Director of Ec... |
| 10/24/2023 - Eco (Atlantic) Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins in South Africa , Namibia , and Guyana , announces that Peter Nicol , Non-Executive Chairma... |
| 10/19/2023 - African Energy Week 2023 featured a dynamic conversation on Black excellence – featuring Clarence Seedorf, Chairman of the Black Impact Foundation – ahead of the upcoming Global Black Impact Summit in... |
