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Vaal Aerotropolis
BusinessInvestments

South Africa’s Vaal Aerotropolis advances toward airport-led economic zone

South Africa’s $1.4 billion Vaal Aerotropolis targets a 2032 opening, with cargo facilities, 18,000 projected jobs and plans to revive the Vaal economy.

Oluwatosin Alao Oluwatosin Alao
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IFC Mali agribusiness financing
BusinessHot NewsInvestmentsLatest

IFC proposes $35 million loan to WIOCC to expand broadband infrastructure across Africa

IFC proposes a $35 million loan to WIOCC to expand fiber networks, subsea cable capacity and data centers across Africa, including Nigeria.

Feyisayo Ajayi Feyisayo Ajayi
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C-Care Mauritius
BusinessHot NewsInvestmentsLatest

Mauritius’ C-Care finalizes acquisition of Uganda’s Roswell Hospital

Mauritius-based C-Care has acquired Uganda’s Roswell Hospital, expanding its network to six hospitals and 17 clinics across the country.

Feyisayo Ajayi Feyisayo Ajayi
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Jannie Mouton, Zeder
BusinessHot NewsInvestmentsLatest

South Africa’s Zeder advances Zaad disposal as key approvals remain outstanding

Zeder has secured competition approval for its Zaad disposal in South Africa, but central bank clearance and other conditions remain outstanding.

Feyisayo Ajayi Feyisayo Ajayi
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Ninety One CEO Hendrik du Toit
BusinessInvestments

Ninety One plans to back infrastructure projects to revive Johannesburg 

Ninety One aims to mobilize private capital to help repair Johannesburg’s infrastructure and restore investor confidence.

Timilehin Adejumobi Timilehin Adejumobi
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Orion Minerals
BusinessHot NewsInvestmentsMining

Orion Minerals’ longtime investor Tembo Capital exits after nearly 10 years

Orion Minerals’ longtime investor Tembo Capital has exited after nearly a decade, as new shareholders back its Prieska copper-zinc mine development.

Feyisayo Ajayi Feyisayo Ajayi
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Ghanaian tycoon Ibrahim Mahama
BusinessHot NewsInvestments

Ghanaian tycoon Ibrahim Mahama mounts $100 million heavy industry expansion

Ibrahim Mahama scales his $100 million Dzata Cement plant and seals a major gold mine deal to challenge foreign dominance in Ghana's heavy industry.

Omokolade Ajayi Omokolade Ajayi
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IFAD- Equity
BusinessHot NewsInvestmentsLatest

IFAD, Equity Group’s 12-year blended finance to generate $266 million for farmers, MSMEs 

IFAD and Equity Group's 12-year blended finance mechanism expected to generate $266 million in loans for East African farmers and MSMEs.

Feyisayo Ajayi Feyisayo Ajayi
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IFC
BusinessHot NewsInvestmentsLatest

IFC commits $3.2 million to accelerate industrial decarbonization across Africa

IFC launches a $3.2 million project to accelerate industrial decarbonization, targeting Africa’s manufacturing, agribusiness and services sectors.

Feyisayo Ajayi Feyisayo Ajayi
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