Cygnum Capital’s Sub-Saharan African project targets $300 million for off-grid power

Cygnum Capital targets $300 million to expand off-grid renewable energy financing across Sub-Saharan Africa, with IFC proposing $50 million.

Feyisayo Ajayi August 12, 2026

Business Hot News

South African executive Khumo Shuenyane to succeed Saki Macozoma as Vodacom chairman in 2027

South African executive Khumo Shuenyane has been appointed to succeed Saki Macozoma as chairman of Vodacom Group, with the leadership change taking effect in July 2027. Macozoma will retire from the company’s board after a decade of service, while Shuenyane, currently Vodacom’s lead independent director, will assume the chairmanship the following day. Vodacom said Macozoma will retire and step down…

Omokolade Ajayi August 12, 2026

Business Hot News

South African billionaire Christo Wiese’s Shoprite sales hit $17 billion, opens 262 stores in one year

Shoprite sales reached $17 billion as Africa’s largest retailer added 262 stores and expanded digital commerce through Sixty60 in 2026.

Feyisayo Ajayi August 12, 2026

South African billionaire Patrice Motsepe.

Business Hot News

Tanzania court strikes Pula Group’s $195 million claim against Motsepe-linked firms

Tanzania court removes Pula Group’s $195 million claim from the roll while leaving the alleged misuse of confidential information unresolved.

Timilehin Adejumobi August 12, 2026

Business Hot News

South African PGM producer Northam Platinum posts $3.3 billion revenue in 2026

Northam Platinum reports record 2026 revenue of R54 billion, stronger PGM production, higher earnings and a 40% minimum dividend payout.

Feyisayo Ajayi August 12, 2026

Tag: African Rainbow Capital

Tanzania court strikes Pula Group’s $195 million claim against Motsepe-linked firms

Cygnum Capital’s Sub-Saharan African project targets $300 million for off-grid power

South African executive Khumo Shuenyane to succeed Saki Macozoma as Vodacom chairman in 2027

South African billionaire Christo Wiese’s Shoprite sales hit $17 billion, opens 262 stores in one year

Tanzania court strikes Pula Group’s $195 million claim against Motsepe-linked firms

South African PGM producer Northam Platinum posts $3.3 billion revenue in 2026

Cygnum Capital’s Sub-Saharan African project targets $300 million for off-grid power

South African executive Khumo Shuenyane to succeed Saki Macozoma as Vodacom chairman in 2027

South African billionaire Christo Wiese’s Shoprite sales hit $17 billion, opens 262 stores in one year

Cygnum Capital’s Sub-Saharan African project targets $300 million for off-grid power

South African executive Khumo Shuenyane to succeed Saki Macozoma as Vodacom chairman in 2027

South African billionaire Christo Wiese’s Shoprite sales hit $17 billion, opens 262 stores in one year

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