The African Development Bank Group (AfDB) has announced a $10 million concessional equity investment in the ARM-Harith Successor Infrastructure Equity Fund. This strategic initiative is set to enhance access to…
Browsing: Investments
A new report from Barclays Private Bank has revealed that private equity continues to lead private markets amid growing interest from private wealth investors. The report indicates that Private Equity (PE) funds have captured a record 50.5% of private capital fundraising in the year-to-date, and…
Napkin, the company that uses Visual AI to improve business storytelling, has recently come out of stealth mode with $10 million (R 183,638,000.00) in funding from Accel and CRV. The…
South Africa’s electricity challenges have unlocked private market investments supporting the transition to renewables while earning investors market-leading, risk-adjusted returns. But with the improvement in SA’s electricity performance, the legislation…
Mustek, a leading assembler and distributor of personal computers and ICT products in South Africa, has experienced a remarkable two weeks on the Johannesburg Stock Exchange (JSE). Between July 16…
In a move that has stirred the luxury goods industry, Bernard Arnault, chairman and CEO of LVMH, has taken a personal equity stake in Richemont, the parent company of Cartier.…
Bob van Dijk, the former CEO of Naspers, received a substantial R330 million from the company over the past year, with additional payments expected in the current financial year. Naspers…
Investors are hopeful that South Africa’s newly formed unity government can implement stable economic policies to revive growth, but they remain cautious about how the coalition’s primary partners will reconcile…
Fiduciaries play a crucial role in managing non-profit organizations, balancing the responsibility of furthering the organization’s mission with prudent financial oversight. Their role extends far beyond attending meetings, requiring integrity,…
A recent report by Tanzanian newspaper, The Citizen, has revealed that over 100 Japanese investors are set to visit Tanzania in October. This development follows a highly successful investment campaign…