Funding

The African Development Bank (AfDB) has announced a $125 million investment into the African Trade and Investment Development Insurance (ATIDI), a move that will make the continental lender the institution's…

Zimbabwe’s government has intensified its economic localisation strategy by enforcing new foreign investment thresholds that require international investors in selected sectors to commit at least $20 million and employ a…

Johannesburg-based investment manager Sango Capital has completed the acquisition of more than $120 million in net asset value across four African private equity funds, acquiring the portfolio from a non-African…

Prosus NV, the Amsterdam-listed technology investment group with a primary listing on the Johannesburg Stock Exchange, has agreed to sell a 5% stake in German food delivery company Delivery Hero…

A two-day-old disclosure from Tesla has confirmed what governance analysts had long suspected: Elon Musk's network of private companies is now a material revenue source for the publicly listed automaker,…

Capitec Bank has posted the strongest financial results in its 25-year history, reporting headline earnings of R16.8 billion, equivalent to $1.02 billion, for the financial year ended 28 February 2026.…

The European Union has cleared the final legislative hurdle on its €90 billion loan to Ukraine, with the EU Council formally adopting the last piece of required legislation on Thursday,…

Johann Rupert's Richemont has executed a €100.6 million ($109 million) debt-to-equity conversion at Delvaux, the world's oldest luxury leather goods house, in a move that restructures the Belgian brand's deteriorating…

Nigeria is haemorrhaging oil revenue at a pace that exposes the structural fragility at the heart of its fiscal architecture, even as a landmark $25 billion infrastructure deal signals a…

South Africa's venture capital market has recorded a significant capital event this week, with Endeavor South Africa officially closing its Harvest Fund III at R230 million, a development that signals…