Finance

India-based Varun Beverages Limited has completed its R2.1 billion all-cash acquisition of Twizza Proprietary Limited, a South African soft drink manufacturer, finalising one of the most significant consumer goods transactions…

Johannesburg-based fintech infrastructure company littlefish closed a $9.5 million Series A funding round on March 24, 2026, in a raise led by global venture capital firm Partech. Participating investors include…

The European Union and Egypt have formally operationalised a €7.4 billion strategic partnership agreement this week, marking one of the bloc’s largest recent government-to-government financial engagements in North Africa. The…

SES Raises €650 Million Through Hybrid Capital Issuance Global satellite communications operator SES S.A. has successfully priced €650 million in SPACE hybrid securities, reinforcing its balance sheet while securing long-term…

The World Bank has approved $350 million in financing for South Africa to establish a credit-guarantee facility designed to unlock billions of dollars in private infrastructure investment, according to an…

A new pool of growth capital has entered South Africa’s venture ecosystem after Hlayisani Capital confirmed it has secured R500 million (approximately $31 million) in commitments for its Hlayisani Venture…

On 22 February 2026, BlackRock formally disclosed a $500 million anchor commitment to African Infrastructure Fund III (AIF III), marking one of the largest single allocations to a Sub-Saharan focused…

Alphabet-backed Waymo closes one of the largest mobility funding rounds of 2026 Waymo, the autonomous vehicle subsidiary of Alphabet Inc., announced on 2 February 2026 that it has raised $16 billion in fresh…

Saudi Arabia has executed one of the largest capital-markets transactions of the year, with Saudi Aramco completing a $12 billion secondary share sale that reinforces the Kingdom’s strategy of recycling mature assets to fund…

Global fintech capital deployment continues with major B-round financing FinTech and tokenization specialist Superstate announced the completion of an $82.5 million Series B funding roundled by Bain Capital Crypto alongside Distributed Global, with participation from…