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Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine fund manager, announced today that it has signed legal agreements relating to a €30 million equity investment for the acquisition of a significant minority stake in Promamec, which will facilitate the exit of the private equity fund AfricInvest, and fund growth capex. The transaction is … [Read more...] about Vantage Capital signs a €30m deal with Promamec

For International Women’s Day 2023, UN Women Sudan teamed up with civil society organizations (CSOs), youth activists, artists, development partners and the UN to host events, raise awareness and galvanize action to bridge the gender digital divide.  The theme for International Women’s Day, 8 March 2023, was, “DigitALL: Innovation and technology for … [Read more...] about Sudan celebrates International Women’s Day and the 70th anniversary of the women’s movement in Sudan

Download logoFor Angola to achieve its targeted 9.9 GW of installed generation capacity and 60% electrification rate by 2025, the country’s Government has instituted an ambitious infrastructure plan. This plan is supported by a series of regulatory reforms, incentives for investors, and strategic partnerships that will require the execution of bankable Power Purchase … [Read more...] about Angolan Infrastructure Poised to Spur Growth and Diversification

Download logoAfrican Export-Import Bank (Afreximbank) (www.Afreximbank.com), through its Advisory and Capital Markets (ACMA) division, has acted as Joint Lead Manager for the debut US$300 million RegS-only international senior unsecured notes issued by Mauritius Commercial Bank (MCB) under its US$3 billion Global Medium Term Note Programme. The Notes offering, which was … [Read more...] about Afreximbank acts as Joint Lead Manager on Mauritius Commercial Bank’s US$300 million Debut International Senior Bond

A majority of Africans endorse the media’s “right to publish any views and ideas without government control,” rejecting the idea that a government should be able to prevent the media from publishing “things that it disapproves of,” new Afrobarometer (www.Afrobarometer.org) survey findings show. Support for media freedom is the majority view … [Read more...] about World Press Freedom Day: Afrobarometer data show increase in support for media freedom