First-of-its-kind power plant to go up in Northern Cape

Absa is one of the mandated lead arrangers, senior lender and hedge provider for one of the largest senior lenders in the recently concluded renewable energy project to finance South Africa’s largest Concentrated Solar Power (CSP) tower plant (100 MW), which...

Econet, Mastercard look to fintech solutions for Covid-19 response

The Econet Group through its subsidiary Cassava Fintech International and Mastercard have entered into a strategic partnership to advance digital inclusion across Africa and collaborate on a range of initiatives including expansion of the Africa CDC TravelPass....

Infobip acquires SMS firewall business

Infobip Group has acquired SMS firewall service provider Anam that offers solutions to more than 80 MNOS with more than 606-million customers across the world. The purchase price remains undisclosed and consists of a combination of cash and Infobip shares. With Anam...

Kaspersky appointed cybersecurity partner for trade initiative

Africa House London, a trade agency established to encourage trade, commerce, and investment between the UK and a selected number of sub-Saharan African high-growth markets, has selected Kaspersky as its cybersecurity risk management commercial partner for its trade...

Infinox expands into SA

After recording a 925% surge in trading volumes across Africa in 2020, Infinox, a CFD and FX broker, has expanded into South Africa. Dany Mawas, regional director at Infinox, says online trading is continuing to increase in popularity as a result of the pandemic and...

Imperial sells South American shipping business

The board of Imperial is pleased to announce that it has entered into an agreement for the sale of its South American shipping business to Hidrovias do Brasil, an independent integrated logistics provider focused on waterways logistics services in Latin America. The...