Namibia Hydrogen fund managers appoints CEO
The appointment of Mercia Geises as the CEO of Namibia Hydrogen Fund Managers marks an important step in overseeing and advancing the country's ambitious plans for renewable energy.
Category International
Aquarabia Qiddiya City Park set to transform Saudi Arabia’s entertainment scene
Designed to cater to all ages, Aquarabia Park will include four world-record-breaking rides, ensuring thrills for adrenaline seekers, as well as plenty of family-friendly options
Saudi giant to buy major South African company
A unit of Saudi Arabia’s Zahid Group, in collaboration with its local partners, has proposed to acquire all outstanding shares of Barloworld Ltd., a key player in South Africa.
Supermarket Income REIT expands presence with secondary listing on JSE
Supermarket Income REIT plc (LSE: SUPR), a prominent real estate investment trust with a focus on acquiring grocery properties, has announced its upcoming secondary inward listing on the Main Board of the JSE Limited ("JSE"), scheduled to become effective on 13 December 2024.
African Development Bank accelerates private sector support with initial disbursement of USD 1 Billion loan to Transnet
The African Development Bank has released the first tranche of its $1 billion loan to Transnet, the South African state-owned conglomerate managing the country’s ports, railways and pipelines. This disbursement is the first in four tranches planned for an unparalleled financing arrangement to support Transnet’s business recovery plan.
Global real estate investment set to rise
On the back of improving sentiment, global real estate investment is projected by Savills World Research to rise by 7% to US$747 billion in 2024, with further growth to US$952 billion forecast for 2025
Strategic partnership with Broll Property Group enhances Grit 2.0 Strategy
Grit, the leading, London-listed pan-African impact real estate investor and solutions provider, announced a pivotal partnership with Broll Property Group (Pty) Ltd. The partnership aims to enhance Grit 2.0 strategy and reinforce its dedication to operational excellence and top-tier property management solutions.
Critical Minerals Africa Group (CMAG) launched to unlock Africa’s critical minerals potential
CMAG’s mission is to foster deeper relationships between Africa and global markets, and thereby enable the creation of resilient and diversified critical minerals supply chains
GCR reaffirms Hyprop Investments Limited long-term international and national issuer ratings
GCR Ratings (GCR) has affirmed Hyprop Investments Limited’s (Hyprop or the REIT) longand short-term international scale issuer ratings at BB- and B respectively. Concurrently, GCR has affirmed Hyprop’s longand short-term national scale issuer ratings at A+(ZA) and A1(ZA) respectively. The Outlook on all ratings remains Stable.
Troubled DeVere Group sets up shop in Mauritius
The Financial Services Commission (FSC) of Mauritius has granted the troubled DeVere Group a family office licence for the island nation.