Vantage Capital Group
  • Multimedia content

  • Images (3)
    • Vantage Capital arranges R430 million of mezzanine funding for Collins Residential, one of South Africa’s largest residential developers (1)
    • Vantage Capital arranges R430 million of mezzanine funding for Collins Residential, one of South Africa’s largest residential developers (2)
    • Vantage Capital arranges R430 million of mezzanine funding for Collins Residential, one of South Africa’s largest residential developers (3)
  • All (3)
Source: Vantage Capital Group |

Correction: Vantage Capital arranges R430 million of mezzanine funding for Collins Residential, one of South Africa’s largest residential developers

Seaton Estates looks to support the growing need for residential housing in the middle to upper segments of the property market along the North Coast of KwaZulu Natal

Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine fund manager, announced today that it has arranged R430 million of mezzanine funding for the development of Seaton Estates, a residential coastal development located on the North Coast of Kwa-Zulu Natal, South Africa. The promoter of the transaction is Collins Residential, the residential arm…

Source: Government of UK |

Minister for Africa visits East Africa to tackle regional challenges and deepen economic ties

The Africa Minister visited Kenya, Uganda and Ethiopia to deepen trade, education and health partnerships, and discuss challenges such as conflict and drought

Minister for Africa has visited Kenya, Uganda and Ethiopia to deepen partnerships on trade, education and health, and discuss solutions to regional challenges including conflict and drought. Vicky Ford announced £17 million of UK Aid to respond to region-wide drought, and one million COVID-19 vaccines. The Minister also announced new…

African Energy Chamber
  • Multimedia content

  • Images (1)
    • We Need to Talk About Africa’s Energy Crisis: Why is Production Waning? Its Exploration, stupid (By: Bigstock)
  • All (1)
Source: African Energy Chamber |

We Need to Talk About Africa’s Energy Crisis: Why is Production Waning? Its Exploration, stupid

With the cost of oil having reached close to $88 a barrel, producing markets such as Nigeria, Libya and Angola should be capitalizing on prices. Yet, production in Africa continues to significantly underperform

The final frontier for oil and gas exploration, a range of untapped resources awaiting exploitation, and opportunities across the entire energy value chain all represent key components of Africa’s hydrocarbon market. For years, resource rich nations have been capitalizing on their resources, driving exploration and production alongside global players. Now,…

Source: Government of UK |

Trade Secretary: United Kingdom is Africa's investment partner of choice for green transition

UK hosts second Africa Investment Conference with focus on sustainable investment

UK to host second Africa Investment Conference with focus on sustainable investment to support continent’s transition to clean growth; Government launches Growth Gateway tool to strengthen UK and African business relationships, following record £2.3bn support from UK Export Finance; Video address from Prime Minister Boris Johnson to open virtual event…

Energy Capital & Power
  • Multimedia content

  • Images (2)
    • West Africa’s Premier Energy Event Returns for its Second Edition on the 1-2 September 2022
    • H.E. Macky Sall of Senegal
  • All (2)
Source: Energy Capital & Power |

West Africa’s Premier Energy Event Returns for its Second Edition on the 1-2 September 2022

MSGBC Oil, Gas & Power 2022 will build on the success of the 2021 event, uniting regional leaders and global stakeholders in September in Dakar

Under the patronage of H.E. Macky Sall, President of the Republic of Senegal, MSGBC Oil, Gas & Power will once again take place in Dakar, Senegal, with the event serving as a catalyst for investment and multi-sector development in 2022; Representing the region’s official energy event, the conference is proud…

Source: Parliament of the Republic of Uganda |

Uganda: Evaluate performance of Umeme - MPs

Umeme’s concession granted in 2015 will end in 2025 subject to renewal

Members of Parliament have asked the Ministry of Energy and Mineral Development to conduct a study on the status and performance of energy distributor, Umeme as its concession ends. Umeme’s concession granted in 2015 will end in 2025 subject to renewal. The total investments that Umeme has made as of…

Source: United Arab Emirates Ministry of Foreign Affairs & International Cooperation |

UAE launches Etihad 7 program to fund renewable energy projects in Africa at Abu Dhabi Sustainability Week 2022

The program aims to supply clean electricity to 100 million people by 2035

The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) today announced the launch of Etihad 7 at Abu Dhabi Sustainability Week 2022. Etihad 7, a UAE-led innovation program, is dedicated to securing funding for renewable energy projects in Africa. The program aims to supply clean electricity to 100 million…

Source: Parliament of the Republic of Uganda |

Uganda: Halt new Umeme investments-Energy Ministry

Okaasai said that as Ugandans demand for electricity infrastructure, that has got an impact on the final buyout of Umeme, there is a need to watch out for new investments made

The Ministry of Energy and Mineral Development has recommended the halting of new investments by energy distributor, Umeme ahead of the expiry of its 25year concession in 2025. The Minister of State for Energy, Hon Sidronius Okaasai Opolot said this during a meeting with members of the Committee of Environment…

Source: Republic of South Africa: The Presidency |

Minister in The Presidency, Mondli Gungubele, visits Boegebaai to kickstart Green Hydrogen Project

Green hydrogen was identified as a “Big Frontier” that represents both future and current growth and investment opportunities for South Africa

Minister Mondli Gungubele will on Monday, 17 January 2021 join a delegation from Sasol, Infrastructure South Africa and the Northern Cape Provincial Government in Port Nolloth for a stakeholders engagement and site visit to Boegebaai. During the Sustainable Infrastructure Development Symposium South Africa (SIDSSA) held in October 2021, green hydrogen…

Verdant Capital
  • Multimedia content

  • Images (1)
    • Verdant Capital and KfW establish new fund to support MSME growth in Africa
  • All (1)
Source: Verdant Capital |

Verdant Capital and KfW establish new fund to support micro, small and medium-sized enterprises (MSME) growth in Africa

The fund is targeting high developmental impact, including job creation and income generation through SMEs and micro-entrepreneurship

Verdant Capital (www.Verdant-Cap.com) Hybrid Fund initially has USD 36 million of committed capital; Support for micro, small and medium-sized enterprises (MSME) through investment in financial institutions; Better access to financing, creation of employment and income generation for MSME in Africa Verdant Capital Hybrid Fund (VCHF) has reached its first closing…