Mediterrania Capital Partners, a private equity firm focused on growth investments in SMEs across North Africa and Sub-Saharan Africa, has partially sold its stake in Cash Plus, Morocco’s largest independent money transfer and low-income financial services provider, through an IPO on the Casablanca Stock Exchange.
Mergence Renewable Energy Debt Fund II Trust, managed by Mergence Investment Managers, and Specialised Listed Infrastructure Equity En Commandite Partnership (SLIEP), managed by Creation Capital, have incorporated a special purpose vehicle called Sustent Holdings, to act as the offeror to acquire and delist Mahube Infrastructure, a company listed on the JSE in 2015 and initially trading as GAIA Infrastructure Capital.
Standard Chartered and Coinbase have expanded partnership on digital assets to explore the development of trading, prime services, custody, staking and lending solutions for institutional clients.
PwC has appointed Anastacia Tshesane as the new CEO for PwC South Africa, effective July 1, 2026.
Africa Practice (Africa Practice), a mission-led advocacy practice with a 20+ year track record and presence across the African continent, has acquired 100% of Brink Innovation, a global innovation practice that combines behavioural sciences with proven innovation methods to deliver real world change.
The African Development Bank’s Board of Directors has approved a $10m loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company, to support a green ammonia project valued at more than $10bn and with the potential to position Namibia as a pioneer in the global green hydrogen economy.
When pension funds and investment managers change portfolio strategies, the visible costs are often just the tip of the iceberg. Poor execution during these transitions can erode significant value, yet many South African institutions still underestimate the risks involved and the value of partnering with an experienced transition manager.
The Public Investment Corporation (PIC), one of Africa’s largest asset managers, has successfully completed its migration to Confluence’s cloud-based Revolution platform.
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company, managed by Ninety One, has committed XOF 10bn (~$18m) to anchor the second phase of Côte d’Ivoire’s landmark social receivables-backed securitisation programme, dedicated to expanding electricity access for millions of people across the country.
Vodacom Group, a pan-African telecommunications group, has entered into an agreement with the Government of Kenya to acquire 15% of Safaricom and an additional 5% from Vodafone at KES34 per share, valuing the deal at $2.1 billion (R36 billion).
